Thomas Group Announces Earle Steinberg as new President & CEO
March 05 2008 - 5:45AM
Business Wire
Thomas Group, Inc. (NasdaqGM:TGIS), a global consulting firm,
announced today that it has appointed Earle Steinberg as President
and CEO, effective March 10, 2008. Steinberg brings over 30 years
of experience in management consulting with a long history of
leadership and successful practice building. He has been a Partner
in the consulting firms of Touche Ross, Coopers and Lybrand, Booz
Allen, and AT Kearney. While at AT Kearney, he was the leader of
the Americas Operations Practice where, during an eight-year
period, he won three (3) �Great Client Work� awards, two (2)
Intellectual Capital Development awards, two (2) Business
Development awards, and in 2005, was awarded the firm�s
Distinguished Service Award. A seasoned executive with a proven
ability to drive growth and bring strategic focus and operational
excellence to companies, Steinberg has lead operations at both
Coopers and Lybrand and AT Kearney. His practices were among the
most profitable and he was consistently in the top tier of business
developers. At Booz Allen and AT Kearney, Steinberg developed and
commercialized new product offerings in Asset Productivity, Lean
Asset Structures, and Network Modeling for Manufacturing and Supply
chain. Steinberg began his consulting career by founding and
growing his own consulting business in 1977. He sold the business
to Touche Ross Company, became a partner in the firm, and was part
of the Manufacturing/Supply Chain leadership team for the US. While
at AT Kearney, Steinberg founded and developed a new business
Practice in Procurement and Supply Chain Outsourcing, growing it to
$45 million in revenues. Steinberg was also president of MRO
Services, where he managed a customer spend of $1Bn, and provided
leadership and vision through the transfer to EDS and recent
ultimate sale to a private owner. �We are extremely pleased to
welcome Earle as our new president and CEO. He has an outstanding
track record of entrepreneurial leadership in managing diverse,
fast-growing businesses,� said Michael E. McGrath, newly appointed
Executive Chairman of the Board. �Earle is an accomplished leader
with significant business and consulting experience. He knows and
understands our services and markets and is an excellent fit with
the values that have been the cornerstone of Thomas Group for 30
years. We are excited to have someone with his experience and
skills lead the company as we celebrate our 30th year of delivering
innovation and value to clients.� �I am very pleased to be joining
Thomas Group at this critical time in the company�s history,� said
Earle Steinberg, president and CEO. �The opportunities before us
are immense. I look forward to a smooth transition and working at
Thomas Group.� The new CEO has attributed his success to
"relentless optimism� and feels he has �saved the best for last.�
Steinberg has a BA in Psychology from Boston University, and
pursued his graduate education at Georgia State University where he
obtained an MBA in Operations Management, an MDS in Statistical
Theory, and a PhD in Quantitative Methods & Operations
Management. He is active in the Houston community and has served as
a member of the Executive Committee and Board of Directors of the
Houston Symphony. Steinberg also served in the U.S. Army as a
Captain, Army Ranger and Paratrooper, receiving numerous
decorations, including Distinguished Flying Cross and Bronze Star.
About Thomas Group Thomas Group, Inc. (NasdaqGM:TGIS) is an
international, publicly-traded professional services firm
specializing in operational improvements. Thomas Group's unique
brand of process improvement and performance management services
enable businesses to enhance operations, improve productivity and
quality, reduce costs, generate cash, and drive higher
profitability. Known for Breakthrough Process Performance, Thomas
Group creates and implements customized improvement strategies for
sustained performance improvements in all facets of the business
enterprise. Thomas Group has offices in Dallas, Detroit, and Hong
Kong. For more information, please visit www.thomasgroup.com. Safe
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