McKinsey’s China Rainmaker to Retire; Firm Rotates Top Leaders

May 16, 2024, 7:16 AM UTC

A top China rainmaker at McKinsey & Co. is leaving the global consulting firm after more than three decades, at a time when it’s reshuffling senior leadership ranks to adapt to a shifting business and political landscape.

Lola Woetzel, a Shanghai-based senior partner, is retiring soon, according to people familiar with the matter, who asked not to be identified as the information is private. She is also a director of the McKinsey Global Institute, the firm’s business and economics research arm, and opened the consultancy’s office in Shanghai in 1995.

A few dozen of McKinsey’s roughly 700 senior ...

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