Independent PPP expert joins McKinsey

The management consultant has hired Laurene Mahon (pictured), an infrastructure and public-private partnership expert. Wall Street alumnus Mahon had been in private practice for over a decade.

McKinsey & Company has hired a veteran independent consultant on infrastructure and public-private partnerships (PPPs).

The top-tier global management consulting firm has hired Laurene Mahon, who operated her own Laurene B. Mahon advisory business, as 'senior expert' in its infrastructure practice. Mahon joined McKinsey at the beginning of February, after running an independent practice since 2000. At McKinsey, she will be a government as well as investment advisor on PPPs.

Before starting her Rumson, New Jersey business, Mahon worked as a managing director for then Chase Manhattan Bank, as well as Credit Suisse First Boston and securities firm Kidder Peabody. She had also worked for Wall Street firm Bear Stearns in the late 1980s.

Educated at the Harvard University Graduate School of Design, where she majored in transportation planning, Mahon in the early 1980s worked as deputy chief financial officer for New Jersey Transit.

New York-headquartered McKinsey has an infrastructure practice encompassing energy, transportation and social infrastructure. The firm has employed notable personnel in both the public and private sectors, including Morgan Stanley chief executive James Gorman, Louisiana governor Bobby Jindal as well as Jeffrey Skilling, the infamous chief executive of Enron Corporation, currently serving a 24-year jail sentence.