The Boston Consulting Group announces new chairholder at INSEAD.

BOSTON--(BUSINESS WIRE)--June 15, 1995--The Boston Consulting Group, one of the world's leading international management consulting firms, announced today that W. Chan Kim, Professor of Strategy and International Management, has been appointed as the holder of The Boston Consulting Group Bruce D. Henderson Chair in International Management at INSEAD.

The chair's endowment, commemorating The Boston Consulting Group founder Bruce D. Henderson, was announced earlier this year. INSEAD, one of the world's leading business schools, is located at Fountainebleau, outside of Paris.

John S. Clarkeson, president and chief executive officer of The Boston Consulting Group, stated, "We are delighted at this appointment as Chan Kim has attained a world-class reputation for his innovative approach to the analysis of multinational management and leadership issues. Professor Kim's appointment is a fitting testament to Bruce D. Henderson's commitment to seeking out and developing exceptional talent for The Boston Consulting Group. We are confident that he will continue to admirably represent this tradition."

Antonio Borgess, co-dean with Ludo Van Der Hayden of INSEAD, commented, "My colleague Ludo Van Der Hayden and I are particularly pleased to make this appointment. It justly recognizes Chan Kim's significant academic contributions to the field of international business and further enhances INSEAD's excellence and worldwide leadership in this field."

Prior to joining INSEAD, W. Chan Kim was a professor at the Michigan Business School, where he received a Ph.D in Strategy and International Management. Professor Kim has served as a board member, as well as a consultant, for a number of multinational corporations in Europe, the U.S., and Asia. He has published numerous articles on strategy and managing the multinational corporation, which have appeared in Academy of Management Journal, Management Science, Organization Science, Strategic Management Journal, Journal of International Business Studies, Sloan Management Review, and Harvard Business Review. Professor Kim is also the recent winner of the Eldridge Haynes Prize, awarded by the Academy of International Business, and the Eldridge Haynes Memorial Trust, for the best original paper in the field of international business.

The Boston Consulting Group is one of the world's leading management consulting firms and the widely recognized pioneer in business strategy consulting. BCG has a consulting staff of 1,200 professionals in 36 offices worldwide serving a broad client mix and a wide range of industries.

CONTACT: The Boston Consulting Group

Anne Mara, 617/973-1388