London, 1 April 2026 – ERM today announced that Tom Reichert will step down as Chief Executive Officer effective April 15, after leading the company since January 2022 through an important phase of development and growth. Sabine Hoefnagel will serve as Interim CEO while the Board conducts a search for a permanent successor. To provide additional continuity during this transition period, Andy Boland, Chief Financial Officer, will continue to work closely with Sabine and the broader leadership team to drive operational and commercial execution across the company. Tom will support the leadership transition and remain engaged with ERM in an advisory capacity to help ensure continuity.

Tom Reichert said: “It has been a privilege to lead ERM during such an important period in the company’s development. I am incredibly proud of what our teams have accomplished together and the impact ERM continues to have supporting organisations on their sustainability journeys. With the strong foundation we have built, I believe now is the right time to transition leadership as ERM looks ahead to its next chapter. I look forward to supporting a smooth transition.”

Bill Theofilou, Executive Chair of ERM, said: “On behalf of the Board, I want to thank Tom for his leadership and the important contribution he has made to ERM’s success. Under Tom’s leadership, ERM has strengthened its global platform, deepened its client relationships and enhanced its capabilities across key growth areas. As the company continues to evolve and execute on its long-term strategic priorities, we are focused on identifying the right leader to guide ERM through its next phase of growth. Sabine brings deep institutional knowledge, strong leadership experience and trusted relationships across the organisation and with our clients.”

Sabine Hoefnagel said: “It is an honour to step into the role of Interim CEO and continue working alongside our exceptional teams around the world. ERM has a unique platform and extraordinary talent, and I am focused on maintaining our momentum and continuing to deliver outstanding outcomes for our clients. I look forward to working closely with Andy and the broader leadership team to ensure a seamless transition and continued execution of our strategy.”

Rami Bibi, Managing Director and Head of Europe for Global Impact at KKR, added: “ERM has built a uniquely strong platform at the intersection of sustainability, risk and transformation. We would like to thank Tom for his leadership and the strong foundation he has helped build. With Bill’s appointment as Executive Chair, Sabine stepping in as Interim CEO, and Andy’s continued support as CFO, we have strong confidence in the leadership and direction of the company as it enters its next phase. We are confident ERM will continue delivering exceptional value for its clients and partners.”

 

— Ends —

 

About ERM

Sustainability is our business.

As the world’s largest sustainability consultancy, ERM partners with clients to operationalize sustainability at pace and scale, deploying a unique combination of strategic transformation and technical delivery capabilities. This approach helps clients accelerate the integration of sustainability at every level of their business.

With more than 50 years of experience, ERM’s diverse team of 8,000+ experts in 40 countries and territories helps clients create innovative solutions to their sustainability challenges, unlocking commercial opportunities that meet the needs of today while preserving opportunity for future generations. Learn more here.