fbpx
Wikipedia

Buck (human resources consulting company)

Buck (formerly Buck Consultants) is a global HR benefits and human resource consulting firm based in New York City. On April 3, 2023, the company was acquired by Arthur J. Gallagher & Co.[1][2]

Buck
Formerly
  • Buck Consultants
  • Buck Consultants at Xerox
  • Conduent HR Services
  • Mellon HR&IS
IndustryProfessional services
Founded1916; 108 years ago (1916)
FounderGeorge B. Buck Sr.
HeadquartersNew York City, United States
Area served
Worldwide
ProductsHuman resource consulting and outsourcing
Owner
Number of employees
2,300
WebsiteOfficial website

History edit

Founded as an actuarial firm in New York City in 1916 by George B. Buck Sr.,[3] in 2016 the firm had more than 1,500 employees and affiliates in nearly 200 global locations.

Buck Consultants remained an independent organization until 1997 when it was acquired by Mellon Financial.[4] The Buck Consultants brand name was scrapped in late 2003 when Mellon unified various business lines under the name Mellon Human Resource & Investor Solutions (Mellon HR&IS).[5]

Affiliated Computer Services (ACS) acquired Mellon's human resource businesses in 2005[6] and reintroduced the Buck Consultants brand. In 2010, Xerox acquired ACS for $6.4 billion. Buck Consultants was later rebranded as "Buck Consultants at Xerox".[7]

At the beginning of 2017, Conduent was spun off from Xerox. Buck Consultants, which was one of the businesses spun off, was renamed Conduent HR Services.[8]

In May 2018, Conduent announced that it would sell the Buck Consultants portion of its business to H.I.G. Capital, starting the clock on a 90-day transition period in which it hoped to complete the sale.[9] Immediately after the close of the deal on August 13, the business became known as Buck.[10]

Arthur J. Gallagher & Co. completed the acquisition of Buck in April 2023.

Management edit

  • Jack Freker - Chief Executive Officer
  • Amy Podrasky - Chief Operating Officer
  • Steve Coco - Chief Solutions Officer
  • Mike Hardy - Chief Financial Officer
  • Inderjit Jhajj - Chief Information Officer
  • Rod Bernstein - General Counsel and Chief Human Resources Officer
  • Dean Aloise - Managing Director (United States)
  • David Piltz - Managing Director (United Kingdom)
  • Greg Fayarchuk - Managing Director (Canada)
  • Ravi Mehta - Head of Strategy and M&A

References edit

  1. ^ "Arthur J. Gallagher & Co. has completed its acquisition of Buck". Buck. Retrieved 2023-07-23.
  2. ^ "Arthur J. Gallagher & Co. Completes Acquisition of Buck". PR Newswire. Retrieved 2023-07-23.
  3. ^ . Buck Consultants. Archived from the original on January 17, 2012. Retrieved April 13, 2017.
  4. ^ Massey, Steve (December 31, 1996). "Mellon Buys Buck Consultants". Pittsburgh Post-Gazette. Retrieved April 13, 2017.
  5. ^ Avery, Helen (October 2, 2003). "Buck Consultants change name in Mellon rebranding". Investment & Pensions Europe. Retrieved April 13, 2017.
  6. ^ "ACS Acquires Mellon HR&IS" (Press release). Mellon. March 25, 2005. Retrieved April 13, 2017.
  7. ^ Dunning, Matt (July 15, 2014). "Buck Consultants renames to reflect Xerox brand unity". Business Insurance. Retrieved April 13, 2017.
  8. ^ Paterson, Jennifer (January 4, 2017). "Xerox splits off HR business, Buck Consultants becomes Conduent". Benefits Canada. Retrieved April 13, 2017.
  9. ^ Comtois, James (May 1, 2018). "Conduent sells former Buck Consultants business to H.I.G. Capital". Pensions & Investments. Retrieved May 9, 2018.
  10. ^ Stapleton, Jonathan (August 14, 2018). "Buck name revived as Conduent completes sale of HR consulting arm to H.I.G. Capital". Professional Pensions. Retrieved August 14, 2018.

