Press Releases

Options Group Announces the Appointment of Robert A. Flohr as Chairman

New York, September 8, 2008 - Options Group, a leading global executive search and strategic consulting firm, is pleased to announce the appointment of Robert A. Flohr as Chairman of the firm. Mr. Flohr has served as Senior Advisor to Options Group since 2002.

At the firm's off-site he told the attendees: "I have always been impressed by the firm's client service model, its relentless commitment to adding value, its entrepreneurial spirit and the overall quality of its people. I am very enthusiastic about the firm's growth potential and take on this new leadership role with a deep respect for what the founders and managing partners have been able to achieve over the past 15 years."

"Bob has long had a strong relationship with the Options Group family for many years and it is excellent news that he has agreed to become Chairman," said Michael Karp, CEO of Options Group.

"Over the last few years, Options Group and Bob worked on several projects together and this announcement brings this relationship in-house," added Ike Suri, Options Group's CFO/Co-COO. "He will be an important part of our mission to build senior relationships and expand our footprint globally. We will accelerate our recruiting effort to add senior consultants to help bolster our coverage across such sectors as Private Equity, Venture Capital, Private Wealth Management, Asset Management and Investment Banking."

Bob, who will work closely with Michael and Ike, has been a consultant and advisor to the financial services industry for over twenty years, primarily from an executive search platform. For the past few years, Bob has worked as a senior advisor to the boards of several major banks, consulting on issues related to corporate restructuring, integrations, corporate business development, management development and change management. He has an outstanding record of success in helping clients build new businesses, increase market share and improve performance. Bob consistently has been a market leader in originating new business and generating revenues.

His consulting career began with McKinsey and Co. and includes four years at Korn Ferry International (KFI). At KFI, he was head of the Financial Services practice for Europe and was responsible for the global coverage of investment banks and asset management firms. His clients have included many of the leading investment banks, asset managers, private equity firms and private banks in the world. While based in London for ten years, Bob covered all the European markets and maintains a significant network of personal and professional contacts, both in Europe and the U.S. Bob is a graduate of Princeton University and spent four years early in his career working as an Assistant Dean of Admissions and as an Academic Advisor at Princeton.