The Corporate Executive Board Company
Encyclopedia
The Corporate Executive Board Company (CEB) is a for-profit, publicly-traded 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 one or more programs geared toward the needs of executives fulfilling specific functions (e.g., CFO, legal counsel, IT director, director of marketing, head of HR, etc.). Individual programs are grouped into practice areas, which include Finance and Strategy, Financial Services, Corporate Leadership, Government, Information Technology, Corporate Integrity, and Sales, Marketing, and Communications. Research topics for individual programs are chosen on a consensus basis by the member executives and CEB research staff for a given program.

Corporate Executive Board is not related to the not-for-profit Conference Board, with which it is sometimes confused.

History

The company was founded in 1979 as the Research Council of Washington by David G. Bradley
David G. Bradley
David G. Bradley is the owner of the Atlantic Media Company, which publishes several prominent news magazines and services including The Atlantic Monthly, National Journal, The Hotline and Government Executive...

http://www.executiveboard.com/EXBD/1,2735,0-0-Public_Display-1782-11,00.html#. In 1997, the Corporate Executive Board was spun off from the Advisory Board Company
Advisory Board Company
The Advisory Board Company is a global research, consulting, and technology firm partnering with 125,000 leaders in 3,200 organizations across health care and higher education.-History:...

http://www.washingtonpost.com/wp-dyn/articles/A60425-2004Jul18.html, which deals exclusively with health-care and higher education related issues.

In 2004, CEB grew to employ more than 1,200 staff members. In 2006, CEB expanded its business beyond its traditional member base of Fortune 500 companies to include middle market companies with revenues below $750 million.

In March 2007, CEB opened its first domestic offices outside of metropolitan Washington, DC in San Francisco and Chicago
Chicago
Chicago is the largest city in the US state of Illinois. With nearly 2.7 million residents, it is the most populous city in the Midwestern United States and the third most populous in the US, after New York City and Los Angeles...

. It also maintains offices in Sydney
Sydney
Sydney is the most populous city in Australia and the state capital of New South Wales. Sydney is located on Australia's south-east coast of the Tasman Sea. As of June 2010, the greater metropolitan area had an approximate population of 4.6 million people...

, Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...

, Toronto
Toronto
Toronto is the provincial capital of Ontario and the largest city in Canada. It is located in Southern Ontario on the northwestern shore of Lake Ontario. A relatively modern city, Toronto's history dates back to the late-18th century, when its land was first purchased by the British monarchy from...

, Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

, London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

, England
England
England is a country that is part of the United Kingdom. It shares land borders with Scotland to the north and Wales to the west; the Irish Sea is to the north west, the Celtic Sea to the south west, with the North Sea to the east and the English Channel to the south separating it from continental...

, Frankfurt
Frankfurt
Frankfurt am Main , commonly known simply as Frankfurt, is the largest city in the German state of Hesse and the fifth-largest city in Germany, with a 2010 population of 688,249. The urban area had an estimated population of 2,300,000 in 2010...

, Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...

, Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...

, and Gurgaon
Gurgaon
Gurgaon is the second largest city in the Indian state of Haryana. Gurgaon is the industrial and financial center of Haryana. It is located 30 km south of national capital New Delhi, about 10 kilometers from Dwarka Sub City and 268 km south of Chandigarh, the state capital...

, India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

. In July 2007, CEB acquired ITtoolbox
ITtoolbox
ITtoolbox is an online community, enabling peers to share professional knowledge about information technology. Since 1998, ITtoolbox has helped professionals make IT decisions and stay current in the rapidly changing technology market through peer collaboration....

, an online community of professionals who share practical information on IT topics.

In 2009, CEB acquired Toronto-based Warrillow & Co.

A large workforce reduction and hiring freeze were implemented in the summer of 2009, but the company has since begun recruiting new employees again as economic conditions have improved and demand for CEB's services has increased.

CEB announced on Aug. 9, 2010, that it will transfer the listing of its common stock to the NYSE. CEB expects to begin trading on the NYSE on Aug. 20, 2010, using its current symbol "EXBD." The company will continue to trade on the NASDAQ until the transfer is completed.

Stock Performance

Corporate Executive Board's IPO occurred February 22, 1999 at an offer price of $19. The company's stock reached a high of more than $108 in April, 2006, before falling to as low as $12 per share in 2009; the decline was attributed primarily to sales force deficiencies.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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