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ICF Announces CFO Retirement & New Executive Leadership Roles
Prnewswire· 2025-10-30 20:05
Core Insights - Barry Broadus, CFO of ICF, will retire on March 1, 2026, after a 40-year career in finance, and will continue as a consultant for the company [2][3] - James Morgan, currently COO, will assume the role of Chief Operating and Financial Officer (COFO) upon Broadus's retirement, while Anne Choate will be named President at the start of 2026 [2][4] Leadership Changes - Barry Broadus has significantly contributed to ICF's financial capabilities and team building since joining in 2022 [3] - James Morgan has over 30 years of leadership experience and has been instrumental in ICF's business transformation and operational efficiency [4] - Anne Choate has led ICF's energy, environment, and infrastructure markets, expanding the commercial energy practice, which now accounts for approximately 30% of total revenues [5] Strategic Focus - The new leadership team will focus on executing organic growth, acquisitions, and financial strategies to enhance future growth and profitability [4][6] - Choate will lead ICF's client-facing business groups and business development, emphasizing technology and AI to improve client delivery [5]
ICF Updates Sightline®, Its Highly Adopted Utility Program Platform
Prnewswire· 2025-10-07 20:05
Core Insights - ICF has announced the next generation of its utility program platform, Sightline, which now includes enhanced AI capabilities for better customer program management [1][4] - The upgraded Sightline platform aims to provide utilities with a comprehensive view of customer programs, enabling data-driven decisions to optimize energy efficiency and grid performance [2][3] Company Overview - ICF is a leading global solutions and technology provider with approximately 9,000 employees, specializing in energy consultancy and demand management across North America [5][6] - The company collaborates with various utilities, energy developers, and government agencies to deliver end-to-end solutions in the energy value chain [5] Product Features - Sightline's new AI analytics can identify peak energy demand periods, suggest ways to alleviate grid stress, and tailor cost-effective energy efficiency programs for customers [2][3] - The platform supports rapid business intelligence and analytics, allowing utilities to design and manage customer programs more efficiently [3] Market Context - By 2030, energy demand is projected to rise by 25%, with peak electricity demand increasing by 14%, presenting challenges for utility program planning [4] - Sightline's modular design allows utilities to adapt to changing needs, streamline operations, and enhance customer engagement [4] Industry Impact - Over 90 utilities and government entities utilize Sightline for managing programs, forecasting distributed energy resource adoption, and evaluating demand-side management program effectiveness [4]
ICF Awarded Contract to Modernize Home Energy Systems Across Southern California
Prnewswire· 2025-08-25 20:05
Core Viewpoint - ICF has been awarded a $40 million contract to implement large-scale residential energy programs in six Southern California counties, aimed at improving energy efficiency and reducing strain on the electric grid [1][2]. Company Overview - ICF is a leading global solutions and technology provider with approximately 9,000 employees, specializing in energy programs and residential electrification [5]. - The company combines industry expertise with advanced technology to address complex challenges faced by public and private sector clients [5]. Contract Details - The contract, awarded in Q2 2025, focuses on integrating no-cost energy and electrification upgrades into existing home infrastructures [1][2]. - ICF will collaborate with local community organizations and trade allies to enhance indoor air quality, lower energy bills, and improve resilience to extreme heat [2]. Technology Utilization - ICF will utilize its Sightline® analytics platform to identify communities in need and monitor program performance [3]. - Advanced digital twin technology will be deployed to simulate and analyze the impact on the power grid before actual implementation [3]. Industry Context - The initiative addresses the growing tension between reliable power supply and affordability faced by communities across the country [4]. - ICF's extensive experience in energy programs positions it as a top provider in the utility sector, offering comprehensive services from strategy to customer engagement [4].