ICF's Kesavan to retire from company
By
Ross Wilkers
After nearly 37 years at ICF with 20 as CEO, Executive Chairman Sudhakar Kesavan announces his retirement from the company he led through growth and to the public markets.
ICF’s executive chairman, former chief executive and longtime stalwart Sudhakar Kesavan will retire from the board of directors on Dec. 31 to conclude his 37-year career at the technology consultant that included 20 as CEO.
Kesavan will be succeeded as chairman by CEO John Wasson through a succession plan approved by the board, ICF said Thursday.
Wasson’s term as chairman takes effect Jan. 1, slightly more than a year after he stepped into the CEO role and succeeded Kesavan there as well.
Kesavan’s tenure as CEO is marked by ICFs growth from $100 million to $1.5 billion, with at least 20 acquisitions along the way to support that expansion. He also led the company’s initial public offering in 2006.
Fairfax, Virginia-based ICF said Kesavan plans to remain active in advising organizations on governance and strategy issues. He is chairman of the board of directors at ABM and sits on the board of trustees for Northern Virginia’s Inova Health System.
With Kesavan’s departure, ICF’s board will reduce in size to eight members.