Industry & Services >> CEO Interviews >> May 4, 2001

James Madden V – Exult Inc (exlt)

JAMES C. MADDEN V, is Chairman, President and Chief Executive Officer of Exult, Inc., a provider of comprehensive, Web-enabled integrated services designed to manage the entire human resources department for Global 500 corporations. As President and CEO since Exult's inception, Mr. Madden is responsible for setting the firm's strategy, building its overall business and client base, and overseeing the successful delivery of client solutions. His charter is to partner with client companies in a long-standing, value-based relationship, and to offer credentialed process delivery expertise that provides accelerated and tangible operational benefits. During his career, Mr. Madden has acquired in- depth knowledge of outsourcing, process design and consulting, software implementation, and operation of outsourcing solutions in markets including consumer products, manufacturing, high-technology, and financial services. He led the design and construction of one of the largest US-based shared service centers for finance, accounting, and HR functions for an $18 billion retail grocer. His clients have included Mattel, Toyota, FMC, American Stores, Vons, Bank of America, IBM, and United Airlines. Mr. Madden joined MCI's $2 billion outsourcing unit in 1993 as Vice President and Managing Director of the Los Angeles office, and then became General Manager of the company's Pacific Region in 1994. In 1995, he was named President of the US and Latin American Divisions, and became Corporate Chief Financial Officer in 1997. During his tenure there, Mr. Madden grew US-based revenues from $30 million to more than $800 million over a five-year period, and was responsible for developing and managing over $4 billion in long-term client outsourcing engagements. He also served as an active member of the executive steering committee for each major outsourcing client. Prior to MCI, Mr. Madden was a Principal at Booz-Allen & Hamilton, where he created and led the firm's IT and process reengineering practice in southern California. Mr. Madden began his career with Andersen Consulting, where he created and led Andersen's first outsourcing practice on the West Coast. Mr. Madden graduated magna cum laude from Southern Methodist University with degrees in Business and Geology. He has served as a board member for several global, professional service organizations including companies based in the US, UK and Canada. Additionally, he is a frequent speaker on technology-enabled business solutions, and sits on the advisory boards of several professional associations and university business programs. Profile
TWST: Would you begin by providing our readers with an overview of

Exult, Inc.?

Mr. Madden: Exult is a pure-play business-process outsourcer focused on

the human resource function for the