# Paul Marushka

> Paul Marushka is Sphera’s founding CEO and president and the author of Sustainable Success: How Businesses Win as a Force for Good. A former president of Marsh ClearSight, he partnered with Genstar Capital in 2016 to lead the business that became Sphera, which Blackstone agreed to acquire at a valuation of approximately $1.4 billion in 2021. His work focuses on sustainability, operational risk, software, data and decision-making.

- **Role:** Founding CEO and President at Sphera
- **Organizations:** Sphera, Marsh ClearSight (former), FICO (former), CCC Information Services (former), Hyde Park Institute, Northwestern Pritzker School of Law Law Board, Energy Policy Institute at the University of Chicago advisory group
- **Nationality:** American
- **Education:** A.B., University of Chicago, MBA, University of Chicago Booth School of Business, J.D., Northwestern University Pritzker School of Law
- **Known for:** Founding CEO and president of Sphera since its 2016 formation., EY Entrepreneur Of The Year 2021 Midwest Award winner., Led Sphera through the 2021 Blackstone transaction valuing the company at approximately $1.4 billion.

## Career timeline

- **Before 2016** — Held executive positions at FICO and CCC Information Services and served as president of Marsh ClearSight; exact chronology of the earlier positions is not established.
- **2016** — Partnered with Genstar Capital to lead the IHS Operational Excellence & Risk Management carve-out as president and CEO; the independent business became Sphera.
- **2021** — Blackstone announced an acquisition valuing Sphera at approximately $1.4 billion; Marushka received an EY Entrepreneur Of The Year Midwest Award.
- **2023** — Named among new Northwestern Pritzker School of Law Law Board members.
- **2024** — Led Sphera during its acquisition of SupplyShift.
- **2025** — Published Sustainable Success; Sphera announced a growth investment from Neuberger Berman Capital Solutions alongside majority investor Blackstone.
- **2026** — Continued Sphera’s AI strategy, including appointing CTO Chris Gutheil and promoting CMO Megan Geldman.

## Achievements

- Founding CEO and president of Sphera since its 2016 formation.
- EY Entrepreneur Of The Year 2021 Midwest Award winner.
- Led Sphera through the 2021 Blackstone transaction valuing the company at approximately $1.4 billion.
- Author of Sustainable Success: How Businesses Win as a Force for Good (Rivertowns Books, April 22, 2025).

## Latest updates

- **2026-05** — Sphera promoted Megan Geldman to chief marketing officer, working closely with Marushka on global marketing and its AI-first growth strategy.
- **2026-04** — Sphera’s London Innovation Days recap records an AI-focused keynote by Marushka and chief product officer Naved Siddique.
- **2026-02** — Sphera announced Chris Gutheil as CTO, reporting to Marushka, effective February 9.

## Links

- Website: https://sphera.com/company/leadership/paul-marushka/
- LinkedIn: https://www.linkedin.com/in/paulmarushka

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Profile page: https://yespress.io/paul-marushka
Published by YesPress — https://yespress.io
Last updated: 2026-10-16