Data Gumbo Appoints McKinsey Alumnus as New Board Chairman

HOUSTON–(BUSINESS WIRE)–Data Gumbo, the trusted industrial blockchain network, today announced that Richard Dobbs, 30-year veteran of McKinsey and former Director of the McKinsey Global Institute (MGI), has joined the board as chairman.

“Dobbs is a recognized strategic industry thinker,” said Andrew Bruce, CEO, Data Gumbo. “His distinct expertise will lend structure, support and validation to Data Gumbo as we experience aggressive company growth.”

Dobbs worked for the global management consulting firm, McKinsey for nearly 30 years, including 20 years as a partner, of which 14 years was as senior partner. At McKinsey, he was based in London, South Korea and India and served clients around the world in a variety of industries, ranging from high tech, retail and financial services to petroleum, utilities and the public sector. Work included M&A, organization and strategy.

At McKinsey he was also a director of the McKinsey Global Institute where he led MGI research on technology, urbanization, the rise of the emerging markets consumer class, global capital supply and demand, corporate profitability, natural resources, and the global labor market. Under his leadership, MGI became ranked as the “best for-profit” think-tank globally. He was a co-author of No Ordinary Disruption and also Value: the four cornerstones of corporate finance. and has authored numerous articles in The Financial Times and The Wall Street Journal.

“I’m thrilled to be joining the board as chairman,” said Dobbs. “In today’s market, transactional certainty is critical and expected, and Data Gumbo is uniquely positioned to meet the tremendous opportunity to drive cutting-edge innovation and digital transformation. Customer feedback is that companies using Data Gumbo expect to realize up to 10 times a return on investment.”

Dobbs comes to Data Gumbo after completing a double gap year sailing over 20,000 miles. Before joining McKinsey, Dobbs obtained a first-class degree and won the Metal Box and Lubbock Prizes at Oxford University. He was sponsored by Shell UK during his studies and worked for Shell’s North Sea exploration and production business. He was a Fulbright scholar at Stanford Business School and graduated from this course as an Arjay Miller scholar and won the Robichek Award for Finance.

About Data Gumbo Corporation

Data Gumbo provides transactional certainty for tomorrow’s industrial leaders through GumboNet™, a massively interconnected industrial blockchain network. With integrated real-time capabilities that power smart contracts, our network reduces contract leakage, frees up working capital, enables real-time cash and financial management and delivers provenance with unprecedented speed, accuracy, visibility and transparency. Headquartered in Houston, Texas, Data Gumbo has a subsidiary office in Stavanger, Norway. For more information, visit www.datagumbo.com or follow on LinkedIn, @DataGumbo and Facebook.