Dan Varroney has quietly resigned as president and CEO of the Association for Corporate Growth, a trade group that represents over 11,000 mid-market corporations, buyout firms, finance firms and professional services organizations.
The move was first disclosed in a letter to members and was said to be “by mutual consent.” Varroney is now seeking work as a lobbyist in Washington, D.C. In the meantime, ACG has named CFO Bradley Hughes as interim president, and the association is interviewing both internally and externally for a permanent replacement.
The trade group was founded in 1954 and spent its first 51 years run by an association management firm. In 2005, however, steep membership growth prompted the group’s board to search for a full-time president and CEO, and the board selected Varroney. He previously had been with the National Association of Manufacturers as senior vice president of two different divisions within the trade association.
ACG Chairman Paul Stewart, a partner at