"As I reflect on nearly 21 years with the Company, I'm immensely proud of CEB's growth and the outsized impact we've delivered since I joined," said Mr. Monahan. "I'm grateful for the Board's support in all that we've accomplished and I firmly believe it's the right time for me to think about the next chapter in my career. We've built an incredible team and a strong, global business. I'm looking forward to partnering closely with my Board colleagues during this transition, and to working with our teams to ensure we not only meet our strategic and financial commitments for 2016, but set ourselves up for a strong 2017 and beyond."
Daniel Leemon, lead independent director of CEB's Board, added: "Tom has been an inspirational and innovative leader, and he and his team have consistently delivered industry-leading growth in revenue and profit. As a Board, we've enjoyed a terrific working relationship with Tom. We'll miss him, and we're pleased he will work with us on a smooth transition. We have a great leadership team in place, and a robust succession planning process which now moves to the next phase. We wish Tom the very best in whatever challenge he decides to tackle next."
CEB is a best practice insight and technology company. In partnership with leading organizations around the globe, we develop innovative solutions to drive corporate performance. CEB equips leaders at more than 10,000 companies with the intelligence to effectively manage talent, customers, and operations. CEB is a trusted partner to nearly 90% of the Fortune 500 and FTSE 100, and more than 70% of the Dow Jones Asian Titans. More at cebglobal.com.
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