Press Release

<<Back
The Corporate Executive Board Announces New European Leadership

WASHINGTON--(BUSINESS WIRE)--April 19, 2004--The Corporate Executive Board Company (CEB) (Nasdaq/NM:EXBD) announced today that Eric Beinhocker, a former partner at McKinsey & Company and a Senior Advisor to McKinsey's Global Strategy Practice, has joined the company as Executive Director of Europe. Mr. Beinhocker will join the Executive Committee of the CEB and assume management of all European operations. In addition, Mr. Beinhocker will play a key thought leadership role in the Strategy and Research & Development Practice, which serves the heads of strategy and planning and research and development at leading corporations worldwide. Jay McGonigle, CEO of the Corporate Executive Board, commented, "We are very excited to have Eric join CEB. He brings a wonderful mix of strategic insight into the major drivers of corporate performance, deep experience with major European companies, and a track record of people and business development. This combination makes him a natural leader of our efforts to grow the CEB in Europe."

While at McKinsey & Company, Mr. Beinhocker worked on projects for leading European companies on issues ranging from M&A to strategy development. He was a leader of McKinsey's Global Strategy Practice and is a recognized authority on strategy, economics and complex adaptive systems theory. Mr. Beinhocker is the author of numerous articles, several Harvard Business School case studies, and is completing a book titled "The Origin of Wealth: How Evolution Creates Novelty, Knowledge and Growth in the Economy," forthcoming from Harvard Business School Press and Random House in early 2005.

Prior to McKinsey, Mr. Beinhocker was a venture capitalist with Summit Partners, where he served on the boards of directors of several technology companies, and was a co-founder and CEO of a start-up software company, Fulcrum Technologies, Inc.

The Corporate Executive Board is a leading provider of business research and analysis to over 2,100 of the world's most prestigious companies, including 75% of the Fortune 500, and 60% of the FTSE Eurotop 100. CEB's services include best practices research studies, executive education seminars, customized research briefs and web-based access to a library of over 225,000 corporate best practices. CEB offers programs on an annual subscription basis to CFOs, CIOs, heads of strategy, heads of human resources, and other senior executives. CEB's European headquarters is located in London.


    CONTACT: The Corporate Executive Board Company, Washington
             Timothy R. Yost, 202-777-5455
             heroldl@executiveboard.com
             www.executiveboard.com

    SOURCE: The Corporate Executive Board Company