Press Release

Stroz Friedberg names former McKinsey Americas Chairman, Michael Patsalos-Fox, as Chief Executive Officer

Stroz Friedberg is a specialized risk management firm built to help clients solve the complex challenges prevalent in today’s digital, connected, and regulated business world

NEW YORK,  NY – November 12, 2013

Stroz Friedberg, a global investigations, intelligence, and risk services company, announced today that Michael Patsalos-Fox has joined as Chief Executive Officer. A former Chairman of the Americas for management consulting firm McKinsey & Company, Patsalos-Fox is responsible for the company’s operations and growth strategies. Stroz Friedberg’s founders, Edward Stroz and Eric Friedberg, will serve as Executive Chairmen leading client development and hands-on strategic client counsel.

Patsalos-Fox, who retired from McKinsey & Company earlier this year, had been with the firm since 1981. He served as Chairman of McKinsey in the Americas from 2003 – 2009, responsible for driving an aggressive growth agenda leading over 2,500 consultants, including 300 partners. Between 2009 and 2013, Patsalos-Fox led the creation and development of McKinsey Solutions, a practice that combined industry and functional expertise with data science to unlock lasting insights and performance for the firm’s largest global clients. He also served as a senior partner on McKinsey’s operating committee for nine years, and he held a seat on the firm’s board for 12 years.

Stroz Friedberg was founded in 2000 and quickly became a “go-to” strategic advisor to the      C-suite of a large number of Fortune 500 companies, as well as a trusted resource for many of the world’s leading law firms. Co-founders Edward Stroz, a former Special Agent for the FBI, and Eric Friedberg, a former Assistant U.S. Attorney in the U.S. Attorney’s Office for the Eastern District of New York, are among the most respected experts in cyber-crime, digital forensics, electronic discovery, and investigations.

As a special agent, Stroz was responsible for the formation of the FBI’s Computer Crime Squad in New York City, where he supervised a wide range of investigations including denial of service attacks, illegal internet wiretapping, and fraud. As an Assistant U.S. Attorney, Friedberg served as the lead computer crimes prosecutor for the Eastern District of New York, where he conducted and directed numerous investigations and prosecutions involving computer crime and abuse, cyber extortion, and telecommunications fraud in cases impacting some of the biggest names in corporate America.

“While many consulting firms offer cyber security and risk management advisory services today, we built Stroz Friedberg to have a depth of talent and breadth of experience that are unmatched,” said Eric Friedberg. “Our clients are able to access the expertise of many of the most respected professionals from government, law enforcement, and regulatory bodies to help address their greatest risk and investigations challenges, and now we have one of the most respected names in management consulting joining us as our CEO. That’s really hard to beat.”

“Pretty much every company in the world finds that the talk in the boardroom is focused on managing the risk challenges in cyber security and fraud,” said Ed Stroz. “Stroz Friedberg advises many companies as a trusted party to those conversations, and Michael has been on the front lines with board members and the C-suite as much as anyone in business. He’s clearly the right person at the right time to continue to power our growth in this unprecedented environment, and we are proud to have him leading us forward.”

Born in Cyprus, Patsalos-Fox has lived in Australia, Switzerland, the U.K., and the U.S. He holds a degree in computer science and mathematics from Sydney University in Australia and an MBA with distinction from the International Institute of Management Development (IMD) in Lausanne, Switzerland. He currently serves on a number of boards, including that of the Playwrights Horizons Theater Company.

Patsalos-Fox is based in Stroz Friedberg’s headquarters in New York City.

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