Insight Bolsters Leadership Team with New Executive Appointment and Two Board Members
September 03 2024 - 9:00PM
Business Wire
James Morgado named CFO; former Deloitte and
BCG alums Janet Foutty and Tom Reichert join Board of Directors
Insight Enterprises (NASDAQ: NSIT) today announced the
appointment of James Morgado to the role of chief financial
officer, effective Jan. 1, 2025. Morgado will report to Insight CEO
Joyce Mullen and, in January, will replace CFO Glynis Bryan, who
announced her intent to retire earlier this year.
Insight also announced that Deloitte alum Janet Foutty and ERM
CEO and Boston Consulting Group (BCG) alum Tom Reichert joined its
Board of Directors, effective Aug. 30. Foutty and Reichert add
considerable consulting and services expertise to the board at a
time when Insight is accelerating its progress toward becoming the
leading Solutions Integrator.
“As we gain traction in the Solutions Integrator category, I’m
excited to welcome new leadership to Insight that will strengthen
our business operations,” said Joyce Mullen, president and chief
executive officer, Insight. “James has been a key member of the
leadership team at Insight, and his appointment as CFO is a
testament to the succession-planning efforts we’ve worked on for
several years. I’m confident his demonstrated leadership and focus
on transformative results will drive both top- and bottom-line
growth for the company. Janet and Tom’s extensive services
experience will help steer Insight closer to our goal of helping
clients achieve the significant benefits of digital innovation
faster and more efficiently.”
Morgado currently serves as senior vice president and chief
financial officer for North America at Insight. In this role,
Morgado has been responsible for driving the company’s successful
efforts to increase its gross margins as part of Insight’s
commercial excellence initiative. Prior to Insight, Morgado was
vice president of finance for Synopsys Inc., where he led corporate
planning, FP&A, treasury, procurement, and supply chain
finance. He also served as vice president of finance for Juniper
Networks, where he built the reporting and analytics team and
helped design the system for corporate planning and sales
forecasting.
“Throughout my time at Insight, I have seen first-hand the
company’s success in defining a new category for the industry,”
said Morgado. “As a Solutions Integrator, we are investing in new
growth areas to help our clients digitally transform, and I’m
looking forward to playing a leading role in continuing to execute
against that strategy.”
Morgado will succeed Glynis Bryan who has served as Insight’s
CFO since 2007 and has been instrumental in shaping the
organization over the past 17 years. Bryan will continue to serve
as CFO through the end of the 2024 calendar year.
Coinciding with Morgado’s appointment, Insight expanded its
Board of Directors by adding Foutty and Reichert.
Foutty, who retired from Deloitte in September after more than
30 years with the company, is a distinguished senior business
leader, technologist, author, and frequent public speaker. She most
recently served as executive chair of the board of Deloitte US and
previously as CEO of Deloitte Consulting. During her time at
Deloitte, Foutty helped Deloitte transform in response to market
and technological disruptions, ultimately growing the business from
$7 billion to $10 billion. Foutty currently serves on various
not-for-profit boards, including Bright Pink, where she is Board
Chair, Argonne National Labs, and The Chicago Network.
Reichert is the CEO of ERM, the world’s largest specialist
sustainability consultancy, comprising over 8,000 experts across 40
countries. Prior to ERM, Reichert spent most of his career at BCG,
where his tenure culminated with his role as global leader of
DigitalBCG. He was also previously BCG’s Chair of North America. In
2020, Reichert was recognized as one of the Power Players of
Consulting by Business Insider, and Consulting Magazine named him
one of the industry’s top 25 most influential consultants in the
leadership category in 2014.
About Insight
Insight Enterprises, Inc. is a global Fortune 500 Solutions
Integrator helping accelerate transformation by unlocking the power
of people and technology. We architect, build, and manage solutions
for complex IT environments. Our digital transformation services
include deep expertise in cloud, data, AI, cybersecurity and
intelligent edge, augmented by longstanding relationships with
8,000+ technology partners. By quickly and effectively delivering
best-fit solutions, we help our clients simplify modern business
processes to improve customer and work experiences, business
intelligence, efficiency and growth. We’re rated as a Great Place
to Work, a Forbes World’s Best Employer and a Fortune World’s Best
Workplace. Discover more at insight.com. NSIT-M
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240903115356/en/
SCOTT WALTERS INSIGHT ENTERPRISES TEL. (480) 889-9798
EMAIL: SCOTT.WALTERS@INSIGHT.COM
Insight Enterprises (NASDAQ:NSIT)
Historical Stock Chart
From Aug 2024 to Sep 2024
Insight Enterprises (NASDAQ:NSIT)
Historical Stock Chart
From Sep 2023 to Sep 2024