McKinsey's Top Leader Faces Vote to Unseat Him.

The leadership of consulting firm McKinsey is uncertain as its global managing partner, Bob Sternfels, failed to secure a majority of support from senior partners for another term. A runoff election will be held between Sternfels and Rodney Zemmel, the head of McKinsey's digital strategy business. The voting process allows partners to express their support or dissatisfaction with the firm's direction. McKinsey's revenue growth has slowed due to the pandemic, leading to job cuts and a reduction in the partnership class. If Sternfels is replaced, he would be the second consecutive leader to serve only one term. [Extracted from the article]