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BearingPoint, Inc (fka BGPTQ) RSS Feed

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Important Websites

Home Page: http://www.bearingpoint.com/portal/site/bearingpoint

Investor Relations

Denise Stone
Director, Investor Relations
denise.stone@
bearingpoint.com
US: +1 908 607 2100

Corporate Contact

+1 (866) BRNGPNT
+1 (508) 216-2523 from outside the U.S. and Canada.

About BearingPoint (BE)

BearingPoint, Inc. provides management and technology consulting services primarily in North America and internationally. The company offers management consulting, technology solutions, application services, and managed services. Its integration services comprise designing, building, and implementing new or enhanced system applications and related processes; general business consulting services include system selection or assessment, feasibility studies, business valuations, and corporate strategy; and managed services consist of managing, staffing, maintaining, hosting, or otherwise running solutions and systems provided to its customers. The company serves agencies of the U.S. federal government, such as the departments of defense, homeland security, and health and human services; provincial, state, and local governments; public healthcare companies and private sector healthcare agencies; aerospace and defense companies; and higher education clients, as well as various sectors, including technology, consumer markets, manufacturing, life sciences, energy markets, transportation, communications, and private and public utilities. BearingPoint also provides solutions to banking, insurance, securities, real estate, hospitality, and professional services institutions. The company was founded in 1999. It was formerly known as KPMG Consulting, Inc. and changed its name to BearingPoint, Inc. in 2002. The company is headquartered in McLean, Virginia.

Fueled by the passion and experience of our dedicated consultants, BearingPoint helps solve our clients� most pressing challenges day in and day out. From strategy to execution, our disciplined yet flexible approach starts and ends with our clients. By listening hard and working harder, their goals become our goals. Their success is our satisfaction. It�s why our clients sleep well at night.

More specifically, what sets us apart is:

Results: Measurable & Sustainable
BearingPoint consultants work with clients to deliver practical, measurable and sustainable results day in and day out. By helping clients make the right strategic decisions and implement the right solutions, the world�s most respected organizations keep coming back to BearingPoint.

Approach: Collaborative & Flexible
With deep industry experience, BearingPoint consultants have the disciplined, yet flexible approach to seek out the right way for our clients, not just �the� way. A collaborative and responsive approach to problem-solving inspires innovative and effective solutions. Our clients appreciate this approach since it means we are listening to their needs and exceeding their expectations time after time.

People: Passionate & Experienced
Ask any client who has worked with BearingPoint and they will tell you the same thing: BearingPoint consultants are personally committed to getting the job done regardless of the obstacles. Sure BearingPoint consultants draw from a deep well of industry experience but it is their passion and dedication that garners extraordinary client loyalty.

BearingPoint works with a select group of technology and software alliance partners who enhance our market offerings, bring value to our clients, and align with our market strategy. Our Alliance Partners enhance BearingPoint's ability to solve client challenges by helping us to deliver:

* Deep industry and technology experience
* New technology across a range of industries
* Industry-leading solutions created with global authorities in their field

The result is a stronger ability to deliver long-term value to our clients.

BE Management

Reference: http://www.bearingpoint.com/portal/site/bearingpoint/menuitem.c61caed41198bcb753d0a11047108a0c/vgnextoid=b28b3c0bc28fe010VgnVCM1000003264a8c0RCRD

Roderick C. McGeary
Chairman of the Board

Roderick C. McGeary, age 57, has been a member of the Board since August 1999 and Chairman of the Board since November 2004. From March 2005 until December 2007, Mr. McGeary served the Company in a full-time capacity, focusing on clients, employees and business partners. From 2004 until 2005, Mr. McGeary served as our Chief Executive Officer. From 2000 to 2002, Mr. McGeary was the Chief Executive Officer of Brience, Inc., a wireless and broadband company. Mr. McGeary is a director of Cisco Systems, Inc., a worldwide leader in networking for the Internet, and Dionex Corporation, a manufacturer and marketer of chromatography systems for chemical analysis. On December 31, 2007, Mr. McGeary retired as an employee of the Company. Mr. McGeary will continue serving as Chairman of the Board.

Ed Harbach
Chief Executive Officer

Named Chief Executive Officer in December 2007, Ed has nearly 30 years experience in the management and technology consulting industry. He is also a member of the Board of Directors. Previously, Ed served as BearingPoint's President and Chief Operating Officer, where he was responsible for the company's day-to-day global operations. Prior to joining BearingPoint, Ed had retired as a managing partner and member of the leadership team at Accenture. He held multiple client-facing and executive positions throughout the organization. In addition to leading Accenture's global client relationships with several Fortune 100 companies, Ed served as Chief Information Officer and Managing Partner, Client Satisfaction and Quality, and turnaround leader on a number of critical client and organizational assignments in multiple geographic regions.

