2005 Post 200
Corporate Executive Board Co.
2000 Pennsylvania Ave. NW
Washington, D.C. 20006
www.executiveboard.com
Industry: Consulting/professional services
Post 200 Category: Top 125 Companies
Revenue: $280.72 Million
Net Income/Loss: $53.66 Million
Earnings per share: $1.34
Dividend: $0.30
Stockholder equity: $327.46 Million
Auditor: Ernst & Young LLP
Stock: EXBD
Assets: $578.45 Million
Market capitalization: $2.59 Billion
52-week high: 69.48 11/18/2004
52-week low: 48.58 4/29/2004
Chairman and CEO: James J. McGonigle
CFO: Timothy R. Yost
Employees: 1449
Local employees: 1237
Description: Corporate Executive Board hosts and manages networks that executives join to share problems and take advantage of research by the company. The networks, for which the company charges annual membership fees, allow executives with similar functions—human resources managers, for example—to come together to learn best practices and examine issues and trends.
Developments: The reporting requirements of the Sarbanes-Oxley law on corporate governance, the resurgence of mergers and acquisitions, the challenge of engaging an increasingly disaffected workforce, opportunities and threats in China — the list of corporate concerns has never been longer, said Derek van Bever, the company's chief research officer. Those are the types of problems that Corporate Executive Board addresses. The company, which went public in 1999, expects continued growth in 2005, with a projected revenue increase of 25 percent and an additional 300 staff members. More than 80 percent of Fortune 500 companies subscribe to one or more of the company's research programs, van Bever said. With an average membership fee of $36,000, the company's profit grew 50.3 percent to $53.7 million, from $35.7 million the previous year. Four new programs were launched in 2004 that serve tax directors, heads of corporate communications, customer contact center executives, and chief compliance and ethics officers. Thomas L. Monahan will become chief executive July 1, and James J. McGonigle, currently chairman and chief executive, will remain as executive chairman. Monahan worked for Corporate Executive Board for nine years, most recently as general manager of the company's largest operating division. He is also on the board of directors.
Executive Compensation
CEO: James J. McGonigle
Total Cash: $1,150,000.00
Total Compensation: $3,904,034.00