Altus Group has announced several senior leadership changes as it enters a new phase of growth. Jim Hannon has stepped down as CEO and Director, with former CEO Mike Gordon returning as Executive Chair and slated to reassume the CEO role in early 2026. The company also confirmed that Raymond Mikulich will step aside as Chair while remaining on the Board.
Gordon said, “On behalf of the Board, I’d like to thank Jim for his vision, dedication, and tireless efforts over the years. He has played an integral role positioning Altus Group for the opportunity as a pure-play data and analytics platform.” Mikulich noted, “I believe it is time for new leadership and I am confident and fully supportive of Mike Gordon.” Alongside the leadership transition, the Board completed a strategic review that considered a wide range of options, including potential acquisition interest.
After evaluating multiple proposals, the Board concluded that remaining independent offers the best path to long-term shareholder value. The company has recently reorganized into a more efficient software- and analytics-focused business and is beginning a new product cycle expected to benefit from improving market conditions. Gordon added that the review strengthened the company’s priorities and momentum, stating he is “energized” to re-engage at what he described as an important moment for the firm.