Buck Consultants

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Buck Consultants
Industry Professional services
Fate Division of Conduent
Successor Conduent HR Services
Founded 1916
Defunct December 31, 2016 (2016-12-31)
Headquarters New York City, United States
Area served
Worldwide
Products Human resource consulting and outsourcing
Number of employees
1,500

Buck Consultants was a global HR benefits and human resource consulting firm. Today it is Conduent HR Services, a division of Conduent.

History[edit]

Founded as an actuarial firm in New York City in 1916 by George B. Buck Sr.,[1] in 2016 the firm had more than 1,500 employees and affiliates in nearly 200 global locations.

Buck remained an independent organization until 1997 when it was acquired by Mellon Financial.[2] The Buck Consultants brand name was scrapped in late 2003 when Mellon unified various business lines under the name Mellon Human Resource & Investor Solutions.[3] Affiliated Computer Services (ACS) acquired Mellon's human resource businesses in 2005[4] and reintroduced the Buck Consultants brand. In 2010, Xerox acquired ACS for $6.4 billion. Buck Consultants was later rebranded as "Buck Consultants at Xerox".[5]

At the beginning of 2017, Conduent was spun off from Xerox. Buck Consultants, which was one of the businesses spun off, is now known as Conduent HR Services.[6]

References[edit]

  1. ^ "About Buck History". Buck Consultants. Archived from the original on January 17, 2012. Retrieved April 13, 2017. 
  2. ^ Massey, Steve (December 31, 1996). "Mellon Buys Buck Consultants". Pittsburgh Post-Gazette. Retrieved April 13, 2017. 
  3. ^ Avery, Helen (October 2, 2003). "Buck Consultants change name in Mellon rebranding". Investment & Pensions Europe. Retrieved April 13, 2017. 
  4. ^ "ACS Acquires Mellon HR&IS" (Press release). Mellon. March 25, 2005. Retrieved April 13, 2017. 
  5. ^ Dunning, Matt (July 15, 2014). "Buck Consultants renames to reflect Xerox brand unity". Business Insurance. Retrieved April 13, 2017. 
  6. ^ Paterson, Jennifer (January 4, 2017). "Xerox splits off HR business, Buck Consultants becomes Conduent". Benefits Canada. Retrieved April 13, 2017. 

External links[edit]