Sudhakar serves as chairman of the board of directors at ABM Industries, Inc. (NYSE: ABM), one of the largest facilities management companies in the U.S. He also serves on the Board of Trustees of the Inova Health System in Northern Virginia as well as the External Advisory Board of the Institute for Data, Systems and Society (IDSS) at the Massachusetts Institute of Technology. He is a member of the Board of Trustees of the Shakespeare Theatre Company in Washington D.C., and he is Board Member Emeritus for the Northern Virginia Technology Council (NVTC), an 1,100-member association for the technology community in Northern Virginia.
Sudhakar worked in the professional services industry for his entire career. He served as executive chairman of ICF, where he played a key role in defining the company’s strategy, including M&A activities, and in mentoring the next generation of senior ICF leaders. Prior to this, Sudhakar served as the company’s chief executive officer for over twenty years. He retired from ICF in December of 2020.
Sudhakar has been named a "Tech Titan" and "industry leader" by Washingtonian Magazine, and was inducted into the Washington Business Hall of Fame in 2014. In 2009, he was named “Executive of the Year” by the U.S. Professional Services Council. Sudhakar also led the effort for ICF to become the first professional services firm in the world to go carbon neutral.
Sudhakar holds a Master of Science degree from the Technology and Policy Program at the Massachusetts Institute of Technology. He holds a postgraduate diploma in management (equivalent to a Master of Business Administration) from the Indian Institute of Management, Ahmedabad, and a Bachelor of Technology degree (chemical engineering with distinction) from the Indian Institute of Technology (IIT), Kanpur. IIT Kanpur awarded Sudhakar the Distinguished Alumnus Award in 2010.
ICF (NASDAQ:ICFI) is a global consulting services company with over 7,000 full- and part-time employees, but we are not your typical consultants. At ICF, business analysts and policy specialists work together with digital strategists, data scientists and creatives. We combine unmatched industry expertise with cutting-edge engagement capabilities to help organizations solve their most complex challenges. Since 1969, public and private sector clients have worked with ICF to navigate change and shape the future. Learn more at icf.com.
Over the past two decades, ICF has executed against a steady, consistent strategy to:
(1) To grow its expertise and maintain a high record of excellence in its work;
(2) Bring a wider range of capabilities to clients; and
(3) Expand the types of clients and markets it serves.
In doing so, ICF has quietly become one of the most dynamic and unique success stories in the industry. While smaller in size relative to some of the big names in the services industry, ICF is growing faster than most in its peer group:
While its roots are in the government services space, ICF has progressively expanded and diversified its portfolio. Today the company counts approximately 40 percent of its revenue from commercial and private sector clients, a percentage that continues to increase. Its international and state and local businesses are among its fastest growing. Essentially, ICF has done something many of its peers aspire to but few have achieved: evolve from a government consultancy into a fully diversified, global services firm. In doing so ICF has achieved stable, consistent growth and is less reliant on federal contracting dollars.
In addition to its compelling set of offerings, ICF’s strong culture and values orientation also set it apart. ICF is often described as a “for-profit company with a non-profit soul.” With a disproportionate amount of its work directly focused on producing major improvements in areas such as health, education, energy and community development, ICF enjoys the ability to attract strong talent and maintain above-average employee turnover rates (13+ years among senior staff). More than 55% of the company’s leaders are female, and the company currently has equal pay across genders. ICF was also the first professional services firm to go carbon neutral in 2006, and the company continues to champion environmental sustainability and volunteerism as part of its corporate responsibility efforts.
ICF is on track to become a $6 billion business in the next decade without changing its fundamental strategy. Today, the company is well-positioned for continued growth in four key areas, and is accelerating the strategy by driving initiatives focused on leveraging creativity, innovation and technology as an integral element of its client experience:
Industry-leading experience in disaster management. ICF has helped state and local communities recover from some of the most devastating storms in history: Katrina, Maria, Irma, Harvey, Sandy. With more storms forecasted every year, ICF’s expertise and position as one of the only companies to have successfully managed large-scale recovery projects will ensure it will remain a critical partner to federal authorities and local communities.
· ICF has doubled its revenue every five years for the past 20 years
· Grown annual revenues from $100M in 1999, to $1.5B (forecasted) in 2019
· Exceeds all public peers in shareholder return since IPO from 2006-2018
· Transformed from a government services business to now include ~40% commercial revenue
· Grown 550 in employee count since 1999 to nearly 7,000 full and part time employees
· Has nearly 70 offices across the globe
· Named to Forbes list of America’s best management consulting firms for three years running
· Named to Forbes list of America's best midsize employers
· Named Outstanding Midsize Agency by PR Week
· Named Government Contractor of the Year by the Greater Washington GovCon Awards
· Won multiple Cannes Lions, Cannes Dolphins, Shorty, One Show, Telly, PR Week and SABRE awards
· Sudhakar was named a “Tech Titan” and industry leader by Washingtonian Magazine (2015)
· Sudhakar was inducted into Washington Business Hall of Fame in 2014.
· Sudhakar was named “Executive of the Year” by the U.S. Professional Services Council (PSC) in 2009
Copyright © 2022 Sudhakar Kesavan - All Rights Reserved.