Icon (ICLR) announced that Steve Cutler has informed the board of his decision to retire as CEO and the board has appointed Barry Balfe, Icon’s COO, to succeed Cutler as CEO effective October 1. Balfe has also been appointed to the board. Cutler will continue to serve on the board as a non-executive director to facilitate a transition. Balfe has served as Icon’s COO since January. Prior to his appointment as COO, Balfe was appointed to the Icon executive leadership team in 2019 and served as president of functional services and then as president of Pharma Solutions.
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