Randy Shumway Explained

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

• Eight consecutive awards since 2012^{[14] [15] [16] [17]}

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

MountainWest 100^[19]

Personal life

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]}

Notes and References

1. Web site: Executive Profiles. Bloomberg Business. 25 April 2017.
2. Web site: Randy Shumway: CEO of the Year. Utah Business. 25 April 2017.
3. Web site: Randy Shumway appointed to U Board of Trustees UNews . 2022-05-24 . unews.utah.edu . en-US.
4. Web site: Utah Homelessness Council - Members . 2022-05-24 . homelessness.utah.gov.
5. Web site: Marriott School of Business Alumni News. 25 April 2017.
6. Web site: Executive Profiles. Bloomberg Business. 25 April 2017.
7. Web site: The Current . Zionsbank.com . 25 April 2017.
8. Web site: University of Utah News Center . University of Utah News Center . 25 April 2017.
9. Web site: Governor's Economic Council . Utah Governor's Office of Economic Development . 25 April 2017.
10. News: Lee . Jason . 25 September 2011 . Herbert challenges panel to create jobs plan . KSL News . 25 April 2017.
11. Web site: Results as of Nov 15 . League of Women Voters . 25 April 2017.
12. Web site: Fastest Growing Firms 2018. www.consultingmag.com. en. 2019-04-08.
13. Web site: Cicero GroupCompany ProfileVault.com. Vault. en. 2019-04-08.
14. Web site: Utah Best of State - 2014. Utah Business Magazine. 25 April 2017.
15. Web site: Utah Best of State - 2015. Utah Business Magazine. 25 April 2017.
16. Web site: Utah Best of State - 2016. Utah Business Magazine. 25 April 2017.
17. Web site: Utah Best of State - 2017. Utah Business Magazine. 25 April 2017.
18. Web site: Utah Dept. of Workforce Services 2012 Work/Life Awards. jobs.utah.gov. 25 April 2017.
19. Web site: Cicero Group Honored With "MountainWest Top 100" Award. Yahoo Finance. 25 April 2017.
20. Web site: Salt Lake Chamber Board of Governors. slchamber.com. 25 April 2017.
21. Web site: Author: Randy Shumway. https://web.archive.org/web/20130418205049/http://www.deseretnews.com/author/22835/Randy-Shumway.html. dead. April 18, 2013. DeseretNews.com. 25 April 2017.
22. News: Shumway. Randy. Addressing our Aging Roads. 25 April 2017. Forbes. 7 December 2016.