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| Type | Public (NASDAQ: EXBD) |
|---|---|
| Founded | Washington, D.C. (1983) |
| Headquarters | |
| Key people | Thomas L. Monahan, III, Chairman and CEO Melody Jones, Chief Human Resources Officer Richard Lindahl, Chief Financial Officer Steve Meyer, Chief Commercial Officer Jamie Bird, Chief Information Officer |
| 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] |
| Employees | 2,440[2] |
| Website | Executiveboard.com |
The Corporate Executive Board Company (CEB) (Nasdaq: EXBD) is a commercial, for-profit, public firm that provides best practices research and analysis to business executives and professionals worldwide. CEB offers benchmarking datasets, decision-support tools, research briefs, and case studies, as well as executive forums and peer networking opportunities. CEB serves more than 80% of Fortune 500 corporations in more than 50 countries.
CEB members pay an annual subscription to join a program(s) geared toward a specific corporate function. Practice areas include Finance and Strategy, Financial Services, Corporate Leadership, Government, Information Technology, Legal and Compliance, and Sales, Marketing, and Communications.
The company's stock reached a high of more than $100 before falling to the mid-$50s, which was attributed to insufficient sales staff.[3] It has since fallen into the $20s, partly as a result of the general economic slump.[4][5]
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The company was founded in 1979 as the Research Council of Washington by David G. Bradley[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. By 2010 the company has spread out across five + offices - Washington, DC, London, Gurgaon (New Delhi), Sydney, Toronto and Tokyo (not really an "office"). As of the summer of 2009, CEB has shrunk to about 1600 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 opened its first domestic offices outside of Washington, DC in San Francisco and Chicago. It has since opened an office in Sydney, Australia.
In July 2007, CEB acquired ITtoolbox, an online community of professionals who share practical information on IT topics.
In 2009, CEB acquired Toronto based Warrillow & Co.
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