Thomas L. Monahan III explained

Thomas L. Monahan III is chief executive officer (CEO) and president of DeVry University, a for-profit higher education institution.[1] [2] He previously was CEO of CEB, which was acquired by Gartner, before resigning in 2017.[3] [4] He is chairman of ProKarma and a board member of Transunion.[5] [6]

Early life

He holds degrees from Harvard University and New York University Stern School of Business.[7]

Career

Prior to 1996, Monahan was a senior consultant at the Deloitte & Touche Consulting Group, a director at the Committee for Economic Development, and a staff consultant at Andersen Consulting.[8] [9]

Monahan joined the leadership team of CEB (formerly the Corporate Executive Board) in 1996. He was named its chief executive in 2005 and chairman in 2008.[10] [11] He presided over an expansion of revenue, which increased 157% from 2005 to 2016. During his term, CEB acquired Evanta Ventures, a Portland-based best practice insight and technology company.[12]  CEB was acquired by Gartner in 2017 for $2.6 billion.[13] [14] He stepped down from CEB Inc. in June 2017.

Monahan is chairman of ProKarma and a board member of Transunion. In August 2020, he was appointed president and CEO of DeVry University.

He has contributed several articles on business topics, including for CNBC, Fortune, and Harvard Business Review.[15] [16] [17] [18] He authored a column in The Washington Post called “Talent Matters."[19]

Personal life

Monahan is married to Sharon Kerrie Marcil, who graduated from Duke University and received an M.B.A. from Harvard University.[20] Marcil is the North America regional chair at the Boston Consulting Group.[21]

Notes and References

  1. Web site: 2020-08-18. DeVry University names new CEO. 2020-12-03. Crain's Chicago Business. en.
  2. Web site: New presidents or provosts: Arkansas Baptist Danville DeVry EKU Morehouse South Dakota Mines SUNY Ulster Walsh Wollongong. 2020-12-03. www.insidehighered.com. en.
  3. Web site: Sernovitz. Daniel. Jan 5, 2017. CEB to be acquired for $2.6 billion. Washington Business Journal.
  4. Web site: Gale. Adam. Meet Tom Monahan, the 'CEO-whisperer'. Management Today.
  5. Web site: 2019-05-21. Tech Moves: Vacasa names ex-OpenTable CEO to board; Pixvana brings on sales VP; and more. 2020-12-03. GeekWire. en-US.
  6. News: 2017-06-12. BRIEF-Transunion appoints Suzanne Clark and Thomas Monahan to its board of directors. en. Reuters. 2020-12-03.
  7. Web site: Kim. Andrew. June 22, 2016. Tom Monahan: Work's no carnival anymore. Washington Business Journal.
  8. News: Pearlstein. Steven. 2006-01-13. A Company Where Experience Counts for All. en-US. Washington Post. 2020-12-03. 0190-8286.
  9. Web site: ceb-10ka_20161231.htm. 2020-12-03. www.sec.gov.
  10. Web site: Sernovitz. Daniel. August 31, 2016. Tom Monahan to step down from CEB after more than a decade at the helm. Washington Business Journal.
  11. Web site: Meet Tom Monahan, the 'CEO-whisperer'. 2020-12-03. www.managementtoday.co.uk.
  12. Web site: BofA Agents Upsize of CEB Facility to Support Evanta Acquisition. 2020-12-03. ABFJournal. en-US.
  13. Web site: Sernovitz. Daniel. January 5, 2017. CEB to be acquired for $2.6 billion. Washington Business Journal.
  14. News: Gregg. Aaron. Gartner buys Arlington-based CEB for $2.6 billion. en-US. Washington Post. 2020-12-03. 0190-8286.
  15. Web site: CEB. Tom Monahan, CEO and Chairman. 2016-05-09. Investor activism: The less obvious implications. 2020-12-03. www.cnbc.com.
  16. Web site: The Hard Evidence: Business Is Slowing Down. 2020-12-03. Fortune. en.
  17. News: Monahan. Tom. 2016-06-20. Your Company Needs a More-Radical Board of Directors. Harvard Business Review. 2020-12-03. 0017-8012.
  18. News: Monahan. Tom. Talent Matters: Big board battles are changing life in the C-suite. Are you ready?. en-US. Washington Post. 2020-12-03. 0190-8286.
  19. News: Monahan. Tom. 2014-04-27. The way to improve your company that is hiding in plain sight. en-US. Washington Post. 2020-12-03. 0190-8286.
  20. News: 1995-07-16. WEDDINGS; Sharon K. Marcil, T. L. Monahan 3d (Published 1995). en-US. The New York Times. 2020-12-03. 0362-4331.
  21. News: Sharon Marcil first woman to lead BCG North America . Consulting.us . 27 August 2021.

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