Randy W. Shumway (born November 24, 1971) is the founder and CEO of Cicero Group. In 2017, he was recognized as CEO of the Year in Utah and received a Lifetime Achievement award from Utah Business. In 2019, Shumway was appointed to the University of Utah Board of Trustees and in 2021 was appointed to the Utah Homelessness Council. Shumway serves on multiple philanthropic as well as corporate boards.

Education

Shumway obtained his MBA from

Harvard Business School Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA p ...

, where he graduated in the top 5% of his class.

Business career

Shumway worked for Bain & Company as a Senior Associate prior to attending Harvard University. From 2010 to 2018 Shumway was the Economic Advisor to

Zions Bank Zions Bancorporation is a bank holding company headquartered in Salt Lake City, Utah. Zions Bancorporation originated as Keystone Insurance and Investment Co., a Utah Corporation, in April 1955. In April 1960, Keystone, together with several in ...

From 2012 to 2019 he was an adjunct professor at

University of Utah The University of Utah (U of U, UofU, or simply The U) is a public research university in Salt Lake City, Utah. It is the flagship institution of the Utah System of Higher Education. The university was established in 1850 as the University of De ...

David Eccles School of Business The David Eccles School of Business is located on the University of Utah campus in Salt Lake City, Utah. The school was founded as the "School of Commerce & Finance" in 1917 and subsequently changed its name to "School of Business" in 1927, althou ...

. He has also served on the board of the Utah Economic Council and the Utah Education Excellence Commission. Shumway was elected to a four-year term (2002–2006) on the Governing Board of the

Dublin Unified School District The Dublin Unified School District (DUSD) serves over 12,900 students, from preschool through adult education, in a diverse suburban environment. The district operates seven elementary schools, two middle schools, one K-8 school, one continuation ...

Alameda County, California Alameda County ( ) is a county located in the U.S. state of California. As of the 2020 census, the population was 1,682,353, making it the 7th-most populous county in the state and 21st most populous nationally. The county seat is Oakland. Al ...

. In early 2001, Shumway started Cicero Group, a data-driven strategy firm. Cicero Group is headquartered in

Salt Lake City, Utah Salt Lake City (often shortened to Salt Lake and abbreviated as SLC) is the Capital (political), capital and List of cities and towns in Utah, most populous city of Utah, United States. It is the county seat, seat of Salt Lake County, Utah, Sal ...

, with additional offices in

Dallas, Texas Dallas () is the third largest city in Texas and the largest city in the Dallas–Fort Worth metroplex, the fourth-largest metropolitan area in the United States at 7.5 million people. It is the largest city in and seat of Dallas County w ...

, and

Washington D.C. ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, Na ...

The firm has been recognized with such awards as: “No. 43 Fastest Growing Firms” in North America 2018 by ''Consulting'' magazine “Top 50 Consulting Firms” in North America 2018 by ''Vault.com'' * 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 Utah Department of Workforce Services Best Places to Work MountainWest 100 Fast50

Personal life

Shumway is married to the former Maureen Ryder, a pediatric nurse practitioner. They are the parents of five. 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 ''

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'' and ''

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...

'' on business and economic issues. 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: * "Why a Utah consulting firm wanted to be closer to Salt Lake's homeless shelter, soup kitchen" via
Deseret News
'. * "Finding Common Ground: An analytical approach to ending chronic homelessness" via
Harvard Business School Alumni Association
'.

References

{{DEFAULTSORT:Shumway, Randy American chief executives Harvard Business School alumni University of Utah faculty 1971 births Living people