ICF names next CFO, current finance chief to take new role

ICF appoints its next chief financial officer and its current CFO will shift into a newly-created position.

ICF has appointed a new chief financial officer as the current CFO will shift to a new position at the Fairfax, Virginia-based global technology consulting firm.

Bettina Welsh, who joined ICF as a senior vice president in September, has been named the company’s next CFO in a move effective Saturday. Current CFO James Morgan will move into the newly-created role of chief of business operations on that date after seven years as ICF’s finance chief.

This announcement comes nearly four months after ICF saw a change at the very top, when current board of directors chairman and former longtime CEO Sudhakar Kesavan decided to step back from that role and was succeeded by John Wasson.

Morgan will be responsible for business operations and transformation efforts across various corporate functions and initiatives, as well as oversee ICF’s new acquisition integration office and redesigned project management office. He will continue to lead the company’s merger-and-acquisition program, contracts, procurement, administration and corporate IT activities.

That integration office has been stood up in the wake of ICF's $255 million acquisition of Incentive Technology Group, which closed Jan. 31.

Welsh was most recently CFO at LMI and prior to that spent 17 years at Leidos, including time when the latter was known as Science Applications International Corp. prior to the 2013 split. She is also a 13-year veteran of PriceWaterhouseCoopers.

ICF also announced Executive Vice President Sergio Ostria as head of its new client services and innovation team. He will be succeeded by Senior Vice President Anne Choate as head of the energy, environment and infrastructure business.