Case Studies - JP Morgan Chase

JP Morgan ChaseJP MORGAN CHASE

CORPORATE MERGER PROJECTS
MULTIPLE LOCATIONS
15,000,000 RSF
2000 THROUGH 2002

PROJECT OVERVIEW:

The merger between JP Morgan and Chase Manhattan Bank spawned unprecedented relocation activity for any single firm in the history of New York City.  Meehan was awarded this contract, following a thorough internal due-diligence process, which resulted in Meehan being evaluated as the most qualified relocation consulting firm to be engaged for this massive mega-merger endeavor.

In 2000 through 2002 we provided JP Morgan Chase with eighteen full time on-site project managers within the Tri-State area, and two people assigned in Columbus, Ohio.  

In 2001, we managed the migrations for approximately fourteen thousand staff members locally, approximately three thousand staff in Columbus and various branch relocations.  

In 2002 we managed the relocations of approximately sixteen thousand staff members in NYC alone.

Meehan managed all day-to-day moving activity during this period, as well as multiple merger and non-merger related project activities.  Meehan created new systems for the bank, which included the development of a centralized coordination process, which captured and streamlined every detail of a move – from beginning to end – to include the development of a consolidated vendor auditing process.  Our process was subsequently audited, and was proven to be the most effective auditing process within the Facilities Department.  Again, Meehan Relocation Management Software™ proved to be a critical tool in having this Facilities Department meet compliance and auditing procedures – to include identifying and preempting millions of dollars of erroneous vendor invoice processing.