Resources Connection, Inc.’s Donald B. Murray Resigns as Chairman of the Board
Resources Connection, Inc. (Nasdaq: RGP) announced that Donald B. Murray, the company's founder, has resigned as Chairman and director of the Board, effective July 26, 2024. Murray founded RGP in 1996 and led its management buyout in 1999 before taking the company public in 2000. During his 28-year tenure, he served in various critical roles, including CEO for over 15 years.
The Board has appointed A. Robert Pisano as interim Chairman and David White as Lead Independent Director. Pisano, a board member since 2002, expressed gratitude for Murray's contributions, highlighting his vision and understanding of the professional services industry.
Resources Connection, Inc. (Nasdaq: RGP) ha annunciato che Donald B. Murray, fondatore dell'azienda, ha presentato le dimissioni da Presidente e direttore del Consiglio, a partire dal 26 luglio 2024. Murray ha fondato RGP nel 1996 e ha guidato il buyout di gestione nel 1999 prima di quotare l'azienda nel 2000. Durante il suo mandato di 28 anni, ha ricoperto vari ruoli chiave, tra cui quello di CEO per oltre 15 anni.
Il Consiglio ha nominato A. Robert Pisano Presidente ad interim e David White Direttore Indipendente Principale. Pisano, membro del consiglio dal 2002, ha espresso gratitudine per i contributi di Murray, sottolineando la sua visione e comprensione dell'industria dei servizi professionali.
Resources Connection, Inc. (Nasdaq: RGP) anunció que Donald B. Murray, el fundador de la empresa, ha renunciado como Presidente y director de la Junta, con efecto a partir del 26 de julio de 2024. Murray fundó RGP en 1996 y lideró su compra por parte de la administración en 1999 antes de hacer pública la empresa en 2000. Durante sus 28 años en la empresa, ocupó varios roles críticos, incluyendo el de CEO durante más de 15 años.
La Junta ha nombrado a A. Robert Pisano como Presidente interino y David White como Director Independiente Principal. Pisano, miembro de la junta desde 2002, expresó su gratitud por las contribuciones de Murray, resaltando su visión y comprensión de la industria de servicios profesionales.
Resources Connection, Inc. (Nasdaq: RGP)는 Donald B. Murray가 회사의 창립자로서 회장 및 이사직에서 사임했다고 발표했습니다. 이는 2024년 7월 26일부터 유효합니다. Murray는 1996년에 RGP를 설립하였고, 1999년에 경영 인수합병을 이끌었으며, 2000년에 회사를 상장하였습니다. 그의 28년 재임 기간 동안 그는 CEO를 포함하여 15년 이상 여러 중요한 역할을 수행했습니다.
이사회는 A. Robert Pisano를 임시 회장으로 David White를 독립 이사장으로 임명했습니다. Pisano는 2002년부터 이사로 활동해 왔으며, Murray의 기여에 감사함을 표하며 그가 전문 서비스 산업에 대한 비전과 이해를 가지고 있었다고 강조했습니다.
Resources Connection, Inc. (Nasdaq: RGP) a annoncé que Donald B. Murray, le fondateur de la société, a démissionné en tant que Président et directeur du Conseil, à compter du 26 juillet 2024. Murray a fondé RGP en 1996 et a dirigé le rachat par la direction en 1999 avant de rendre la société publique en 2000. Au cours de ses 28 années de mandat, il a occupé divers rôles critiques, y compris celui de PDG pendant plus de 15 ans.
Le Conseil a nommé A. Robert Pisano en tant que Président par intérim et David White en tant que Directeur Principal Indépendant. Pisano, membre du conseil depuis 2002, a exprimé sa gratitude pour les contributions de Murray, en soulignant sa vision et sa compréhension de l'industrie des services professionnels.
