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Chelsea: from teen to corporate dream
By George Trefgarne and David Rennie in London and Washington
February 21 2003
The remarkable transformation of Chelsea Clinton from a shy, gawky
adolescent into a poised woman of the world seems about to be
completed with a job offer from one of the world's most elite companies.
The daughter of the former United States president Bill Clinton has
attended interviews at the London offices of McKinsey, the management
consultancy firm, before a likely posting to New York on a salary of
$A107,000.
Ms Clinton, who turns 23 next week, is studying a master's degree in
international relations at University College, Oxford, which she began after
taking a first in history at Stanford in California.
Recently the gossip columns have barely been able to keep up with her
social appearances, mixing high culture and charity fundraising with an
unabashed fondness for a good night out.
An only child, Ms Clinton was 12 when she moved to the White House,
leaving the sleepy atmosphere of Little Rock, Arkansas, for the constant
scrutiny and oppressive security of Washington.
For all their desire to maintain her privacy, her parents took every
opportunity to expose their daughter to
new cultures and experiences and she was her father's official escort on
presidential trips to Africa and India.
If she accepts McKinsey's offer she will join a company that ranks the
former conservative leader William Hague and many other pillars of the
British and American establishment among its former employees.
She would also benefit from one of the best graduate recruitment
packages around, with bonuses that could double her annual earnings.
However, the firm is legendary for the demands it makes of its employees
and she would be expected to work long hours and travel extensively.
Hiring her would be a coup for McKinsey, which has suffered heavily from
the fallout that followed the end of the internet bubble and its
relationship with Enron, the bankrupt US energy company.
However, it still prides itself on being able to open the doors of the most
powerful people in the world. One source close to the company said:
"McKinsey is more like a club than a company. Even the language they use
is deliberately collegiate.
A project is called a study and an outside meeting a retreat."
Ms Clinton has yet to sign up, but those who work there believe it is a
near certainty. One said: "McKinsey is regarded by a lot of people as a
good place to start wherever you end up in your career, whether it be
chief executive or leader of the Tory party."
A McKinsey spokesman said: "All applications are treated with complete
confidentiality."
A spokesman at Mr Clinton's New York office would only remark: "She is a
private citizen."
The Telegraph, London
This story was found at:
http://www.smh.com.au/articles/2003/02/20/1045638424576.html
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