Perficient Announces CEO Transition - Tom Hogan Steps Down; Board Appoints Xiao Guo as Interim CEO

Rhea-AI Summary

Perficient (PRFT) announced an immediate CEO transition, with Tom Hogan stepping down and Board director Xiao Guo appointed as Interim CEO. Under Hogan's leadership, Perficient expanded its digital transformation capabilities and strengthened client relationships. Guo, who previously served as CEO of Thoughtworks for over a decade, brings extensive experience in technology excellence and global team development.

During his tenure at Thoughtworks, Guo led initiatives that accelerated digital transformation for Fortune 500 clients worldwide, driving growth and enhancing market presence. The Perficient Board of Directors has initiated a formal search for a permanent CEO to advance the company's growth trajectory and drive long-term value creation.

Positive

• Appointment of experienced tech industry veteran Xiao Guo as Interim CEO
• New leadership brings proven track record in Fortune 500 digital transformation
• Immediate transition ensures continuity in company operations

Negative

• Unexpected CEO departure creates temporary leadership uncertainty
• Interim nature of appointment may delay long-term strategic initiatives

ST. LOUIS--(BUSINESS WIRE)-- Perficient (formerly NASDAQ: PRFT), the leading global digital consultancy transforming the world’s largest enterprises and biggest brands, today announced that Tom Hogan will step down as Chief Executive Officer, effective immediately. The Perficient Board of Directors has appointed Xiao Guo—a Perficient Board director and technology industry veteran with extensive global leadership experience—as Interim CEO. This transition marks the next phase of Perficient’s ongoing commitment to delivering market-leading solutions and optimizing growth opportunities.

“Tom Hogan’s leadership has been invaluable to Perficient’s evolution,” said Annette Rippert, Chair of the Board. “Under Tom’s guidance, Perficient expanded its digital transformation capabilities, strengthened client relationships, and positioned itself as a leader in delivering best-in-class consulting and technology solutions. On behalf of the entire Board, I want to thank Tom for his dedication, vision, and partnership.”

Since joining Perficient, Tom Hogan has been instrumental in guiding the company’s strategic direction, including broadening service offerings and fostering a culture of innovation. His commitment to clients and employees has helped Perficient build a reputation for delivering transformative results across industries.

Xiao Guo, who led Thoughtworks as Chief Executive Officer for over a decade, brings a proven track record of technology excellence, client-focused innovation, and global team development. During his tenure at Thoughtworks, Xiao spearheaded initiatives that accelerated digital transformation for Fortune 500 clients worldwide, ultimately driving strong growth and an enhanced market presence.

“I’m honored to step into this interim role and to lead Perficient through this transition,” said Guo. “Perficient has built a powerful reputation in digital transformation services. I look forward to working closely with our talented teams to strengthen the company’s core values, deliver exceptional client outcomes, and advance our market leadership.”

Perficient’s Board of Directors has begun a formal search for a permanent CEO to advance the company’s growth trajectory and drive long-term value creation for all stakeholders.

About Perficient

Perficient is the leading global digital consultancy. Our strategists, designers, technologists, and engineers enable the world’s largest enterprises and biggest brands to boldly advance their business and drive real results through the power of technology. We shatter boundaries, obsess over outcomes, and forge the future for our customers. For more information, visit www.perficient.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250214334570/en/

Bill Davis, Perficient, 314-529-3555

Source: Perficient

FAQ

Why did Tom Hogan step down as Perficient (PRFT) CEO?

The press release does not specify the reason for Tom Hogan's departure as CEO of Perficient. The company announced it as an immediate transition in leadership.

Who is the new interim CEO of Perficient (PRFT)?

Xiao Guo, a Perficient Board director and former CEO of Thoughtworks, has been appointed as Interim CEO of Perficient.

What is Xiao Guo's experience before joining Perficient (PRFT)?

Xiao Guo served as CEO of Thoughtworks for over a decade, where he led digital transformation initiatives for Fortune 500 clients worldwide and drove strong growth and market presence.

How is Perficient (PRFT) handling the permanent CEO selection process?

Perficient's Board of Directors has initiated a formal search for a permanent CEO to advance the company's growth trajectory and drive long-term value creation.

What were Tom Hogan's key achievements as Perficient (PRFT) CEO?

Under Tom Hogan's leadership, Perficient expanded its digital transformation capabilities, strengthened client relationships, and positioned itself as a leader in consulting and technology solutions.