Consistent with our programs, our team
represents multiple fields of discipline.

   AEI Principals: 

    Paul Wieand, Founder 

    M. McDermott, Principal

Michael McDermott, Principal

Michael McDermott spent 20 years working in Investment Banking and then left in 2005 to found his own company, 2|M Consulting. Over the course of his career in Investment Banking, Michael has held a number of different positions. He began his career in Fixed Income Sales at J.P. Morgan where he covered clients such as Met Life, T. Rowe Price, Paine Webber, Dreyfus and University of Texas. This was a period of significant growth for JP Morgan as they regained underwriting powers in all securities. After 7 years Michael moved from the sales side to training and development and became the training manager and an instructor for the Global Financial Markets Program, the flagship program at J.P. Morgan. After a 2 year move to Asia as the Co-Head of Leadership and Organizational Development, Michael was asked to move back into the business to help start a new service offering in the Private Client business in Tokyo and then in the US.

With a desire to move back into the development side, Michael accepted an offer from Goldman Sachs and became their Global Head of Learning and Professional Development. In this role he created an integrated core curriculum of leadership, culture and professional skills programs that provided end-to-end development for officers of the firm. Michael also developed programs for Strategic Vision Setting and Team Effectiveness. It was at Goldman Sachs where Michael met and worked with Steve Kerr and learned the GE model of leadership development.

Michael was recruited by Merrill Lynch to become Chief Learning Officer for the firm and Global Head of Development for the Global Markets Business. This was an opportunity to develop an integrated development system from the top down. A Leadership Model was developed and integrated into a Leadership Program, the talent review process and performance management process for the top 200.

It was this work with the top teams at Merrill that led Michael to found his own business. Here he could specifically target the work and clients he felt best able to serve and spend more of his time coaching and consulting with individuals and teams on leadership and culture and the critical role these play in organizational efficiency and effectiveness. Michael's work experience in companies undergoing massive change has provided numerous examples of what works and doesn't work with regard to leadership and culture and the role of coaching in developing leaders. With his grounding in the business side he brings practicality and applicability to his coaching and consulting. Michael currently coaches a number of individuals with goals ranging from performance and development improvement to transformational shifts in mindset. He is also working with clients developing, facilitating and instructing leadership programs for top talent. Michael has worked with UBS, SAC, McKinsey, Generon, Spring Lake Ranch, Bear Stearns, Cornell Medical Center, JPM, GS, ML, BlackRock as well as individuals from other Fortune 500 companies.

Michael is a graduate of the Georgetown Leadership Coaching Program. Michael has facilitated and designed corporate retreats. He is an instructor with the Global Leaders Academy, a Learning Circle Founder with the Nalanda Institute and a member of the Edge of Emergence for sustainable leadership. Michael lives in Connecticut with his wife and their three sons.

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