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Company brings on people for management jobs in Boston

Posted on May 28, 2013

Looking ahead at expansion and growth, one company is bringing on two people to hold management jobs in Boston.

Stax, a global strategy consulting firm, has hired Prashant Tewari and Palash Misra, to join its Boston office as directors.

Stax Inc. is a global strategy consulting firm with offices in Boston, Chicago, New York, and Colombo, Sri Lanka. Founded in 1994, Stax works with clients ranging from the Fortune 500 and 14 of the 20 largest LBO firms in the world, to middle-market private equity firms and their portfolio companies.

Prashant will be leading relationships for private equity and corporate clients. He has over 16 years of corporate strategy and organic and acquisitive growth globally. His expertise lies in M&A, investment due diligence, growth strategy, new product/market entry, international expansion, and business transformation. He has consulted for businesses in the financial, technology, and the industrial manufacturing and chemicals sectors.

Prashant comes to Stax from his own consulting firm serving both corporate and private equity clients. Before that, he was at global asset manager AllianceBernstein, where one of his roles was creating new products and acquiring new services on asset management and investment strategy.

He was also an engagement manager at McKinsey & Co., as well as a banker at Standard Chartered Bank, where he advised US and European businesses on M&A and capital structure issues. Prashant holds an M.B.A. with honors from the University of Chicago’s Booth School of Management; another Master’s degree in Business from the Indian Institute of Management, where he was awarded the Director’s medal for academic excellence; and a B.S. from the Indian Institute of Technology.

Palash—who worked at Stax from 1999 to 2003—is rejoining the firm after seven years as the Corporate Strategy and Development Director at Monster Worldwide.

Palash partnered with Fortune 500 and leading private equity clients to address their strategic due diligence needs, working heavily in the internet technology, healthcare, and retail sectors.

“We’re excited to add two consulting professionals of Prashant and Palash’s caliber to our leadership team,” commented Stax President Mark Bremer. “They bring even more depth to Stax’s long-standing strength in strategy, profit improvement, and M&A due diligence. The fact that we’ve brought them on board speaks to how quickly demand is expanding for the high-quality services that Stax offers.”