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James Morgado named CFO; former Deloitte and BCG alums Janet Foutty and Tom Reichert join Board of Directors
CHANDLER, Ariz., September 04, 2024--(BUSINESS WIRE)--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."