Resources Global Professionals

RGP, formerly known as Resources Global Professionals, is the operating arm of Resources Connection, Inc. (NASDAQ:RECN). The company provides consulting services in the areas of finance & accounting; information management; governance, risk & compliance (GRC); human capital; legal & regulatory; corporate advisory & restructuring; strategic communications; and supply chain management. As of fiscal year ending May 28, 2016, the company employed 3,283 professionals in 68 offices in 20 countries around the world.[1] The company reported serving over 1,700 clients.[2] Company headquarters are located in Irvine, CA.

RGP
TypePublic
NASDAQ: RECN
FoundedIrvine, California (1996)
Headquarters17101 Armstrong
Irvine, California
Key people
Donald B. Murray, Founder and Chairman;
Kate Duchene, Chief Executive Officer & President
ServicesFinance, Accounting, Information Management, Corporate Advisory, Strategic Communications, Restructuring, Governance, Risk Management, and Compliance (GRC), Supply Chain Management, Human Capital and Legal & Regulatory Consulting Services
ParentResources Connection, Inc.
WebsiteRGP.com

History

Resources Connection, Inc. was founded in June 1996 by a team at Deloitte, led by Donald B. Murray, who was then a senior partner with Deloitte. The company operated as a part of Deloitte from June 1996 until April 1999 when a management-led buyout was completed in partnership with several investors. In December 2000, the company completed an initial public offering of common stock and began trading on the NASDAQ Stock Market.[3] Hoover's recognized the IPO as one of the ten best performing of that quarter.[4] The company now trades as one of the members of the NASDAQ Global Select index.[5]

In January 2005, the company changed its operating entity name to Resources Global Professionals to better reflect the Company's multinational capabilities.[6] The company operated solely in the United States until 2000, when it opened its first three international offices and began to expand geographically.

In December 2012, the company shortened Resources Global Professionals to RGP, and announced new sub-brands RGP Healthcare and RGP Legal.[7]

In June 2013, Donald B. Murray relinquished his position as the company's Chief Executive Officer, and Anthony Cherbak succeeded him as the company's new Chief Executive Officer. Murray remained in his role as Executive Chairman.[8]

In July 2015, the company announced Donald B. Murray will retire from his role as Executive Chairman at the end of August 2015, and remain Chairman of the Board.[9]

In December 2016, the company announced the promotion of Kate Duchene to President and Chief Executive Officer, effective December 19, 2016. Ms. Duchene had served as the company's Interim CEO since October 5, 2016, when Anthony Cherbak announced his unexpected retirement as CEO due to health considerations.[10]

Services

The company’s 2015 Annual Report lists the following services performed by the company:

  • Finance and Accounting Services
  • Information Management Services
  • Corporate Advisory, Strategic Communications and Restructuring Services
  • Corporate Governance, Risk and Compliance Management Services
  • Supply Chain Management Services
  • Human Capital Services
  • Legal and Regulatory Services

Awards and recognition

Company-wide recognition includes being named by Forbes as one of 2015’s 100 Most Trustworthy Companies in the US.[11] The company was also named to Forbes' Best Small Companies list for five straight years,[12] and in 2006 was named #61 on FORTUNE's list of Fastest Growing Companies.[13]

RGP offices are recognized as top workplaces in their regions. Recent recognition includes Orange County,[14] San Diego,[15] Texas,[16] Tulsa,[17] Arizona,[18] Tampa,[19] and Connecticut.[20]

References
  1. "Form 10-K for Resources Connection Inc" (PDF). shareholder.com. 2015-07-27. Retrieved 2015-07-30.
  2. "About Us". Resources Global Professionals. 2013-11-04. Retrieved 2013-11-04.
  3. "Resources Connection's IPO Brings in $78M". LA Times. 2000-12-16. Retrieved 2013-11-04.
  4. "Hoover's Online Year 2000 IPO Analysis". Hoover's Online. 2001-01-02. Archived from the original on 2013-11-16. Retrieved 2013-11-04.
  5. "NASDAQ Flashquote". NASDAQ.com. 2013-11-04. Retrieved 2013-11-04.
  6. "Resources Connection Announces Corporate Name Change to Resources Global Professionals". Resources Global Professionals. 2005-01-10. Retrieved 2013-11-04.
  7. "Resources Global Professionals Reveals New Website Domain--RGP.com--and TV Commercials". prnewswire.com. 2013-04-25. Retrieved 2015-07-30.
  8. "Resources Connection, Inc., Announces Promotion of Tony Cherbak to CEO Effective May 28, 2013; Don Murray Remains Executive Chairman". ir.rgp.com. 2013-04-24. Retrieved 2015-07-30.
  9. "RGP's Murray to Retire from Executive Chairman Role, Will Remain As Chairman of the Board". ir.rgp.com. 2015-07-16. Retrieved 2015-07-30.
  10. http://ir.rgp.com/releasedetail.cfm?ReleaseID=1005105
  11. "The 100 Most Trustworthy Companies In America". Forbes.com. 2015-03-30. Retrieved 2015-07-30.
  12. "Resources Global Professionals Named to Forbes Magazine's 200 Best Small Companies List in America for Fifth Consecutive Year". Resources Global Professionals. 2006-11-29. Retrieved 2013-11-04.
  13. "FORTUNE 100 Fastest Growing Companies". Fortune.com. Retrieved 2013-11-28.
  14. "Orange County Register Top Workplaces 2014". Orange County Register. Retrieved 2015-08-03.
  15. "2014 "Best Places to Work in San Diego"". San Diego Business Journal. Retrieved 2015-07-30.
  16. "2015 "Best Companies to Work for in Texas"" (PDF). bestcompaniestx.com. Retrieved 2013-11-04.
  17. "The Tulsa Business and Legal News' 2013 Employees' Choice Awards: Tulsa's Best Places to Work". rgp.com. 2015-07-07. Retrieved 2015-07-30.
  18. "2013 CareerBuilder Top Companies to Work For in Arizona". BestCompaniesAZ.com. 2013-11-04. Retrieved 2013-11-04.
  19. "2013 Best Places to Work rankings". rgp.com. 2013-04-19. Retrieved 2015-07-30.
  20. "Support, flexibility keys to RGP success". hartfordbusiness.com. 2013-05-22. Retrieved 2015-07-30.
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