The Boston Consulting Group Names Rich Lesser New President and CEO

Wed Jan 9, 2013 12:01am EST

* Reuters is not responsible for the content in this press release.

BOSTON, MA, Jan 09 (Marketwire) -- 
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 Buerkner, who will become Chairman after
serving nine years as President and CEO. Buerkner 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 Buerkner, 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 corriveau.alexandra@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 78
offices in 43 countries. For more information, please visit bcg.com.

    About bcgperspectives.com
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The Boston Consulting Group
Alexandra Corriveau
Media Relations Manager
Tel +1 212 446 3261
Fax +1 212 446 2801
corriveau.alexandra@bcg.com 

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