Boston Consulting Group re-elects CEO Christoph Schweizer for second term

Boston Consulting Group (BCG) has re-elected its CEO Christoph Schweizer to a second term in the office, rewarding him for his bold leadership and four consecutive years of growth.

In 2021, Christoph Schweizer became the seventh CEO in Boston Consulting Group’s 62-year history, succeeding Rich Lesser, who held three terms in the office. When Schweizer assumed the role, the global consulting firms was an $11 billion business, under his leadership the firm managed to build out its revenues to $13.5 billion.

Founded in 1963, US-headquartered Boston Consulting Group is one of the world’s most prestigious strategic and management consulting firms. In more recent times, the firm also expanded into technology and digital work (delivered by BCG X) and added new subsidiaries (such as Inverto). The firm today has more than 33,000 consultants and staff working from 50+ offices worldwide.

Commenting on his re-appointment, which formally begins on October 1, Schweizer said: “I am honored to continue leading BCG through this dynamic period. Companies in all parts of the world are exposed to significant macroeconomic and geopolitical uncertainties. In addition, it is evident that AI has started to impact every industry.”

“We are working with many leading companies to help them control what they can control, especially managing their cost base and overall efficiency, and scale their use of AI and achieve the financial returns they aspire to. I look forward to building on our strong momentum in the years to come.”

Schweizer’s re-election was ratified in a direct voting process of BCG’s more than 2,000 managing directors and partners. At BCG, all managing directors & partners have an equal vote, unlike some rival consultancies such as McKinsey & Company, where senior partners have a bigger vote than their junior peers.

Looking ahead, Schweizer noted that BCG is well-positioned for continued growth. “We will continue to invest ahead of the curve to offer clients leading edge capabilities. I am proud to continue to lead BCG as we help clients navigate this era of unprecedented complexity and opportunity.”

Schweizer has been with Boston Consulting Group since 1997. He spent around ten years in the German business, then moving stateside to work for five years in the firm’s New York office. He returned to Germany in 2012, since then holding several executive roles, including head of Central and Eastern Europe and the Middle East and global leader of the Healthcare practice.