Randy W. Shumway (born November 24, 1971) is the founder and CEO of Cicero Group. [1] In 2017, he was recognized as CEO of the Year in Utah and received a Lifetime Achievement award from Utah Business. [2] In 2019, Shumway was appointed to the University of Utah Board of Trustees [3] and in 2021 was appointed to the Utah Homelessness Council. [4] Shumway serves on multiple philanthropic as well as corporate boards.
Shumway obtained his MBA from Harvard Business School, where he graduated in the top 5% of his class. [5]
Shumway worked for Bain & Company as a senior associate prior to attending Harvard University. [6]
From 2010 to 2018 Shumway was the economic advisor to Zions Bank [7] From 2012 to 2019 he was an adjunct professor at University of Utah's David Eccles School of Business. [8] He has also served on the board of the Utah Economic Council [9] and the Utah Education Excellence Commission. [10] Shumway was elected to a four-year term (2002–2006) on the Governing Board of the Dublin Unified School District in Alameda County, California. [11]
In early 2001, Shumway started Cicero Group, a data-driven strategy firm. Cicero Group is headquartered in Salt Lake City, Utah, with additional offices in Dallas, Texas, and Washington D.C. The firm has been recognized with such awards as:
“No. 43 Fastest Growing Firms” in North America 2018 by Consulting magazine [12]
“Top 50 Consulting Firms” in North America 2018 by Vault.com [13]
Utah “Best of State” award
Utah Department of Workforce Services Best Places to Work [18]
MountainWest 100 [19]
Shumway is married to the former Maureen Ryder, a pediatric nurse practitioner. They are the parents of five. [20]
Shumway writes for the Deseret News and Forbes on business and economic issues. [21] [22]
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