DeVry names Monahan president, CEO

NAPERVILLE - The board of trustees of DeVry University has appointed Thomas L. Monahan III the university's new president and chief executive officer.

For more than two decades, Monahan was chief executive officer and chairman of CEB, Inc., a best practice insights and technology company, which grew to nearly $1 billion in revenue under his leadership, serving more than 10,000 companies globally, including 90 percent of the Fortune 500. At CEB, Monahan redefined how some of the world's leading companies make their most important decisions. CEB created authoritative insights, technology tools, and management resources to help companies manage talent, innovation, and risk. Under Monahan's leadership, CEB became a pioneer in using advanced technologies to analyze data at scale, assess and credential talent, and teach vital skills, becoming one of the most respected brands in the information science and human capital worlds.

"Tom is a visionary leader with his ability to foster innovation at scale, insight into how technology is reshaping work and his deep knowledge of the skill needs of major employers in the U.S. and around the world," said Michael Peel, Chair of DeVry's board of trustees. "With this expertise, Tom will enable important advances in the way DeVry both prepares students for resilient careers and partners with major corporations on their reskilling needs in this rapidly changing economy."