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.

Education

Shumway obtained his MBA from Harvard Business School, where he graduated in the top 5% of his class.[5]

Business career

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]

  • No. 4 overall consulting firm for internal mobility
  • No. 5 overall for supervisor mentorship
  • No. 12 boutique consulting firm
  • No. 40 overall consulting firm

Utah “Best of State” award

Utah Department of Workforce Services Best Places to Work[18]

MountainWest 100[19]

Fast50

Personal life

Shumway is married to the former Maureen Ryder, a pediatric nurse practitioner. They are the parents of five.[20] Their oldest son, Ian, joined their family as a foster son in 2000 when he was 14 years old and was later adopted.

Shumway writes for the Deseret News and Forbes on business and economic issues.[21][22]

Chronic homelessness has been an important social issue and area of local outreach for Shumway and Cicero Group. Recent articles that explore this work include:

References

  1. ↑ "Executive Profiles". Bloomberg Business. Retrieved 25 April 2017.
  2. ↑ "Randy Shumway: CEO of the Year". Utah Business. Retrieved 25 April 2017.
  3. ↑ "Randy Shumway appointed to U Board of Trustees | UNews". unews.utah.edu. Retrieved 2022-05-24.
  4. ↑ "Utah Homelessness Council - Members". homelessness.utah.gov. Retrieved 2022-05-24.
  5. ↑ "Marriott School of Business Alumni News". Retrieved 25 April 2017.
  6. ↑ "Executive Profiles". Bloomberg Business. Retrieved 25 April 2017.
  7. ↑ "The Current". Zionsbank.com. Retrieved 25 April 2017.
  8. ↑ "University of Utah News Center". University of Utah News Center. Retrieved 25 April 2017.
  9. ↑ "Governor's Economic Council". Utah Governor's Office of Economic Development. Retrieved 25 April 2017.
  10. ↑ Lee, Jason (25 September 2011). "Herbert challenges panel to create jobs plan". KSL News. Retrieved 25 April 2017.
  11. ↑ "Results as of Nov 15". League of Women Voters. Retrieved 25 April 2017.
  12. ↑ "Fastest Growing Firms 2018". www.consultingmag.com. Retrieved 2019-04-08.
  13. ↑ "Cicero Group|Company Profile|Vault.com". Vault. Retrieved 2019-04-08.
  14. ↑ "Utah Best of State - 2014". Utah Business Magazine. Retrieved 25 April 2017.
  15. ↑ "Utah Best of State - 2015". Utah Business Magazine. Retrieved 25 April 2017.
  16. ↑ "Utah Best of State - 2016". Utah Business Magazine. Retrieved 25 April 2017.
  17. ↑ "Utah Best of State - 2017". Utah Business Magazine. Retrieved 25 April 2017.
  18. ↑ "Utah Dept. of Workforce Services 2012 Work/Life Awards" (PDF). jobs.utah.gov. Retrieved 25 April 2017.
  19. ↑ "Cicero Group Honored With "MountainWest Top 100" Award". Yahoo Finance. Retrieved 25 April 2017.
  20. ↑ "Salt Lake Chamber Board of Governors". slchamber.com. Retrieved 25 April 2017.
  21. ↑ "Author: Randy Shumway". DeseretNews.com. Retrieved 25 April 2017.
  22. ↑ Shumway, Randy (7 December 2016). "Addressing our Aging Roads". Forbes. Retrieved 25 April 2017.
  23. ↑ Benson, Lee (2018-12-02). "Why a Utah consulting firm wanted to be closer to Salt Lake's homeless shelter, soup kitchen". DeseretNews.com. Retrieved 2019-04-08.
  24. ↑ "Finding Common Ground - Alumni - Harvard Business School". www.alumni.hbs.edu. Retrieved 2019-04-08.
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