Randy Shumway

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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