Philadelphia-based firm Drucker & Scaccetti announced that its new management committee, which notably consists of all nonfounding shareholders and an all-women C-suite for the first time in its 31-year history, will begin its tenure Jan. 1, 2022.
“From our inception in 1990, the goal of the founders has been to offer to our up-and-coming team the same opportunities that we were provided,” said CEO & co-founder Jane Scaccetti (pictured), in a statement, “which is a purpose of building a legacy and continuing Drucker & Scaccetti into the future. I’m incredibly excited and positive about this next chapter in our firm’s future.”
As Scaccetti’s seven-year term as CEO was set to end in 2021, the firm said it has been planning the leadership change for the past two years. Scaccetti's role will transition to a firm ambassador, also effective Jan. 1, 2022.
“Our firm has grown substantially and experienced incredible change," Scaccetti said in a statement. "We sought to create a governance structure that could adapt alongside the change, quickly adjust to the evolving needs of our clients, and ensure our talented people have the tools and knowledge to thrive in a dynamic environment. To meet those needs, the shareholders developed a management committee to oversee day-to-day operations and a board of directors to advise on strategic initiatives and maximize the effectiveness and success for of all of our team members.”
The new management committee features three business officers, whose responsibility will include overall firm decision-making, operations management, and strategic performance. The committee includes:
- Dottie Leonardi, chief business officer;
- Rosalind Sutch, chief growth officer; and,
- Diane DeCesare, chief knowledge officer.
A board of directors will also be established to oversee firm strategy and manage accountability for its execution. The board's chair, Geoffrey Mesko, will serve as liaison between the board and the chief business officers.
More information on the announcement is available on Drucker & Scaccetti's