The Boston Consulting Group Elects Rich Lesser as Its Next CEO

Vienna/BOSTON (OTS) - The Boston Consulting Group, one of the
world's leading management consulting firms, announced today that
Richard I. Lesser has been elected its next President and Chief
Executive Officer, effective January 1, 2013. Lesser, 49, is
currently BCG's Chairman of North and South America, based in New
York.

Lesser will succeed Hans-Paul Bürkner, 59, who will become
Chairman next year after completing nine years as President and CEO.
Under Bürkner's leadership, the firm has nearly tripled its revenues
to $3.55 billion and nearly doubled its staff to 8,400. It has opened
17 new offices worldwide and established itself as a full-service
management consultancy with global reach.

"BCG has been steadily gaining share on its competitors and is
extremely well positioned to continue its growth trajectory," said
Bürkner, who as CEO is based in Frankfurt and New York. "I have
absolutely no doubt that with his inspiring leadership, Rich will
bring many new ideas and take BCG to the next level."

When German-born Bürkner, a Rhodes Scholar and former global
leader of the firm's Financial Institutions practice, took the reins
in 2004, he became BCG's first non-U.S.-born CEO. In 2003, the year
of his election, Consulting magazine ranked him the industry's
number-one most influential consultant.

Lesser comes to the job with his own impressive credentials.
Before being named regional chairman for the Americas in 2009, he had
served as head of the New York Metro office system since 2000 and on
the firm's Executive Committee since 2006. His client work has
focused on innovation, strategy, and large-scale transformation in
the health care and consumer sectors. 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.
He is married with three children.

BCG's partner group, numbering more than 700, elected Lesser in a
multiround selection process that is unusually democratic. Unlike the
process at the firm's main competitors, each BCG partner, regardless
of seniority, has one vote in the CEO election, as well as in other
major management decisions. It is a reflection of BCG's
collaborative, nonhierarchical culture.

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.

Lesser will be taking over as BCG prepares to celebrate its 50th
anniversary next year. "He will face a challenging economic climate
but also many new opportunities stemming from the firm's geographic
expansion, breadth of industry knowledge, and depth of functional
expertise", said Antonella Mei-Pochtler, a BCG Senior partner and a
member of BCG's global Executive Committee. BCG differentiates itself
through its highly customized and innovative solutions, mobilization
of the client organization at all levels, and development of client
capabilities.

"I am honored and humbled to be elected as BCG's next CEO," said
Lesser. "Hans-Paul Bürkner has created a superb platform on which to
build. Working with him and the rest of the partner group, I look
forward to broadening and deepening our expertise, strengthening our
client relationships globally, and expanding opportunities for our
people-all the while maintaining our unique culture, heritage of
thought leadership, and stellar reputation as a best place to work."

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 77 offices in 42 countries. For more
information, please visit www.bcg.com.

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Rückfragehinweis:
Katharina Sacken, Marketing Manager
THE BOSTON CONSULTING GROUP
Telefon: +43 (0)1 53756 8163
Mobile: +43 (0)676 5797311
mailto:[email protected]

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