Huron Announces Board Leadership Transition
Huron (NASDAQ: HURN) announced a board leadership transition, with Hugh E. Sawyer appointed as independent, non-executive Chairman of the Board, effective January 1, 2025. Sawyer will succeed John McCartney, who has served as non-executive chairman since May 2010 and will continue as a board director. The transition aligns with McCartney's previously announced intention to step down before his term expires in May 2025.
Sawyer, a board member since February 2018, currently chairs the compensation committee and serves on the audit and finance committees. He brings over 40 years of experience in operational improvements and strategic transformations, having served as president or CEO of nine companies and on fourteen public or private boards. The transition is part of Huron's multi-year board refresh process to maintain diverse expertise and skills.
Huron (NASDAQ: HURN) ha annunciato una transizione nella leadership del consiglio, con Hugh E. Sawyer nominato Presidente indipendente e non esecutivo del Consiglio di Amministrazione, a partire dal 1° gennaio 2025. Sawyer succederà a John McCartney, che ha ricoperto il ruolo di presidente non esecutivo dal maggio 2010 e continuerà come direttore del consiglio. Questa transizione si allinea con l'intenzione precedentemente annunciata da McCartney di dimettersi prima della scadenza del suo mandato nel maggio 2025.
Sawyer, membro del consiglio dal febbraio 2018, presiede attualmente il comitato per le retribuzioni e fa parte dei comitati per la revisione e la finanza. Porta con sé oltre 40 anni di esperienza nel miglioramento operativo e nelle trasformazioni strategiche, avendo ricoperto il ruolo di presidente o CEO in nove aziende e in quattordici consigli pubblici o privati. La transizione fa parte del processo di rinnovamento pluriennale del consiglio di Huron per mantenere competenze e abilità diverse.
Huron (NASDAQ: HURN) anunció una transición en el liderazgo de la junta, con Hugh E. Sawyer designado como Presidente independiente y no ejecutivo de la Junta, a partir del 1 de enero de 2025. Sawyer sucederá a John McCartney, quien ha sido presidente no ejecutivo desde mayo de 2010 y continuará como director de la junta. La transición se alinea con la intención previamente anunciada por McCartney de renunciar antes de que finalice su mandato en mayo de 2025.
Sawyer, miembro de la junta desde febrero de 2018, actualmente preside el comité de compensación y forma parte de los comités de auditoría y finanzas. Aporta más de 40 años de experiencia en mejoras operativas y transformaciones estratégicas, habiendo sido presidente o CEO de nueve empresas y formando parte de catorce juntas públicas o privadas. La transición es parte del proceso de renovación de la junta de Huron que abarca varios años, con el fin de mantener una diversidad de experticia y habilidades.
휴론 (NASDAQ: HURN)은 이사회 리더십 전환을 발표했으며, 휴 스워는 독립적인 비상임 이사회 의장으로 2025년 1월 1일부터 임명될 예정이다. 스워는 2010년 5월 이후 비상임 의장직을 맡아온 존 맥카트니를 대신하게 되며, 맥카트니는 이사로 계속 활동할 예정이다. 이번 전환은 맥카트니가 2025년 5월 임기가 만료되기 전에 사임하겠다는 의사를 이전에 발표한 것과 일치한다.
스워는 2018년 2월부터 이사로 활동하고 있으며, 현재 보상위원회를 주재하고 감사 및 재무위원회에서 활동하고 있다. 그는 40년 이상의 운영 개선 및 전략적 변화에 대한 경험을 가지고 있으며, 9개 회사의 사장 또는 CEO로 일했으며, 14개의 공개 또는 비공식 이사회에서 일한 경력이 있다. 이번 전환은 휴론의 다년간 이사회 갱신 과정의 일환으로, 다양한 전문성과 기술을 유지하기 위한 것이다.
Huron (NASDAQ: HURN) a annoncé une transition dans la direction du conseil d'administration, avec Hugh E. Sawyer nommé président indépendant et non exécutif du conseil, à compter du 1er janvier 2025. Sawyer succédera à John McCartney, qui occupe le poste de président non exécutif depuis mai 2010 et continuera en tant que directeur du conseil. Cette transition s'aligne avec l'intention précédemment annoncée de McCartney de se retirer avant la fin de son mandat en mai 2025.
Sawyer, membre du conseil depuis février 2018, préside actuellement le comité de rémunération et fait partie des comités d'audit et de finances. Il apporte plus de 40 ans d'expérience en améliorations opérationnelles et transformations stratégiques, ayant été président ou CEO de neuf entreprises et a siégé sur quatorze conseils d'administration publics ou privés. La transition fait partie du processus de renouvellement pluriannuel du conseil d'Huron pour maintenir une expertise et des compétences diversifiées.
Huron (NASDAQ: HURN) gab einen Wechsel in der Führung des Aufsichtsrats bekannt, wobei Hugh E. Sawyer zum unabhängigen, nicht-executiven Vorsitzenden des Aufsichtsrats ernannt wurde, beginnend am 1. Januar 2025. Sawyer wird John McCartney nachfolgen, der seit Mai 2010 als nicht-executiver Vorsitzender tätig ist und weiterhin als Aufsichtsratsmitglied fungieren wird. Der Wechsel steht im Einklang mit McCartneys zuvor angekündigter Absicht, vor Ablauf seiner Amtszeit im Mai 2025 zurückzutreten.
