SOURCE: The Boston Consulting Group

The Boston Consulting Group

March 09, 2015 06:00 ET

The Boston Consulting Group Releases Strong 2014 Growth Numbers; Reelects CEO Rich Lesser

Richard l. Lesser to Begin Second Term as CEO in October as the Firm Reports 17 Percent Global Revenue Growth

BOSTON, MA--(Marketwired - Mar 9, 2015) - The Boston Consulting Group (BCG), one of the world's leading management consulting firms, announced today that Richard I. Lesser, 52, was reelected for a second three-year term as its President and Chief Executive Officer, effective October 1, 2015. Lesser's reelection comes on the heels of another strong year for BCG, which reported 17 percent global revenue growth and an 8 percent increase in workforce.

BCG's partner group, numbering more than 850, reelected Lesser in a democratic selection process. Each BCG partner, regardless of seniority, has one vote in the CEO election, as well as in other major management decisions. This is a reflection of BCG's collaborative, nonhierarchical culture.

"I am honored to continue as BCG's CEO and look forward to partnering with our clients around the world to implement highly customized, innovative solutions and support them as they strive to win in their respective fields," said Lesser. "Over the last three years, I've had the opportunity to work with many colleagues across the globe and I remain inspired by our intellectually diverse teams that are driving transformative change, challenging the status quo, delivering greater impact, and expanding the boundaries of what is possible."

Lesser's priorities for his second term include continuing the firm's relentless attention to value creation for clients, deepening its expertise and capabilities, and accelerating its talent agenda through a focus on diversity. In Lesser's first term, the firm opened five new offices worldwide and further established itself as a top global consultancy that challenges established thinking to deliver outstanding, lasting value.

BCG was founded in 1963 by the late Bruce Henderson and has been led by just six CEOs during that time. The firm recently extended its remarkable streak near the top of Fortune's 100 Best Companies to Work For list. Ranking number two this year, up from three last year, BCG has made the top five for five years in a row and is one of only two companies to make the top dozen every year since it began participating in 2006. With the addition of 800 staff to its global roster in 2014, the firm now employs over 10,500 people worldwide.

For further information, please contact Eric Gregoire at +1 617 850 3783 or gregoire.eric@bcg.com.

About The Boston Consulting Group
The Boston Consulting Group (BCG) is a global management consulting firm and the world's leading advisor on business strategy. We partner with clients from the private, public, and not-for-profit sectors in all regions to identify their highest-value opportunities, address their most critical challenges, and transform their enterprises. Our customized approach combines deep insight into the dynamics of companies and markets with close collaboration at all levels of the client organization. This ensures that our clients achieve sustainable competitive advantage, build more capable organizations, and secure lasting results. Founded in 1963, BCG is a private company with 81 offices in 45 countries. For more information, please visit bcg.com.

About bcgperspectives.com
Bcgperspectives.com features the latest thinking from BCG experts as well as from CEOs, academics, and other leaders. It covers issues at the top of senior management's agenda. It also provides unprecedented access to BCG's extensive archive of thought leadership stretching back 50 years to the days of Bruce Henderson, the firm's founder and one of the architects of modern management consulting. All of our content -- including videos, podcasts, commentaries, and reports -- can be accessed by PC, mobile, iPad, Facebook, Twitter and LinkedIn.

Contact Information

  • The Boston Consulting Group
    Eric Gregoire
    Global Media Relations Manager
    Tel +1 617 850 3783
    Fax +1 617 850 3701
    gregoire.eric@bcg.com