The Boston Consulting Group (BCG) has announced the appointment of new president and CEO, Rich Lesser.

Lesser was elected to the role in May 2012 and takes over as BCG enters its fiftieth year of operation.

He succeeds Hans-Paul Bürkner, who will become Chairman after serving nine years as President and CEO. Bürkner presided over a highly successful growth period for the firm, during which BCG nearly tripled its revenues.

Lesser has been on the firm’s Executive Committee since 2006 and served as BCG’s Chairman of North and South America since 2009. Before that, was head of the New York office beginning in 2000.

In 2009 he was named as one of the industry’s most influential consultants by Consulting Magazine. Lesser is the firm’s sixth CEO.

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