Horacio Rozanski, president and chief operating officer at Booz Allen Hamilton (NYSE: BAH), will succeed the retiring Ralph Shrader as chief executive of the McLean, Va.-based consulting firm on Jan. 1, 2015.
Shrader, a 40-year company veteran, will keep his role as chairman of the board of directors after he officially retires from the CEO role on Dec. 31 of this year, Booz Allen announced Monday.
He has led Booz Allen as chief executive for the past 15 years, leading the firm through its initial public offering and a commercial business spinoff, among other corporate initiatives.
Rozanski has been with Booz Allen since 1992 and started his career as a marketing and channel strategy consultant before holding the positions of vice president, chief personnel officer, and chief strategy and talent officer between 1999 and 2010.
“I have known Horacio since he was a rising partner in Booz Allen’s consumer products practice and had developed a strong reputation for business strategy and client service, ” Shrader said.
“In his client-facing and internal leadership roles, Horacio has gained the respect of management and staff at all levels, and of the Board and investment community, ” he added.
Rozanski spearheads a Vision 2020 strategy at the company with the goal of expanding the firm’s innovation portfolio, international market footrprint and professional development programs.
He holds a bachelor of business administration degree from the University of Wisconsin Eau Claire and an M.B.A. degree from the University of Chicago.