Tom Manning

Affiliate Partner

 

Tom is a global operating executive with extensive experience developing, leading and directing technology-based businesses. Located in Asia for seventeen years prior to returning to Chicago in 2012, he brings a unique perspective to Waterstone clients across a wide range of issues that include corporate strategy, business model design, and growth in emerging markets such as China.

Tom served as the CEO of Ernst & Young Consulting Asia Pacific and, following the merger between EY and Capgemini, as the CEO of Capgemini Asia Pacific, where he led the development of IT consulting and outsourcing businesses across Asia.  He subsequently became the Global Managing Director of the Strategy & Technology Business of Capgemini and rejuvenated the business around the concept of “the adaptive enterprise,” which linked information to business strategy and forecast the future era of Big Data.  He was later a Partner and Director of Bain & Company, where he was a member of Bain’s China Board and head of Bain’s information technology strategy practice in the Silicon Valley and Asia.  He subsequently established Indachin Limited, an incubator based in Hong Kong, which developed early-stage information-based companies in China and India.  Most recently, as CEO of Cerberus Asia Operations & Advisory Limited, a subsidiary of Cerberus Capital Management, he led the firm’s effort to establish relationships with Chinese companies and Chinese sovereign funds.

During the past decade, Tom served on the boards of directors of seven public and six private companies in China, India, and the US, primarily in the technology and IT sectors.  He currently serves as a director of Dun & Bradstreet (NYSE), the global leader in corporate information; CommScope (Nasdaq), a leading manufacturer of telecommunications equipment; and, Clear Media Limited (HKSE), a leading outdoor media company in China.  In the past, he also served as a director of Gome Electrical Appliances Company, the largest retailer in China (HKSE) at the time; Bank of Communications, the fifth-largest bank in China (HKSE and Shanghai SE); AsiaInfo-Linkage, Inc., (Nasdaq) a leading telecommunications industry software and services company in China; iSoftStone (NYSE), a leading software and IT services company in China; and Alo7, a pioneer in online English language educational games for children.

Early in his career, Mr. Manning was with McKinsey & Company, where he developed a corporate strategy practice for medical industry clients; Buddy Systems, Inc., a telemedicine company he founded and led; and, CSC Index, where he created a global retailing practice.  

Tom received a BA in East Asian Studies with Honors from Harvard University and an MBA from the Graduate School of Business of Stanford University.  He speaks Mandarin and divides his time between Beijing and Chicago.  In addition to working with corporate clients and serving on boards, Tom is a Lecturer in Law at the University of Chicago Law School, where he teaches corporate governance, private equity, US-China policy, and innovative solutions for business, law, and society.