C. Mark Hussey to Lead as Huron Announces CEO Transition

Effective Jan. 1, 2023, C. Mark Hussey, Huron's current president and chief operating officer, will succeed Roth. Hussey will become chief executive officer and president at that time. He will also join the Company's board of directors.

"Succession planning is one of the most important responsibilities of the board, and today's announcement is the culmination of a well-established, thoughtful transition process," said John F. McCartney, chair of Huron's board of directors. "Jim is a highly effective, principled and selfless leader who has skillfully navigated the firm through significant periods of disruption and transformation throughout his tenure. He has shaped the company, its market leading businesses and its unique culture into what they are today. I want to thank Jim for his service, and I look forward to working with Jim in his new capacity on the board and as he continues to support Huron's clients."

Roth was a founder of the Company in 2002 and has served as chief executive officer since 2009. Since becoming CEO, Huron has:

• Transformed into an integrated operating company committed to partnering with organizations facing significant disruption or regulatory change with a focus on serving the healthcare, education, financial services and energy and utilities industries;
• Nearly doubled the Company's annual revenues, achieving over $900 million in revenue in 2021;
• Grown from a U.S.-centric team of 2,000 individuals to a global organization with over 4,500 professionals; and Been named a "Best Firm to Work For" by Consulting magazine for 11 years in a row.
• The Company's leadership succession plan enables a smooth transition of the CEO role at the end of 2022. Roth will stay on Huron's board, serving as vice chairman. Roth will also continue to serve Huron's clients and enhance the Company's market presence, among other activities, in his new role.

"As the CEO for the past thirteen years, it has been the greatest privilege of my career to serve our clients, our people and our shareholders. Working side-by-side with the best team in the business to address some of the toughest challenges facing our clients has been a tremendous honor. I am incredibly grateful to everyone on the Huron team for their unwavering commitment to our clients, our business and to each other. Those attributes will continue to be the foundation of the company's success for many years to come," said James H. Roth, chief executive officer, Huron. "I look forward to continuing to serve our clients and support the Huron team in my new role as vice chairman."

"I have worked with Mark for over a decade, and I am thrilled that he will be Huron's next CEO. Mark is a humble, collaborative leader with deep strategic and operational expertise, and he has been a great partner in helping achieve Huron's success. I am extremely proud to transition the leadership of this company to such a capable and highly regarded leader. We are well-positioned to take advantage of the market opportunities that lie ahead, and Mark is an ideal executive to lead that charge," added Roth.

With more than 30 years of senior leadership experience, Hussey has served as the Company's president and chief operating officer of Huron since February 2019. During his 10-year tenure at Huron, he has also held the role of chief financial officer, treasurer, interim healthcare business leader and interim chief marketing officer. Hussey's leadership experience spans strategy, finance, accounting, planning, investor relations, operations, marketing, information technology and facilities.

"I am honored to serve as the next CEO of this incredible organization. Working with our highly talented team, I look forward to capitalizing on the significant market opportunities across our businesses," said C. Mark Hussey, president and chief operating officer, Huron. "I want to thank Jim for his steadfast partnership and his dedication to our clients, our team and our investors. He is a wonderful leader, mentor and colleague who inspires those around him to push boundaries, take risks and pursue excellence, together."

McCartney concluded, "Mark is broadly respected and admired by his colleagues as a strong collaborator, strategic thinker, and an individual who brings out the best in his teams. His significant leadership skills and deep knowledge of the Company's operations, personnel and clients gained in his roles as president, chief operating officer and chief financial officer make him the right leader for the next chapter of Huron's growth."

SOURCE: Huron