Welcome!

News Feed Item

The Boston Consulting Group Names Rich Lesser New President and CEO

Former Chairman, Americas, Takes Over as the Firm Celebrates Its Fiftieth Anniversary

BOSTON, MA -- (Marketwire) -- 01/09/13 -- The Boston Consulting Group, one of the world's leading management consulting firms, is pleased to announce Richard I. Lesser as its new President and Chief Executive Officer, effective January 1. Elected to the roles in May 2012, Lesser takes the helm as BCG embarks on its fiftieth year of operation. He lives in New York and will also have an office in Beijing.

In describing his vision for the firm, Lesser said that BCG, true to its heritage, will work to shape the future of business and society. "Creating sustainable advantage and lasting impact for our clients lies at the heart of our mission," he said. "Our global footprint in over 40 countries and broad capabilities to drive insight and fundamental change enable us to help leaders solve the full breadth of their most challenging problems. But our mission goes beyond that. We will continue supporting our local communities and partnering with leading global nonprofits to address some of the world's most pressing social issues -- such as health, education, food security, and sustainability."

Several factors will drive BCG's growth, Lesser explained: "Serving many of our clients globally has been critical to our success, and we see great opportunity to deepen those relationships -- and forge new ones -- across both developed and developing markets. Volatility, uncertainty, and accelerating change are creating challenges but also tremendous opportunities. BCG will grow strongly by building our capabilities and helping leaders navigate turbulent environments everywhere."

Lesser recently became one of LinkedIn's Influencers -- an exclusive group of thought leaders from around the world who are sharing their expertise and ideas on issues impacting the professional community. His first post will be launched ahead of his participation at the World Economic Forum annual meeting in Davos later this month.

To commemorate its fiftieth anniversary, BCG is launching a year-long program to celebrate its leadership in the consulting industry and to renew its pledge to help clients build lasting competitive advantage. The aim of the program is to engage leaders on the requirements for success in a world of accelerating change and to recognize those who are "changing the game."

Lesser succeeds Hans-Paul Bürkner, who will become Chairman after serving nine years as President and CEO. Bürkner presided over a highly successful growth period for the firm, during which BCG nearly tripled its revenues.

"Rich's passion and proven commitment to our clients and to building BCG's capabilities will be critical to the firm's continued growth and its role as a catalyst for change," said Bürkner, who was based in Frankfurt and New York as CEO.

Lesser has been on the firm's Executive Committee since 2006 and served as BCG's Chairman of North and South America since 2009. Before that, he was head of the New York office beginning in 2000. His client work has focused on a range of issues in the health care and consumer sectors, including innovation, strategy, and large-scale transformation. In 2009, Consulting magazine named him one of the industry's most influential consultants.

Prior to joining BCG in 1988, Lesser worked in product development at Procter & Gamble. He earned an MBA with high distinction from Harvard Business School, where he was a Baker Scholar, and a BSE in chemical engineering, summa cum laude, from the University of Michigan. A native of Pittsburgh, he is married with three children.

BCG's partner group, numbering nearly 800, selected Lesser in an election process that concluded last May. He is the firm's sixth CEO.

BCG was founded in 1963 by the late Bruce Henderson, who led the firm until 1980, when he became Chairman of the Board and was succeeded by Alan Zakon. Zakon was followed by John Clarkeson, who was CEO from 1986 to 1997 and later Chairman, and then by Carl Stern, who was CEO from 1998 to 2003 and later Chairman.

For more information, please contact Alexandra Corriveau at +1 212 446 3261 or [email protected].

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 78 offices in 43 countries. For more information, please visit bcg.com.

About bcgperspectives.com
Bcgperspectives.com is a new website -- available on PC, mobile phone, and iPad -- that 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 almost 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 via PC, mobile, iPad, Facebook, Twitter, and LinkedIn.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
Automation is enabling enterprises to design, deploy, and manage more complex, hybrid cloud environments. Yet the people who manage these environments must be trained in and understanding these environments better than ever before. A new era of analytics and cognitive computing is adding intelligence, but also more complexity, to these cloud environments. How smart is your cloud? How smart should it be? In this power panel at 20th Cloud Expo, moderated by Conference Chair Roger Strukhoff, paneli...
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...
SYS-CON Events announced today that TMC has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo and Big Data at Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Global buyers rely on TMC’s content-driven marketplaces to make purchase decisions and navigate markets. Learn how we can help you reach your marketing goals.
Managing mission-critical SAP systems and landscapes has never been easy. Add public cloud with its myriad of powerful cloud native services and this may not change any time soon. Public cloud offers exciting new possibilities for enterprise workloads. But to make use of these possibilities and capabilities, IT teams need to re-think everything they have done before. Otherwise, they will just end up using public cloud as a hosting platform for their workloads, aka known as “lift and shift.”
Cloud promises the agility required by today’s digital businesses. As organizations adopt cloud based infrastructures and services, their IT resources become increasingly dynamic and hybrid in nature. Managing these require modern IT operations and tools. In his session at 20th Cloud Expo, Raj Sundaram, Senior Principal Product Manager at CA Technologies, will discuss how to modernize your IT operations in order to proactively manage your hybrid cloud and IT environments. He will be sharing bes...
Cloud applications are seeing a deluge of requests to support the exploding advanced analytics market. “Open analytics” is the emerging strategy to deliver that data through an open data access layer, in the cloud, to be directly consumed by external analytics tools and popular programming languages. An increasing number of data engineers and data scientists use a variety of platforms and advanced analytics languages such as SAS, R, Python and Java, as well as frameworks such as Hadoop and Spark...
SYS-CON Events announced today that TechTarget has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. TechTarget storage websites are the best online information resource for news, tips and expert advice for the storage, backup and disaster recovery markets.
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
SYS-CON Events announced today that Ayehu will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on October 31 - November 2, 2017 at the Santa Clara Convention Center in Santa Clara California. Ayehu provides IT Process Automation & Orchestration solutions for IT and Security professionals to identify and resolve critical incidents and enable rapid containment, eradication, and recovery from cyber security breaches. Ayehu provides customers greater control over IT infras...
SYS-CON Events announced today that Silicon India has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Published in Silicon Valley, Silicon India magazine is the premiere platform for CIOs to discuss their innovative enterprise solutions and allows IT vendors to learn about new solutions that can help grow their business.
Artificial intelligence, machine learning, neural networks. We’re in the midst of a wave of excitement around AI such as hasn’t been seen for a few decades. But those previous periods of inflated expectations led to troughs of disappointment. Will this time be different? Most likely. Applications of AI such as predictive analytics are already decreasing costs and improving reliability of industrial machinery. Furthermore, the funding and research going into AI now comes from a wide range of com...
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex software systems for startups and enterprises. Since 2009 it has grown from a small group of passionate engineers and business...
SYS-CON Events announced today that Conference Guru has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organi...