BearingPoint - Corporate Timeline

2002
October 3, 2002	Rand Blazer, Chairman and Chief Executive Officer of BearingPoint, Inc. (NYSE: BE), formerly known as KPMG Consulting, Inc., rings the opening bell to begin trading on the New York Stock Exchange.
October 2, 2002	KPMG Consulting, Inc. changes name to BearingPoint, Inc. Stock will begin trading under ticker symbol BE on the New York Stock Exchange, effective Wednesday, October 3, 2002.
September 17, 2002	KPMG Consulting, Inc. announces that it will begin trading on the New York Stock Exchange, effective October 3, 2002.
August 23, 2002	KPMG Consulting hires partners and staff from the Andersen Business Consulting unit in Brazil, and acquires the Andersen Business Consulting unit in Peru.
August 22, 2002	Acquisition of German, Swiss and Austrian consulting practices of KPMG DTG completed.
August 7, 2002	KPMG Consulting reports fourth quarter FY02 operating earnings of $24.1 million and operating net income per share of $.15 on gross revenue of $583.2 million.
July 3, 2002	Completes acquisition of Andersen’s Business Consulting Unit in Switzerland.
July 2, 2002	Hired Consulting partners and staff from Andersen Business Consulting, U.S.
May 8, 2002	Acquisition of Andersen’s China and Hong Kong consulting units announced.
April 30, 2002	KPMG Consulting reports third quarter FY02 operating earnings of $23.7 million and operating net income per share of $.15 on gross revenue of $582.3 million.
January 31, 2002	KPMG Consulting reports second quarter FY02 operating earnings of $19.4 million and operating net income per share of $.12 on gross revenue of $593.2 million.
2001
December 4, 2001	Oracle’s Jay Nussbaum joins KPMG Consulting as Executive Vice President for Managed Services, resigning his board seat.
November 5, 2001	KPMG Consulting reports first quarter FY02 operating earnings of $22.3 million and operating net income per share of $.14 on gross revenue of $608.9 million.
October 3, 2001	KPMG Consulting expands global operations with acquisition of the Australian consulting unit of KPMG International.
October 1, 2001	Alice M. Rivlin, a former Vice Chair of the Federal Reserve Board, joins KPMG Consulting, Inc.’s Board of Directors.
August 7, 2001	KPMG Consulting reports FY01 revenue up 21% over prior year with operating earnings of $130 million and gross revenue of $2.9 billion.
May 1, 2001	KPMG Consulting reports third quarter FY01 gross revenue up 19% over prior year with operating earnings of $42 million and gross revenue of $751 million.
April 25, 2001	KPMG Consulting announces that leaders from Cisco, Oracle, Qwest, Brience and SAP America agree to serve on its Board of Directors.
February 8, 2001	KPMG Consulting launches initial public offering on NASDAQ (Symbol: KCIN). Cisco retains a 9.9 percent stake in the company. Former parent company KPMG LLP and its partners sell all of their holdings in KPMG Consulting. With this IPO, KPMG Consulting becomes the first completely independent public consulting company, with operations in 18 countries around the world.
2000
December 19, 2000	KPMG Consulting signs golfing great Phil Mickelson to wear the KPMG Consulting name on his visor while on tour.
January 31, 2000	Incorporated as KPMG Consulting, LLC.
1999
August 9, 1999	Announced investment of $1 Billion by Cisco Systems to Expand Global Internet Services for Service Provider & Enterprise Market.
1997
February 6, 1997	KPMG Consulting reorganized into a distinct operating unit of accounting and tax firm KPMG LLP.
1987
1987	Peat Marwick International merges with Klynveld Main Goerdeler to form KPMG.