Ran Farmer is a Senior Managing Director of Ankura Consulting Group. Since joining the firm in 2011 he has been involved in numerous class action litigation cases and the negotiation and administration of major settlements. Some of these cases have included settlements of class disputes involving alleged wrongful billing in the telecom and wireless industry, passenger redress compensation in the airline industry, and the NFL concussion case among others.
Prior to joining Ankura, Mr. Farmer was an investor and Managing Director of Netbiscuits, a German company with the leading platform for cloud-based mobile Internet application development and delivery. Mr. Farmer established the company’s U.S. operations, leading its expansion in the media and entertainment, publishing, ecommerce, travel, retail, advertising and enterprise sectors. Mr. Farmer grew the business to more than 50% of worldwide revenue, playing a key role in helping the company successfully raise over $40 million in private equity funding.
Mr. Farmer previously founded and managed technology companies involved in satellite data communications and electronic payment transaction processing. He established a satellite data communications company in Prague, Czech Republic, which was sold to GE Spacenet. He later founded a company providing payment transaction processing services and electronic prepaid mobile phone payments in the Baltic countries. Mr. Farmer successfully raised $2 million in venture capital funding and the company was later acquired by private investors.
From 1994 to 1998, Mr. Farmer was a Partner at Deloitte & Touche in the Management Consulting and Finance Practice for Central Europe based in Prague, Czech Republic. He was responsible for banking privatization and restructuring as well as financial and market due diligence for international investment transactions throughout Central Europe.
He was the advisor on sale transactions for the first three Internet Service Providers (ISPs) sold in Central Europe, including Czech On Line.
Mr. Farmer previously served as Country Manager for KPMG Peat Marwick in Central Europe from 1990 to 1994. He established the company’s offices in Prague, Czech Republic and Bratislava, Slovakia where he developed the banking and privatization and restructuring practices. Prior to his international assignments Mr. Farmer was a Senior Manager with KPMG Peat Marwick based in Washington, DC where he led numerous engagements involving economic, financial and market analysis.
Mr. Farmer began his career as a business strategy and financial consultant at Booz, Allen & Hamilton.
Mr. Farmer received a dual Master of Sciences Degree in Industrial Administration and Policy Analysis (MSIA/MPA) from Carnegie-Mellon University and a Bachelor of Sciences Degree in Economics from The Pennsylvania State University.