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Leadership Transition at ICF: New Roles Set for Growth

Leadership Transition at ICF: New Roles Set for Growth

ICF Announces Leadership Changes Supportive of Future Growth

ICF, a leading global solutions and technology provider, is putting significant changes in place as they move forward. Barry Broadus, the company’s chief financial officer (CFO), has informed ICF of his intention to retire after a commendable career that spans over 40 years in finance. His retirement is set for early March 2026, subsequent to the release of the company’s financial results for the year 2025. Under this transition, James Morgan, who has been serving as the chief operating officer (COO), will be stepping up to become the chief operating and financial officer (COFO).

James Morgan has a rich history with ICF, possessing over 30 years of leadership experience in firms that cater to both commercial and government clients. Since 2020, he has held the position of COO, during which time he has successfully led numerous critical transformations that enhanced the scalability and efficiency of the enterprise. His proactive approach has made substantial impacts, particularly in managing ICF's business acquisitions and divestitures. With his promotion to COFO, Morgan will not only oversee the financial strategy but will also underscore the importance of balancing financial discipline with innovative, strategic agility aimed at ensuring sustainable growth.

New President Anne Choate Poised for Growth

In addition to Morgan's new role, Anne Choate will ascend to the position of president at the start of 2026. Currently, as executive vice president, she has been pivotal in leading the energy, environment, infrastructure, and disaster recovery client markets at ICF. Under her guidance, the company has significantly bolstered its commercial energy practice, which is experiencing a remarkable growth rate that now accounts for approximately 30% of ICF's total revenue.

Choate brings with her an impressive track record during her 30-year tenure at ICF, having held various leadership roles within both the commercial and government sectors. As president, she will be tasked with leading all four client-facing business groups, as well as the business development organization. Her focus will be on maximizing growth opportunities across all market segments at ICF while integrating technology and artificial intelligence to improve client services and solutions.

Future Growth Strategies Under New Leadership

John Wasson, ICF’s chair and chief executive officer, expressed confidence in his leadership team's ability to drive further growth. "We are fortunate to have a strong, stable group of talented leaders like James and Anne," he stated, emphasizing their wealth of experience and insights as the company charts its course for the future. Together, they will be working closely with the executive leadership team and the board of directors to implement strategies focusing on organic growth, acquisitions, and overall financial performance, ensuring ICF remains well-positioned in its sectors.

Wasson further highlighted the importance of this leadership transition, stating that it would not only reinforce ICF's operational capabilities but also accelerate its growth strategy while enhancing excellence in service delivery.

About ICF

ICF stands at the forefront of providing global solutions and technology services, employing around 9,000 dedicated professionals. The organization prides itself on blending industry expertise with innovative engagement techniques to tackle the most complex challenges faced by both public and private sector clients. Since its inception in 1969, ICF has established itself as a trusted partner helping entities navigate change and proactively shape the future.

Frequently Asked Questions

Who is set to retire from ICF, and when?

Barry Broadus, the CFO, is set to retire in early March 2026.

Who will take over as CFO at ICF?

James Morgan, currently the COO, will assume the role of Chief Operating and Financial Officer.

What role will Anne Choate take on at ICF?

Anne Choate will be named President and lead ICF's client-facing business groups.

What has been James Morgan's role before becoming COFO?

James Morgan served as ICF's CFO from 2012 to 2020 before becoming COO.

What is ICF's focus as they move forward?

ICF aims to enhance its growth strategies and operational excellence under the new leadership.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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