Global consulting and digital services provider ICF announced Sudhakar Kesavan will retire from the company’s board of directors Dec. 31.
The board has approved a succession plan that appoints President and CEO John Wasson to the additional position of chairman of the board, effective Jan. 1.
Kesavan served as ICF board chair and CEO from 1999 until 2019, when he became executive chairman. He guided ICF through a period of expansion that included over 20 acquisitions and growth in annual revenues from $100 million to $1.5 billion.
“It has been an honor to lead ICF through its transformation over the past 20-plus years,” Kesavan said. “I have worked with and benefited from so many talented colleagues and I am proud of what we have accomplished together.”
Kesavan’s leadership and vision “have helped establish ICF as one of the most dynamic success stories in the industry, and it has been a privilege to work alongside him for over 30 years,” Wasson said.
“Sudhakar was instrumental in creating a strategy that has benefited all our stakeholders – our employees, our clients and our shareholders – and we are committed to continuing to execute on that strategy,” Wasson added.
The board is “extraordinarily grateful to Sudhakar for his incredible leadership, significant accomplishments, and strategic contributions that will have a lasting impact,” said Eileen Auen, lead independent director of ICF’s board of directors.