Richard N. Foster

Richard N. Foster

Richard N. Foster, Managing Partner, Millbrook Management Group LLC – Mr. Foster was a Director and Senior Partner of with McKinsey & Company where he was responsible for serving clients in the U.S., Europe and Asia focusing on industry sectors including chemicals, electronics, healthcare, retail and consumer goods industries.

During his 31 year tenure with McKinsey & Company and beginning in 1973, Mr. Foster was elected principal (1977) and later Senior Partner and Director (1982), a position he maintained for 22 years. Before leaving McKinsey & Company, Mr. Foster served as founder and Managing Director of McKinsey’s private equity practice. He also founded and lead McKinsey’s technology and healthcare sectors. In addition, Mr. Foster led the multi-decade consulting activities with one of McKinsey’s largest clients, a healthcare company.

While at McKinsey & Company, Mr. Foster led a fifteen year effort to construct and analyze a database to analyze the financial and capital markets records of over 4000 U.S. companies. This effort resulted in Mr. Foster’s two best selling books, “Innovation: The Attacker’s Advantage” (1986) and “Creative Destruction” (2000), which focuses on the relationship between capital formation, innovation and corporate leadership.

Mr. Foster served as a member of the Board of the Santa Fe Institute from 1994-2004, where he was the primary sponsor of the economics program focusing on finance and trading strategies.

Mr. Foster is a Director of Trust Company of the West, athena healthcare, the Council for Aid to Education, Cardax Pharmaceuticals, the Memorial Sloan Kettering Institute and the Council on Foreign Relations.

Mr. Foster received his B.S., M.S. and PhD in Engineering and Applied Science from Yale University.

Bibliography

* Richard N. Foster and Sarah Kaplan. [http://www.mckinsey.com/ideas/books/creativedestruction/index.asp "Creative Destruction: Why Companies that are Built to Last Underperform the Market - And how to Successfully Transform Them"] . Currency publisher. 2000.
* Richard N. Foster [http://www.amazon.com/dp/0671622501 "Innovation: The Attacker's Advantage"] . Summit Books. 1986.


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