Thomas L. Monahan III

Thomas L. Monahan III is Chief Executive Officer and President of DeVry University, a for-profit higher education institution.[1][2] He previously served as Chief Executive Officer of CEB, which was acquired by Gartner, before resigning in 2017.[3][4] He also serves as chairman of ProKarma and a board member of Transunion.[5][6]

Photo of Thomas Monahan III in June 2021

Early life and education

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

Career

Prior to 1996, Monahan served as 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.[11] 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.[13]

Monahan serves as chairman of ProKarma and a board member of Transunion.[5][6] In August 2020, he was appointed president and CEO of DeVry University.[1][2]

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]

References
  1. "DeVry University names new CEO". Crain's Chicago Business. 2020-08-18. Retrieved 2020-12-03.
  2. "New presidents or provosts: Arkansas Baptist Danville DeVry EKU Morehouse South Dakota Mines SUNY Ulster Walsh Wollongong". www.insidehighered.com. Retrieved 2020-12-03.
  3. Sernovitz, Daniel (Jan 5, 2017). "CEB to be acquired for $2.6 billion". Washington Business Journal.
  4. Gale, Adam. "Meet Tom Monahan, the 'CEO-whisperer'". Management Today.
  5. "Tech Moves: Vacasa names ex-OpenTable CEO to board; Pixvana brings on sales VP; and more". GeekWire. 2019-05-21. Retrieved 2020-12-03.
  6. Reuters Staff (2017-06-12). "BRIEF-Transunion appoints Suzanne Clark and Thomas Monahan to its board of directors". Reuters. Retrieved 2020-12-03. {{cite news}}: |author= has generic name (help)
  7. Kim, Andrew (June 22, 2016). "Tom Monahan: Work's no carnival anymore". Washington Business Journal.
  8. Pearlstein, Steven (2006-01-13). "A Company Where Experience Counts for All". Washington Post. ISSN 0190-8286. Retrieved 2020-12-03.
  9. "ceb-10ka_20161231.htm". www.sec.gov. Retrieved 2020-12-03.
  10. Sernovitz, Daniel (August 31, 2016). "Tom Monahan to step down from CEB after more than a decade at the helm". Washington Business Journal.
  11. "Meet Tom Monahan, the 'CEO-whisperer'". www.managementtoday.co.uk. Retrieved 2020-12-03.
  12. "BofA Agents Upsize of CEB Facility to Support Evanta Acquisition". ABFJournal. Retrieved 2020-12-03.
  13. Sernovitz, Daniel (January 5, 2017). "CEB to be acquired for $2.6 billion". Washington Business Journal.
  14. Gregg, Aaron. "Gartner buys Arlington-based CEB for $2.6 billion". Washington Post. ISSN 0190-8286. Retrieved 2020-12-03.
  15. CEB, Tom Monahan, CEO and Chairman (2016-05-09). "Investor activism: The less obvious implications". www.cnbc.com. Retrieved 2020-12-03.{{cite web}}: CS1 maint: multiple names: authors list (link)
  16. "The Hard Evidence: Business Is Slowing Down". Fortune. Retrieved 2020-12-03.
  17. Monahan, Tom (2016-06-20). "Your Company Needs a More-Radical Board of Directors". Harvard Business Review. ISSN 0017-8012. Retrieved 2020-12-03.
  18. Monahan, Tom. "Talent Matters: Big board battles are changing life in the C-suite. Are you ready?". Washington Post. ISSN 0190-8286. Retrieved 2020-12-03.
  19. Monahan, Tom (2014-04-27). "The way to improve your company that is hiding in plain sight". Washington Post. ISSN 0190-8286. Retrieved 2020-12-03.
  20. "WEDDINGS; Sharon K. Marcil, T. L. Monahan 3d (Published 1995)". The New York Times. 1995-07-16. ISSN 0362-4331. Retrieved 2020-12-03.
  21. "Sharon Marcil first woman to lead BCG North America". Consulting.us. 27 August 2021.
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