CEG&Y Appoints Director of Supply Chain

Taps Paul Matthews to lead its supply chain for North America

New York — March 13, 2003 — Cap Gemini Ernst & Young U.S. LLC (CGE&Y), a management and IT consultancy, this week announced that it has named Paul Matthews director of supply chain for North America.

Based in Newton, Mass., Matthews will be responsible for managing the U.S., Mexico and Canada supply chain practice. With more than 2,000 global practitioners, the supply chain practice provides services ranging from supply chain strategy and architecture development, business and technology integration, to process and technology outsourcing.

According to CGE&Y, Matthews brings with him extensive experience in manufacturing, supply chain, procurement and operations management with leading companies. He is joining CGE&Y from ICG Commerce where he served as president of its European operations. While serving in that position, he was responsible for the growth of the European Procurement Services Business and oversaw two significant acquisitions.

In addition, he founded and served as president of the Outsourcing Business Unit, which grew to represent over 35 percent of the companyÕs global revenue.

Earlier in his career, Matthews was a managing partner in the Supply Chain Management practice at Accenture, a role that included responsibility for the global Procurement Practice and the Manufacturing Strategy for North America. Prior, he was director of manufacturing and supply chain for Bain & Co. While living in Russia, Poland and Slovakia, Matthews worked with the European Bank for reconstruction and development (EBRD) and the World Bank in several industrial privatization projects.

Greg Cudahy, Americas consulting services leader, CGE&Y, said that, given the global economy, sourcing and the supply chain have become even more important to the way Fortune 1000 companies conduct business. He added that the addition of Matthews reflects the consultancyÕs commitment to helping companies leverage technology to create more efficient supply chain and procurement processes.

ÒI am excited to join an organization that is dedicated to helping their clients create strategies to succeed in a volatile economy,Ó said Matthews. He explained that under his leadership, the supply chain practice would continue to develop new methods to harness the role of logistics, procurement and sourcing in creating more efficient organizations.

Matthews holds an M.S. in Industrial Management and Metallurgy and a B.S. in Industrial Engineering from The Chelmer Institute in the UK. He most recently served on the Board of Directors for Buying Team, in the UK. Matthews is also the winner of several awards in engineering product design and innovation and the author of more than 30 articles on procurement and supply chain.