RGP Announces New Leaders of On-Demand Talent and Consulting Business Units

Rhea-AI Summary

Resources Connection (Nasdaq: RGP) announced leadership changes in its On-Demand Talent and Consulting business units. Michael Lane joins as President of On-Demand Talent, and Jon Bohlman is promoted to President of Veracity Consulting. Lane comes from Eliassen Group, where he was Chief Revenue Officer, contributing to significant growth and operational excellence. Bohlman, co-founder of Veracity Consulting, has been with RGP since 2019. CEO Kate Duchene emphasized the need for clarity and focus on three core offerings: On-Demand Talent, Consulting, and Outsourced Services. These changes aim to optimize strategies and enhance RGP's market position.

Positive

• Michael Lane's appointment as President of On-Demand Talent brings a wealth of experience from Eliassen Group, where he drove significant growth.
• Jon Bohlman's promotion to President of Veracity Consulting leverages his extensive 28-year career in consulting and deep expertise in management and digital consulting.
• RGP's strategic focus on three core business offerings: On-Demand Talent, Consulting, and Outsourced Services, aims to enhance market position and operational efficiency.
• CEO Kate Duchene's commitment to building clarity and driving focus around core business units.

Negative

• No immediate financial metrics or specific growth targets announced, leaving potential uncertainty about the impact of these leadership changes.
• The press release lacks concrete details on how these leadership changes will directly address current business challenges or improve financial performance.

IRVINE, Calif.--(BUSINESS WIRE)-- Resources Connection, Inc. (Nasdaq: RGP) (“RGP” or the “Company”), today announced that the Company has named the leaders of its On-Demand Talent and Consulting business units.

Michael Lane has joined the Company as President, On-Demand Talent and Jon Bohlman has been promoted to the role of President, Veracity Consulting. Mairtini Ni Dhomhnaill will continue to lead the firm’s third core business unit as founder of Countsy.

“As we continue to grow and evolve our business by adding differentiated engagement models and solutions, we have committed to building clarity and driving focus around our three core business offerings of On-Demand Talent, Consulting, and Outsourced Services,” said Kate W. Duchene, Chief Executive Officer. “I’m pleased to welcome Mike to RGP as he takes on this important new role of leading our On-Demand Talent team. I’d also like to congratulate Jon on his well-deserved promotion to lead our evolving consulting business that is bringing digital experience and functional expertise together. Along with Mairtini, Mike and Jon will help us develop and implement tailored strategies to optimize each unique business unit, foster cross-selling, and enhance our position in the marketplace.”

Mr. Lane joins RGP from Eliassen Group, where he served as Chief Revenue Officer and played a key role in transforming the organization’s sales and delivery functions. His strategic vision and leadership were instrumental in driving significant growth and operational excellence, enhancing client satisfaction, and expanding market reach at the firm.

“Mike brings a wealth of experience and proven track record of success in professional services organizations,” said Bhadresh Patel, Chief Operating Officer. “His expertise, leadership, and commitment to excellence will be great contributions as we optimize sales and delivery functions for our On-Demand Talent business.”

Mr. Bohlman co-founded Veracity Consulting in 2015 and has served as Chief Operating Officer of the business unit since its acquisition by RGP in 2019. He will continue to play a pivotal role in the growth of RGP’s consulting business.

“As someone who has spent his entire 28-year career in the consulting space, Jon is ideally suited to lead our consulting business unit,” continued Mr. Patel. “I’ve worked in close partnership with Jon for over a decade and I know his extensive background in management and digital consulting, change management and transformation will be invaluable as we scale our consulting business.”

Ms. Ni Dhomhnaill will continue to lead the Countsy business, which remains a strong contributor to RGP’s growth as the preferred outsourced finance, accounting and HR solution for startups, scaleups, and spinouts.

ABOUT RGP

Named among Forbes’ America’s Best Management Consulting Firms for 2024, RGP is a global consulting firm focused on project execution services that power clients’ operational needs and change initiatives utilizing 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’, consultants’ 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 macroeconomic contraction. Our client engagement and talent delivery model offers speed and agility, strongly positioning us to help our clients transform their businesses and workplaces, especially at a time where cost reduction initiatives drive an enhanced reliance on a flexible workforce to execute transformational projects.

We serve over 1,800 clients around the world with approximately 3,600 professionals collectively engaged from 38 physical practice offices and multiple virtual offices. Headquartered in Irvine, California, we are proud to have served 88% of the Fortune 100.

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/20240613562114/en/

Media Contact:

Pat Burek

Financial Profiles

(US+) 1-310-622-8244

pburek@finprofiles.com

Investor Contact:

Jenn Ryu, Chief Financial Officer

(US+) 1-714-430-6500

jenn.ryu@rgp.com

Source: Resources Connection, Inc.

FAQ

Who is the new President of On-Demand Talent at RGP?

Michael Lane has been appointed as the new President of On-Demand Talent at RGP.

Who is the new President of Veracity Consulting at RGP?

Jon Bohlman has been promoted to President of Veracity Consulting at RGP.

What are the core business offerings of RGP?

RGP focuses on three core business offerings: On-Demand Talent, Consulting, and Outsourced Services.

What is Michael Lane's background before joining RGP?

Michael Lane was previously the Chief Revenue Officer at Eliassen Group, where he was instrumental in driving growth and operational excellence.

What role did Jon Bohlman have at Veracity Consulting before his promotion?

Jon Bohlman co-founded Veracity Consulting in 2015 and served as Chief Operating Officer since its acquisition by RGP in 2019.

Who continues to lead the Countsy business unit at RGP?

Mairtini Ni Dhomhnaill continues to lead the Countsy business unit at RGP.