Michael Silverstein will begin working for The Carlyle Group next month as an operating executive consultant with the private equity firm’s global consumer and retail group.
Silverstein begins on Jan. 2. He is slated to retire at year-end as senior partner and managing director at the Boston Consulting Group. His expertise is in consumer packaged goods and retail.
At Carlyle, Silverstein will provide strategic guidance to Carlyle professionals throughout the investment process, which includes advising on management, operational, branding and growth strategies.
Jay Sammons, Carlyle’s managing director and head of the global consumer and retail group, said: “Michael is a thought leader whose industry relationships, deep experience and thoughtful perspective will be enormously helpful to Carlyle.”
Silverstein said, “I look forward to working with Jay and his team, leveraging my experience to help businesses grow, understand consumer needs and dissatisfactions, respond to shifts in markets and innovate.”
Silverstein joined BCG in 1980. He has extensively studied the buying behavior of women, emerging market consumers and Millennials. He is also the author of five books on consumers.