# Jim Madden

> Jim Madden is the co-founder and co-CEO of Carrick Capital Partners and chairman of Genpact’s board. He previously founded Exult, an HR outsourcing business that went public in 2000 and merged with Hewitt in 2004. His public writing focuses on leadership and effective boards; outside business, he competes in sailboat racing under the Stark Raving Mad name.

- **Role:** Co-CEO & Co-Chair Investment Committee at Carrick Capital Partners
- **Organizations:** Carrick Capital Partners, Genpact, Exult, General Atlantic, Accretive, SHL Systemhouse, Booz Allen Hamilton, Accenture, DailyPay, Everspring, Flatiron School, LegalSifter, OnPay, Veritas Prime
- **From:** Oyster Bay, United States
- **Nationality:** American
- **Education:** BBA in finance and BA in geology, Southern Methodist University, Webb Institute of Naval Architecture
- **Known for:** Built Exult to more than $500 million in revenue in six years, according to Carrick’s biography., Recipient of the 2002 Outsourcing World Achievement Award, as listed on his LinkedIn profile., His sailing team’s wins include Key West Race Week in 2008 and 2010 and the Rolex Swan Cup in 2013.

## Career timeline

- **Early career** — Started at Andersen Consulting; subsequently held roles at Booz Allen Hamilton and SHL Systemhouse.
- **1998** — Founded Exult and became chairman and CEO.
- **2000** — Led Exult’s initial public offering.
- **2004** — Exult merged with Hewitt.
- **2005** — Joined Genpact’s board; served as a special advisor to General Atlantic.
- **2007-2011** — Partner at Accretive.
- **2012** — Co-founded Carrick Capital Partners with Marc McMorris.

## Achievements

- Built Exult to more than $500 million in revenue in six years, according to Carrick’s biography.
- Recipient of the 2002 Outsourcing World Achievement Award, as listed on his LinkedIn profile.
- His sailing team’s wins include Key West Race Week in 2008 and 2010 and the Rolex Swan Cup in 2013.

## Latest updates

- **2026-08** — Carrick announced an approximately $600 million Saviynt continuation vehicle and $255 million in new investment on August 31.
- **2025-10** — Carrick announced a $31.5 million investment in Veritas Prime on October 22; Madden is listed on its board in his current Carrick biography.
- **2025-01** — Carrick led OnPay’s $63 million Series B, part of more than $100 million in combined equity and debt funding.

## Links

- Website: https://stark-raving-mad.com/
- LinkedIn: https://www.linkedin.com/in/jim-madden-a4aab59

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Profile page: https://yespress.io/jim-madden
Published by YesPress — https://yespress.io
Last updated: 2026-10-08