External links edit

  • Buck website

buck, human, resources, consulting, company, buck, formerly, buck, consultants, global, benefits, human, resource, consulting, firm, based, york, city, april, 2023, company, acquired, arthur, gallagher, buckformerlybuck, consultantsbuck, consultants, xeroxcond. Buck formerly Buck Consultants is a global HR benefits and human resource consulting firm based in New York City On April 3 2023 the company was acquired by Arthur J Gallagher amp Co 1 2 BuckFormerlyBuck ConsultantsBuck Consultants at XeroxConduent HR ServicesMellon HR amp ISIndustryProfessional servicesFounded1916 108 years ago 1916 FounderGeorge B Buck Sr HeadquartersNew York City United StatesArea servedWorldwideProductsHuman resource consulting and outsourcingOwnerIndependent 1916 97 Mellon Financial 1997 2005 ACS 2005 10 Xerox 2010 17 Conduent 2017 18 H I G Capital 2018 23 Arthur J Gallagher amp Co 2023 present Number of employees2 300WebsiteOfficial website Contents 1 History 2 Management 3 References 4 External linksHistory editFounded as an actuarial firm in New York City in 1916 by George B Buck Sr 3 in 2016 the firm had more than 1 500 employees and affiliates in nearly 200 global locations Buck Consultants remained an independent organization until 1997 when it was acquired by Mellon Financial 4 The Buck Consultants brand name was scrapped in late 2003 when Mellon unified various business lines under the name Mellon Human Resource amp Investor Solutions Mellon HR amp IS 5 Affiliated Computer Services ACS acquired Mellon s human resource businesses in 2005 6 and reintroduced the Buck Consultants brand In 2010 Xerox acquired ACS for 6 4 billion Buck Consultants was later rebranded as Buck Consultants at Xerox 7 At the beginning of 2017 Conduent was spun off from Xerox Buck Consultants which was one of the businesses spun off was renamed Conduent HR Services 8 In May 2018 Conduent announced that it would sell the Buck Consultants portion of its business to H I G Capital starting the clock on a 90 day transition period in which it hoped to complete the sale 9 Immediately after the close of the deal on August 13 the business became known as Buck 10 Arthur J Gallagher amp Co completed the acquisition of Buck in April 2023 Management editJack Freker Chief Executive Officer Amy Podrasky Chief Operating Officer Steve Coco Chief Solutions Officer Mike Hardy Chief Financial Officer Inderjit Jhajj Chief Information Officer Rod Bernstein General Counsel and Chief Human Resources Officer Dean Aloise Managing Director United States David Piltz Managing Director United Kingdom Greg Fayarchuk Managing Director Canada Ravi Mehta Head of Strategy and M amp AReferences edit Arthur J Gallagher amp Co has completed its acquisition of Buck Buck Retrieved 2023 07 23 Arthur J Gallagher amp Co Completes Acquisition of Buck PR Newswire Retrieved 2023 07 23 About Buck History Buck Consultants Archived from the original on January 17 2012 Retrieved April 13 2017 Massey Steve December 31 1996 Mellon Buys Buck Consultants Pittsburgh Post Gazette Retrieved April 13 2017 Avery Helen October 2 2003 Buck Consultants change name in Mellon rebranding Investment amp Pensions Europe Retrieved April 13 2017 ACS Acquires Mellon HR amp IS Press release Mellon March 25 2005 Retrieved April 13 2017 Dunning Matt July 15 2014 Buck Consultants renames to reflect Xerox brand unity Business Insurance Retrieved April 13 2017 Paterson Jennifer January 4 2017 Xerox splits off HR business Buck Consultants becomes Conduent Benefits Canada Retrieved April 13 2017 Comtois James May 1 2018 Conduent sells former Buck Consultants business to H I G Capital Pensions amp Investments Retrieved May 9 2018 Stapleton Jonathan August 14 2018 Buck name revived as Conduent completes sale of HR consulting arm to H I G Capital Professional Pensions Retrieved August 14 2018 External links edit nbsp Companies portal Buck website Retrieved from https en wikipedia org w index php title Buck human resources consulting company amp oldid 1166842290, wikipedia, wiki, book, books, library,

article

, read, download, free, free download, mp3, video, mp4, 3gp, jpg, jpeg, gif, png, picture, music, song, movie, book, game, games.