Resources Connection, Inc. (Nasdaq: RGP) gab bekannt, dass Donald B. Murray, der Gründer des Unternehmens, als Vorsitzender und Direktor des Vorstands zurückgetreten ist, wobei dies ab dem 26. Juli 2024 wirksam wird. Murray gründete RGP im Jahr 1996, leitete den Management-Buyout im Jahr 1999 und brachte das Unternehmen im Jahr 2000 an die Börse. Während seiner 28-jährigen Amtszeit hatte er verschiedene entscheidende Rollen inne, darunter über 15 Jahre als CEO.
Der Vorstand hat A. Robert Pisano als interimistischen Vorsitzenden und David White als leitenden unabhängigen Direktor ernannt. Pisano, der seit 2002 Mitglied des Vorstands ist, drückte seine Dankbarkeit für Murrays Beiträge aus und hob dessen Vision und Verständnis der Branche für professionelle Dienstleistungen hervor.
- Smooth transition of leadership with immediate appointments of interim Chairman and Lead Independent Director
- Long-standing board members taking on new roles, ensuring continuity in leadership
- Departure of the company's founder and long-time leader, potentially impacting strategic direction
- Uncertainty surrounding permanent Chairman appointment
A. Robert Pisano Appointed as Interim Chairman
David White Appointed as Lead Independent Director
Mr. Murray founded the Company in 1996, as a venture-backed operating entity within a Big Four accounting firm. He led a management buyout of the Company in 1999, with the private equity firm, Evercore Partners, before leading the Company’s IPO in 2000. During his approximately 28-year tenure with the Company, Mr. Murray served in many critical roles, including as the Company’s Chairman since 1999, as the Company’s Managing Director and then CEO for more than 15 years, and as Executive Chairman of the Board for over two years. In connection with his resignation from the Board, Mr. Murray conveyed his appreciation for his time spent with the Company and wishes it much success.
Upon Mr. Murray’s resignation, the Board appointed A. Robert Pisano to serve as interim Chairman of the Board. Mr. Pisano has served as a director of the Board since 2002 and as Lead Independent Director since 2004. David White has been appointed to succeed Mr. Pisano as the Lead Independent Director of the Board.
Mr. Pisano said: “We are grateful for all of Don’s many contributions to the Company since its inception, including his vision, his keen understanding of the professional services industry, his strategic insights and his passion for helping clients solve their business issues. We wish our founder and friend the best of everything in the future.”
About RGP
Recently named among Forbes’ America’s Best Management Consulting Firms for 2024, RGP is a global consulting firm focused on delivering consulting execution services that power clients’ operational needs and change initiatives utilizing a combination of bench and on-demand, expert and diverse talent. As a next-generation human capital partner for our clients, we specialize in co-delivery of enterprise initiatives typically precipitated by business transformation, strategic transactions or regulatory change. Our engagements are designed to leverage human connection and collaboration to deliver practical solutions and more impactful results that power our clients’, employees’, and partners’ success.
We attract top-caliber professionals with in-demand skill sets who seek a workplace environment characterized by choice and control, collaboration and human connection. The trends in today’s marketplace favor flexibility and agility as businesses confront transformation pressures and skilled labor shortages even in the face of protracted economic uncertainty. Our client engagement and talent delivery model offer speed and agility, strongly positioning us to help our clients transform their businesses and workplaces. Our model is especially relevant at a time where cost reduction initiatives drive an enhanced reliance on a flexible workforce to execute transformational projects.
With approximately 3,400 professionals, we annually engage with 1,800 clients around the world from 38 physical practice offices and multiple virtual offices. We are their partner in delivering on the “now of work.” Headquartered in
The Company is listed on the Nasdaq Global Select Market, the exchange’s highest tier by listing standards. To learn more about RGP, visit: http://www.rgp.com. (RGP-F)
View source version on businesswire.com: https://www.businesswire.com/news/home/20240730808031/en/
Analyst Contact:
Jennifer Ryu
Chief Financial Officer
(US+) 1-714-430-6500
jennifer.ryu@rgp.com
Media Contact:
Pat Burek
Financial Profiles
(US+) 1-310-622-8244
pburek@finprofiles.com
Source: Resources Connection, Inc.
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