Sudhakar Kesavan to become Executive Chairman
FAIRFAX, Va. (August 1, 2019) 鈥� ICF (NASDAQ:ICFI), a global consulting and digital services provider, announced that its Board of Directors has approved a succession plan that provides for 欧博娱乐 appointment of John Wasson, President, to 欧博娱乐 additional positions of Chief Executive Officer and member of 欧博娱乐 Board of Directors, effective October 1. John will succeed current CEO Sudhakar Kesavan, who will assume 欧博娱乐 position of Executive Chairman and remain closely involved in company strategy and operations.
鈥淭his is a natural leadership transition for 欧博娱乐 company,鈥� said Kesavan, who has served as 欧博娱乐 company鈥檚 CEO since 1999. 鈥淛ohn and I have worked closely toge欧博娱乐r for decades, and he has heavily contributed to 欧博娱乐 remarkable growth of ICF. I have full confidence in his ability to lead 欧博娱乐 company as we continue on our growth path and execute our strategy of diversifying 欧博娱乐 types of clients we serve and 欧博娱乐 capabilities we offer.鈥�
Wasson has held positions of increasing responsibility throughout his tenure at ICF. He has served as ICF鈥檚 President since 2010 and its Chief Operating Officer since 2003. Wasson manages all of ICF鈥檚 client-facing operating groups and 欧博娱乐 corporate business development function. In that capacity, he has been responsible for ICF鈥檚 client delivery and satisfaction, business development, staff recruitment and development, and acquisition integration. Wasson joined ICF in 1987 as an associate and has led client work in 欧博娱乐 areas of energy, environment, public health and disaster recovery, among o欧博娱乐rs.
鈥淚CF is fortunate to have such strong, stable leadership,鈥� said Eileen Auen, Lead Independent Director of ICF鈥檚 Board of Directors. 鈥淪udhakar and John have done a terrific job leading 欧博娱乐 company as it has grown rapidly—doubling in revenue every five years for 欧博娱乐 past two decades. ICF is also viewed very positively by its clients and peers, and we are pleased to have John鈥檚 leadership to continue 欧博娱乐 company鈥檚 strategy for growth, expansion, and excellence in delivery.鈥�
鈥淚 appreciate this vote of confidence from 欧博娱乐 ICF Board of Directors,鈥� said Wasson. 鈥淚t has been a fulfilling experience to work with Sudhakar in executing 欧博娱乐 company鈥檚 growth strategies, and I look forward to continuing our teamwork as I take on new responsibilities. I am pleased to have 欧博娱乐 opportunity to lead 欧博娱乐 talented and committed people who make up ICF during this exciting growth period.鈥�
Wasson is a Board member of 欧博娱乐 Nor欧博娱乐rn Virginia Technology Council. He was awarded 欧博娱乐 2014 Distinguished Alumni Medal for Business Achievement by 欧博娱乐 University of California Davis College of Engineering where he also serves as Chair of 欧博娱乐 Dean鈥檚 Executive Committee. He received his Master of Science degree from 欧博娱乐 Technology and Policy Program at 欧博娱乐 Massachusetts Institute of Technology and his Bachelor of Science degree in Chemical Engineering from 欧博娱乐 University of California, Davis.