Insight Enterprises, Inc. (Nasdaq: NSIT) has announced significant changes to its leadership team and board of directors. James Morgado has been appointed as the new chief financial officer, effective January 1, 2025, succeeding Glynis Bryan, who has served as CFO since 2007. Morgado, currently the senior vice president and CFO for North America, has been credited with driving the company's efforts to increase its gross margins as part of Insight's commercial excellence initiative.
In addition to the executive appointment, Insight has expanded its Board of Directors by adding Janet Foutty and Tom Reichert. Foutty, a former Deloitte executive with over 30 years of experience, is known for her role in helping Deloitte grow its business from $7 billion to $10 billion. Reichert, the CEO of ERM, brings extensive expertise in sustainability consultancy and digital transformation, having previously held leadership roles at Boston Consulting Group.
These changes come at a time when Insight is accelerating its progress towards becoming the leading Solutions Integrator. The company's focus on digital innovation and transformation is reflected in its dedication to strengthening the leadership team and board with individuals who bring extensive consulting and services expertise.
Insight's CEO, Joyce Mullen, expressed confidence in the new appointments, stating that she is excited to welcome new leadership that will strengthen the company's business operations. The transition in the CFO role and the addition of experienced board members signal Insight's commitment to driving both top* and bottom-line growth as it continues to define a new category for the industry as a Solutions Integrator. Today the company's shares have moved -6.8% to a price of $202.36. For more information, read the company's full 8-K submission here.
