and Asia and continued to be recognized for its expertise in areas combining aspects of technology, innovation, and strategy. Refounding - current partnership organization A group of partners led a management buyout from the Altran group in 2011. The MBO was completed on 30 December 2011 with the vast majority of ADL directors becoming partners and shareholders. A small number of senior principals, as well as the CFO and COO, also became also shareholders. The firm is led by the elected Global CEO, Ignacio Garcia-Alves, who was also the leader of the MBO team. Currently the firm operates with an elected board of directors and several elected committees - Compensation Committee, Partnership Committee, and an Audit Committee. Since the MBO, ADL opened new offices in Turkey, Oslo, Buenos Aires, Mexico City, Singapore, Hong Kong, Beirut, Riyadh, Moscow, Prague and Bahrain. In addition, ADL recently re-established itself in the US market and has opened offices in Boston, New York, and San Francisco. In March 2021 Arthur D. Little announced it had reached a milestone of over 100 partners. In March 2022 Arthur D. Little terminated its operations in Russia and closed its Moscow office. Practice areas Arthur D. Little is organized across a number of industry specialty groups including Aerospace & Defense, Automotive, Chemicals, Consumer Goods & Retail, Energy & Utilities, Financial Services, Healthcare & Life Sciences, Industrial Goods & Services, Oil & Gas, Private Equity, Public Services, Telecommunications, Information Technology, Media & Electronics (TIME), Travel & Transportation. Major service lines are in Corporate Finance, Digital Shift, Digital Problem Solving, Information Management, Marketing & Sales, Operations Management, Organization & Transformation, Risk, Strategy & Organization, Sustainability, Technology & Innovation Management. Rankings, awards, and recognition In 2021, ADL Europe was rated #10 in Vault's 2021 Consulting rankings for Europe with recognition for Informal Training (#7), Interaction with Clients (#1), Innovation (#11), Levele of challenge (#12), Fir Culture (#13), Environmental Sustainability (#13), Technology, Media & Telecommunications Consulting (#15), Prestige (#15) In 2021, ADL Asia was rated #6 in Vault's 2022 Consulting rankings Asia. On Vault's global rankings of key employment factors, ADL Asia was ranked #3 for Innovation and Overall Business Outlook and Exit Opportunities, #4 for Interaction with Clients, Level of challenges, Promotion Policies, Benefits, and Travel Requirements. ADL re-established itself in the US market in 2016 and has since been recognized by Forbes in 2016, 2017, 2018, 2019, 2020, 2021, and 2022