Seit Februar 2018 ist Sawyer Mitglied des Aufsichtsrats, leitet derzeit den Vergütungsausschuss und ist Mitglied des Prüfungs- und Finanzausschusses. Er bringt über 40 Jahre Erfahrung in der operativen Verbesserung und strategischen Transformation mit, nachdem er Präsident oder CEO von neun Unternehmen und Mitglied von vierzehn öffentlichen oder privaten Aufsichtsräten war. Der Wechsel ist Teil des mehrjährigen Erneuerungsprozesses des Huron-Vorstands, um vielfältige Fachkenntnisse und Fähigkeiten zu erhalten.
- Planned and orderly board leadership transition maintaining continuity
- New chairman brings extensive leadership experience with 40+ years in operational improvements
- Previous chairman remains on board ensuring smooth transition and knowledge retention
- None.
Hugh E. Sawyer has been appointed as independent, non-executive Chairman of the Board, effective January 1, 2025
Mr. McCartney will continue to serve on the company’s board as a director. He has served as the non-executive chairman of Huron’s board since May 2010 and as a board member since October 2004.
“I would like to express my deep appreciation to John for his outstanding leadership of Huron’s board over the years and his guidance in my transition to CEO in 2023,” said Mark Hussey, CEO and president of Huron. “I am also looking forward to Hugh moving into the chair role and continuing our strong legacy of client-focused solutions and innovation,” added Hussey. “We are confident that Hugh will bring valuable insights to drive our strategic initiatives forward.”
Mr. McCartney’s transition aligns with his previously announced intention that he would step down as non-executive chairman prior to the expiration of his current term in May 2025. The transition reinforces the company’s commitment to its multi-year board refresh process to ensure the board has a diverse mix of expertise, skills and business acumen to evaluate and support the company’s strategy going forward.
“It has been an honor to serve as chairman of Huron’s board of directors during such an exciting and pivotal time for the company, and I look forward to continuing to support the board and management as we work to execute our strategic vision,” said Mr. McCartney. “Having Hugh assume the role of non-executive chairman reflects the successful outcome of a carefully considered and thorough transition process.”
Mr. Sawyer has served as a member of the board since February 2018, serves as chair of the compensation committee and serves on the audit and the finance and capital allocation committees. Mr. Sawyer has held leadership roles as president or chief executive officer of nine companies and also served on fourteen public or private boards of directors, including as chairman. Mr. Sawyer served as a managing director at Huron, from January 2010 to May 2017, and led the Operational Improvement Service Line for Huron's Business Advisory Practice. He has more than 40 years of experience leading operational improvements and strategic transformations for both public and private companies across a diverse group of industries.
ABOUT HURON
Huron is a global professional services firm that collaborates with clients to put possible into practice by creating sound strategies, optimizing operations, accelerating digital transformation, and empowering businesses and their people to own their future. By embracing diverse perspectives, encouraging new ideas and challenging the status quo, we create sustainable results for the organizations we serve. Learn more at www.huronconsultinggroup.com.
Statements in this press release that are not historical in nature, including those concerning the company’s current expectations about its future results, are “forward-looking” statements as defined in Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by words such as “may,” “should,” “expects,” “provides,” “anticipates,” “assumes,” “can,” “will,” “meets,” “could,” “likely,” “intends,” “might,” “predicts,” “seeks,” “would,” “believes,” “estimates,” “plans,” “continues,” “goals,” “guidance,” or “outlook” or similar expressions. These forward-looking statements reflect the company's current expectations about future requirements and needs, results, levels of activity, performance, or achievements. Some of the factors that could cause actual results to differ materially from the forward-looking statements contained herein include, without limitation: failure to achieve expected utilization rates, billing rates, and the necessary number of revenue-generating professionals; inability to expand or adjust our service offerings in response to market demands; our dependence on renewal of client-based services; dependence on new business and retention of current clients and qualified personnel; failure to maintain third-party provider relationships and strategic alliances; inability to license technology to and from third parties; the impairment of goodwill; various factors related to income and other taxes; difficulties in successfully integrating the businesses we acquire and achieving expected benefits from such acquisitions; risks relating to privacy, information security, and related laws and standards; and a general downturn in market conditions. These forward-looking statements involve known and unknown risks, uncertainties, and other factors, including, among others, those described under “Item 1A. Risk Factors” in Huron's Annual Report on Form 10-K for the year ended December 31, 2023 that may cause actual results, levels of activity, performance or achievements to be materially different from any anticipated results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. The company disclaims any obligation to update or revise any forward-looking statements as a result of new information or future events, or for any other reason.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241216766673/en/
MEDIA CONTACT
Allie Bovis
abovis@hcg.com
INVESTOR CONTACT
John D. Kelly
Investor@hcg.com
Source: Huron
FAQ
When will Hugh Sawyer become Chairman of Huron (HURN)?
How long has John McCartney served as Huron's (HURN) Chairman?
What is Hugh Sawyer's experience at Huron (HURN)?
Why is Huron (HURN) changing its Board Chairman?
