Stern Stewart helps companies create value and wealth. Our distinguished record of success in corporate finance advisory evolves from our understanding of markets and the factors that affect share prices, bond yields and enterprise value. By challenging the conventional Wall Street practice and thereby identifying what really drives performance, value, and share price, we are able to help clients design and implement value-creating strategies, policies and transactions that produce real and reliable results. Having developed and pioneered Economic Value Added (EVA®) management practices and incentives, Stern Stewart offers corporate finance advice from a value perspective. Rather than relying on conventional accounting measures that often bear little relationship to shareholder value, Stern Stewart provides expert advice based upon the principles of business economics and corporate finance.

Founded in 1982 by Joel M. Stern and G. Bennett Stewart III, Stern Stewart has evolved into a firm of more than 100 professionals of highly distinguished backgrounds with a proven record of helping companies improve performance and valuation. Our principals pioneered the first managerial applications of major breakthroughs in modern corporate finance, and Stern Stewart remains the leader in applied corporate finance today.

Based in New York, Stern Stewart has offices in eight locations around the world.

Our clients include FORTUNE 500 and middle-market companies; public and private enterprises; domestic and foreign businesses; industrial, service, financial and utility companies, and government agencies and parastatal enterprises. We advise clients on:

• Value Based Strategy and Planning
• Business Portfolio Analysis and Valuation
• Valuation and Shareholder Expectations Analysis
• Business Restructuring and Operational Improvement
• Value Based Management
• Organizational Architecture and Value Based Management
• EVA Implementation Services
• Value Based Target Setting and Financial Planning
• Incentive Compensation (Cash and Equity based)
• Financial Strategy
• Capital Structure, Cost of Capital and Valuation
• Recapitalization Strategy and Cash Distribution Policy
• Management Education and Training
• Financial Literacy
• EVA Training
• Internal and External Communications Programs