Huron Consulting Group has announced the resignation of three of its executives, following notice by the Chicago-based consultancy firm that it is restating three fiscal years of financial statements on the heels of a financial scandal.

Chairman and CEO Gary Holdren, whose resignation became effective Aug. 3, will leave Huron at the end of August. Also departing the company are CFO Gary Burge, and Chief Accounting Officer Wayne Lipski.

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Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...