Corporate Executive Board
From Wikipedia, the free encyclopedia
| Corporate Executive Board | |
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| Type | Public (NASDAQ: EXBD) |
|---|---|
| Founded | Washington, DC (1979) |
| Headquarters |  Washington, District of Columbia, USA |
| Key people | Thomas L. Monahan, III, CEO James J. McGonigle, Chairman of the Board Michael A. Archer, President, Marketing and International Derek C. M. van Bever, Chief Research Officer Timothy R. Yost, Chief Financial Officer Matthew Olson |
| Industry | best practice research and consulting |
| Revenue | US$410 million  (TTM 1Q2006)[1] |
| Operating income | US$19.6 million (TTM 1Q2006) [1] |
| Net income | US$75.8 million (TTM 1Q2006) [1] |
| Website | Executiveboard.com |
The Corporate Executive Board Company (CEB) is a commercial, for-profit, public firm that provides general best practices research, executive education, and decision support tools to organizations.
CEB has 42 specialized programs, each geared toward a specific corporate function. The programs are distributed across 9 larger practice areas, called franchises. The franchises roughly correspond to the seats of the executive table; for example, Finance, HR, Marketing, R&D, and Legal. CEB's members pay an annual subscription in exchange for access to CEB's reports, rights to request research on new topics, and possible attendance at an annual meeting with other member companies.
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[edit] History
The company was founded in 1979 as the Research Council of Washington[1]. In 1997, the Corporate Executive Board was spun off from the Advisory Board Company[2].
In 2004, CEB employed more than 1,200 staff members spread out across four offices - Washington, DC, London, Gurgaon (New Delhi) and Tokyo. As of the summer of 2006, CEB had grown to over 2000 employees worldwide.
In 2006, CEB expanded its business to include middle market companies. Previously focusing on companies with revenues above $750 million, the new Middle Market franchise focuses on companies with smaller revenues.
In March 2007, CEB will be open its first domestic offices outside of Washington, DC with new offices in San Francisco and Chicago. Future expansion markets for CEB include Paris, France and Germany, probably Frankfurt.
[edit] References
- Clabaugh, Jeff: Corporate Executive Board signs up for Rosslyn's Waterview, Washington Business Journal, Oct. 26, 2004.
- Corporate Executive Board
- Corporate Executive Board Profile, Yahoo Finance.
- Frequently Asked Questions, How We Create Value, Corporate Executive Board.
- McCarthy, Ellen: Filling a 'Huge Hole' in Business Consulting, The Washington Post, July 19, 2004.
- Forbes Special Report: America's 200 Best Small Companies, 2006[3]
[edit] Community Contributions
In 2006, CEB was named a Top Corporate Philanthropist by the Washington Business Journal and ranked no. 9 on its annual list of area companies. CEB’s service branch, CEB ServiceCorps, promotes and facilitates service opportunities for teams, individuals, and the firm as a whole and is integral to the culture at CEB. All CEB employees are allowed to use 40 hours of daytime leave per year for service-related activities and can also earn extra days of vacation by reaching milestones on hours of service.