Douglas C. Allred,

Has been a member of the Board since January 2000. Mr. Allred is a private investor. Mr. Allred retired from his position as Senior Vice President, Office of the President, of Cisco Systems, Inc. in 2003. Mr. Allred was Senior Vice President, Customer Advocacy, Worldwide Consulting and Technical Services, Customer Services, and Cisco Information Technology of Cisco Systems, Inc. from 1991 to 2002.

Betsy J. Bernard,

Has been a member of the Board since March 2004. Ms. Bernard is a private investor. Ms. Bernard was President of AT&T Corporation from 2002 to 2003. From 2001 to 2002, Ms. Bernard was President and Chief Executive Officer of AT&T Consumer. Ms. Bernard is a director of The Principal Financial Group, a global financial institution, and Telular Corporation, a provider of fixed cellular solutions and wireless security systems and monitoring solutions.

Albert L. Lord,

Has been a member of the Board since February 2003. Mr. Lord is a vice chairman and Chief Executive Officer of SLM Corporation, commonly known as �Sallie Mae,� since January 2008. Mr. Lord was Vice Chairman and Chief Executive Officer of Sallie Mae from 1997 to 2005 and Chairman from 2005 to January 2008.

Spencer C. Fleischer

Has been a member of the Board since July 2005. Mr. Fleischer is a senior managing member and Vice Chairman of Friedman Fleischer & Lowe GP II, LLC, a company sponsoring and managing several investment funds that make investments in private and public companies, and has served in such capacity since 1998. Mr. Fleischer was appointed to the Board in accordance with the terms of the securities purchase agreement, dated July 15, 2005, relating to the July 2005 Convertible Debentures among the Company and certain affiliates of Friedman Fleischer & Lowe, LLC. If Mr. Fleischer ceases to be affiliated with the purchasers or ceases to serve on our Board, so long as the purchasers collectively hold at least 40% of the original principal amount of the July 2005 Convertible Debentures, the purchasers or their designee have the right to designate a replacement director to the Board.

Wolfgang Kemna

Chief Executive Officer of Living-e AG Mr. Kemna has served as Chief Executive Officer of Living-e AG, a German-based software provider of publishing and productivity software, since July 2007. From 2004 to 2007, Mr. Kemna served as Managing Director of Steeb Anwendungssysteme GmbH, a wholly owned subsidiary of SAP AG. Previously, he held several positions at SAP AG, including Executive Vice President of Global Initiatives from 2002 to March 2004; President and Chief Executive Officer of SAP America, Inc. from April 2000 to September 2002; and member of SAP's extended executive board from 2000 to March 2004 with responsibility for the Americas. Mr. Kemna began his career with SAP in 1987, and served as managing director at SAP�s German subsidiary responsible for sales and marketing efforts from July 1998 until April 2000. Between 1995 and 1998, Mr. Kemna headed SAP operations in Africa, the Middle East and the southeast of Europe. Mr. Kemna joined BearingPoint�s board of directors in April 2001.

SEC Filing Information

http://phx.corporate-ir.net/phoenix.zhtmlc=121861&p=irol-SECbridge

1.20.2009

http://biz.yahoo.com/e/090120/bgpt.ob8-k.html

News

http://phx.corporate-ir.net/phoenix.zhtmlc=121861&p=irol-news&nyo=0

Chart and Stock Information

Share Structure

 

The Board of Directors of the Company also approved the implementation of a reverse stock split at a one-for-fifty ratio, which had been authorized by the shareholders. As a result of the reverse stock split, every fifty shares of BearingPoint’s common stock that were issued and outstanding as of market close on Dec. 10, 2008, will be automatically combined into one issued and outstanding share. Until such time as determined by NASDAQ, the Company’s shares will continue to trade on the OTC Bulletin Board under the symbol “BRGP” on a pre-split basis. The Company expects that, upon the reverse stock split becoming effective for purposes of quotation on the OTC Bulletin Board, its common stock will trade under a new trading symbol on a post-split basis, reflecting the one-for-fifty reverse stock split.

Instead of issuing any fractional shares as a result of the reverse stock split, stockholders will receive cash payments for such fractions after the Company’s transfer agent sells all of the aggregated fractional shares of common stock. Following the reverse stock split, the Company expects the number of its shares of common stock issued and outstanding will be reduced from approximately 220 million shares to approximately 4.4 million shares.
Source: http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&newsId=20081205005655&newsLang=en

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_______________________________________
Updated 05 Jun 2008 by Soapy Bubbles

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