This September, nine new equity Partners were announced by MU. The nine newly appointed Partners represent seven nationalities from Mercuri Urval’s global organisation. The appointments took place on September 16th at the honourable Hotel J in Stockholm. The company now has 57 Partners working in all main global markets.
MU is a Global Executive Search and Talent Advisory organisation, with headquartered in Stockholm since 1967. In June of 2016, the founder and owner donated the company to a Foundation, Stiftelsen MU, in order to ensure a long-standing, secure development of the firm. A major step in MU's development took place in 2018 as the company's first employees were invited to the Partnership Programme. The Partner appointments is a process that will now run continuously:
Becoming a Partner is an opportunity to help shape MU's future as well as benefit from dividends. Being a Partner is a serious undertaking but also a huge opportunity for current and future employees, says Roger Hagafors", Chairman of the Group Board
MU's Partners become co-owners of a global organisation. Partnership is equally available to employees from Europe, Asia or the Americas based on openly communicated criteria.
The qualification process is transparent, and the requirements are communicated openly within the organisation. A significant and sustained individual contribution as well as a long-term commitment to the organisation are necessary requirements. Other criteria include consistently enacting MU's values and a continuous contribution to the organisation's development and capital structure, beyond personal performance. The Nomination process is driven by Partners acting on behalf of the Board of the main owner, Stiftelsen MU (the MU Foundation) and is independent of company leadership.
The purpose of the Programme is to be a significant part of the value proposition to successful employees and appealing for the consultants and employees we want to attract", adds Roger Hagafors.
MU was founded in Stockholm in 1967 and the organisation has since grown organically, from one office to operating in 60+ countries around the world. The headquarters is still located in Stockholm and since 2017 operates from new offices located at Jakobsbergsgatan.
Madeleine Wrangö
Content and Marketing Coordinator, MU
Phone: +46 (0)732 514 814
E-mail: madeleine.wrango@mercuriurval.com