Impact & Expertise

Press Releases

  • January 09, 2013
  • The Boston Consulting Group Names Rich Lesser New President and CEO

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

BOSTON, January 9, 2013—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 corriveau.alexandra@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.

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.

Recent Releases

  • October 28, 2014 Tech and Telecom Firms Regain Lost Ground in Ranking of the World’s 50 Most Innovative Companies view full release
  • October 23, 2014 U.S. Executives Remain Bullish on American Manufacturing, Study Finds view full release
  • October 16, 2014 Telco IT Investments Continue to Rise as Outsourcing Tops One-Quarter of Total IT Spending view full release
  • October 13, 2014 Companies Must Unite the Employer, Corporate, and Product Experience into One Brand view full release
  • October 09, 2014 New BCG e-Book Explores the Rise of Shale Gas Through Multiple Lenses view full release
  • October 07, 2014 The Majority of Companies Are Bullish About the Prospects for ASEAN Economic Integration view full release
  • October 06, 2014 Nearly Two-Thirds of Workers Globally Say They Would Take Job Abroad, Study Finds view full release
  • September 25, 2014 Innovation Is the Key to Success in China’s Banking Industry view full release
  • September 25, 2014 Germany's Power-Sector Transformation Could Trigger the End of Market Liberalization, Both in Germany and Beyond view full release
  • September 22, 2014 Capital Markets Reward Divestitures with Higher Valuations view full release

Accelerating Out of the Great Recession

Accelerating Out of the Great RecessionThis book details what high-performing companies must do to seize advantage in a slow-growth environment. more

BCG Offices

Globe BCG has more than 80 offices around the world. Learn about our global presence.
Go

Social Impact

We are compelled to utilize our expertise to work with humanitarian organizations that impact local communities and the world at large. More