Carl Stern

Advisor, ICI Fund | Former CEO, Boston Consulting Group

Carl Stern advises clients on business and corporate strategy, organization design,
and leadership succession. He also coaches CEOs.
Carl founded Carl W. Stern Associates LLC on his retirement from Goldman
Sachs, where he served as vice chairman of the Investment Banking Division.
Carl spent 37 years with The Boston Consulting Group (BCG), a global
management consulting firm widely recognized as the pioneer in the field of
corporate strategy. He served as president and CEO of BCG for six years and
chairman for the ensuing eight.
Carl has devoted his career to client service, assisting a number of global
companies – consumer, industrial, and financial – in developing competitive
strategies for their businesses and in shaping their corporate portfolios and
organizations. Clients with whom his involvement has become public knowledge
include Northern Trust, Kraft, S.C. Johnson, PepsiCo, General Electric, and
Goldman Sachs.
Carl has a special interest in Asia, where he spends considerable time each year.
He has published several articles in BCG’s widely read Perspectives series and is coauthor
of BCG on Strateg. He is an experienced speaker.
Carl serves on the boards of BitPay, Initiative for a Competitive Inner City and
World Food Program – USA. He is a trustee of the Chicago Symphony Orchestra,
The Newberry Library and Rush University Medical Center; he is a member of
The Commercial Club of Chicago.
Carl served in the U.S. Navy as a lieutenant. He earned his BA cum laude in
economics from Harvard in 1968 and his MBA from Stanford in 1974.