Thomas L. Monahan III

Last updated
Monahan in 2021 Thomas Monahan III June 2021.jpg
Monahan in 2021

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]

Contents

Early life and education

Monahan grew up in Weymouth, Massachusetts. [7] He holds degrees from Harvard University and New York University Stern School of Business. [8]

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. [9] [10]

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. [11] [12] He presided over an expansion of revenue, which increased 157% from 2005 to 2016. [12] During his term, CEB acquired Evanta Ventures, a Portland-based best practice insight and technology company. [13]  CEB was acquired by Gartner in 2017 for $2.6 billion. [14] [15] He stepped down from CEB Inc. in June 2017. [14]

Monahan is 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. [16] [17] [18] [19] He authored a column in The Washington Post called “Talent Matters." [20]

In June 2023, Tom Monahan was appointed chief executive officer (CEO) of global leadership advisory firm Heidrick & Struggles. [21] [22]

Monahan has also served as a board member of TransUnion (NYSE: TRU), where he is the Chair of its Audit & Compliance Committee and a member of its Nominating and Governance Committee. [23] He is also the executive vice chair of the DeVry University Board of Trustees. [24]

Non-Profit Governance and Leadership"

Monahan is involved in the non-profit sector, serving on the boards of the Johns Hopkins Health System [25] and the Boys and Girls Club of America [26] . He is also a trustee for The Nature Conservancy of Maryland and DC and a member of the The Economic Club of Washington, D.C. [27] [28]

Personal life

Monahan is married to Sharon Kerrie Marcil, who graduated from Duke University and received an M.B.A. from Harvard University. [29] Marcil is the North America regional chair at the Boston Consulting Group. [30]

References

  1. 1 2 "DeVry University names new CEO". Crain's Chicago Business. 2020-08-18. Retrieved 2020-12-03.
  2. 1 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. 1 2 "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. 1 2 "BRIEF-Transunion appoints Suzanne Clark and Thomas Monahan to its board of directors". Reuters. 2017-06-12. Retrieved 2020-12-03.
  7. Logic, Uncommon (2024-06-07). "HOW Conversation: Tom Monahan". The HOW Institute for Society. Retrieved 2025-10-25.
  8. Kim, Andrew (June 22, 2016). "Tom Monahan: Work's no carnival anymore". Washington Business Journal.
  9. Pearlstein, Steven (2006-01-13). "A Company Where Experience Counts for All". Washington Post. ISSN   0190-8286 . Retrieved 2020-12-03.
  10. "ceb-10ka_20161231.htm". www.sec.gov. Retrieved 2020-12-03.
  11. Sernovitz, Daniel (August 31, 2016). "Tom Monahan to step down from CEB after more than a decade at the helm". Washington Business Journal.
  12. 1 2 "Meet Tom Monahan, the 'CEO-whisperer'". www.managementtoday.co.uk. Retrieved 2020-12-03.
  13. "BofA Agents Upsize of CEB Facility to Support Evanta Acquisition". ABFJournal. Retrieved 2020-12-03.
  14. 1 2 Sernovitz, Daniel (January 5, 2017). "CEB to be acquired for $2.6 billion". Washington Business Journal.
  15. Gregg, Aaron. "Gartner buys Arlington-based CEB for $2.6 billion". Washington Post. ISSN   0190-8286 . Retrieved 2020-12-03.
  16. 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)
  17. "The Hard Evidence: Business Is Slowing Down". Fortune. Retrieved 2020-12-03.
  18. Monahan, Tom (2016-06-20). "Your Company Needs a More-Radical Board of Directors". Harvard Business Review. ISSN   0017-8012 . Retrieved 2020-12-03.
  19. 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.
  20. 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.
  21. "Heidrick & Struggles Taps Outsider as CEO; Other Leadership Moves Announced". Hunt Scanlon Media. Retrieved January 24, 2024.
  22. Jay, Corli (January 23, 2024). "Executive search firm Heidrick & Struggles appoints new CEO, president". Chicago Business. Retrieved October 10, 2025.
  23. "Stern EMBA Speaker Series: Tom Monahan (MBA '95)". NYU. February 1, 2019. Retrieved October 1, 2025.
  24. "Thomas L. Monahan III". DeVry University. Retrieved October 1, 2025.
  25. "The Johns Hopkins Health System Corporation Leadership". Johns Hopkins Medicine. Retrieved October 2, 2025.
  26. "Trustees & Ambassadors". Boys & Girls Clubs of America. Retrieved October 2, 2025.
  27. "Tom Monahan People". Heidrick & Struggles. Retrieved October 2, 2025.
  28. "Our Board of Directors". Transunion. Retrieved October 2, 2025.
  29. "WEDDINGS; Sharon K. Marcil, T. L. Monahan 3d (Published 1995)". The New York Times. 1995-07-16. ISSN   0362-4331 . Retrieved 2020-12-03.
  30. "Sharon Marcil first woman to lead BCG North America". Consulting.us. 27 August 2021.