2025 Energy, Resources, and Industrials Outlooks

Kate is the executive director of the Deloitte Research Center for Energy & Industrials and has worked in the energy industry for 25 years. She currently leads Deloitte’s research across energy and industrial manufacturing. Before that, she led integrated coverage of transportation decarbonization and the implications for the automotive and energy sectors at IHSMarkit. She has also developed global energy research for institutional investors and led analysis of Russian and Caspian energy developments at CERA. She is a member of the Council on Foreign Relations and has an MA/MBA from Yale University

As a vice chair and US energy and chemicals leader at Deloitte, Rick Carr has a history of working with clients to align signature industry issues with solutions that innovate, transform, and create improved operational and financial performance.

Carr has more than 30 years of experience in industry and consulting, leading and delivering business transformations, operational improvements, digital programs, M&A, and cost reduction programs with a focus on supply chain, operations and maintenance, and projects. His Deloitte leadership roles have included Deloitte Consulting Energy & Chemicals Sector Leader, Deloitte Energy, Resources & Industrials (ER&I) Consulting Sales Excellence, ER&I Consulting in Southeast Asia, and global ER&I supply chain and operations. 

As vice chair and US Power, Utilities & Renewable Sector Leader, Tom has a keen understanding of the trends impacting this sector with a focus on utility generation and distribution, gas transmission midstream activities and storage as well as nuclear generation, independent power production and renewable energy.

Tom is a partner at Deloitte & Touche LLP, leading several large energy clients from across the industry. His experience includes external audit, internal control audits, rate case filing reviews, and purchase accounting. He also has expertise in SEC requirements, including those associated with initial public offerings, and in ratemaking and other areas of regulatory accounting.

Tom is a proud graduate of the University of Notre Dame.

Steve is Vice Chair and US Industrial Products & Construction Sector Leader. With more than 26 years of experience in the industrial products space, he understands and has insight into the trends that can impact highly engineered product manufacturing companies and help drive performance improvements, such as through the use of advanced techniques and technologies.

Steve is a principal of Deloitte Consulting LLP, where his extensive expertise and leadership have been crucial in guiding clients through complex challenges and delivering innovative strategies that foster long-term success. He specializes in the development of transformational solutions that enable clients to reduce operational costs, improve productivity and drive growth.

He holds an MBA from the Anderson School at UCLA and a BS in electrical engineering from University of Illinois at Urbana-Champaign.

Kelly serves as vice chair and US Energy, Resources & Industrials (ER&I) Industry Leader and is responsible for a multi-billion-dollar revenue plan and investment decisions regarding accounts, talent and solution innovation. She leads the development and execution of our ER&I strategy, growth plans, innovation agenda and global collaboration.

Kelly Herod is a principal of Deloitte Consulting LLP and is an experienced executive with a track record of driving growth through setting business and enterprise level strategies, driving profitable operations and scaling and developing diverse talent. Prior to her current role, Kelly led our US SAP Technology practice and alliance.

She is frequently asked to speak at major marketplace conferences such as the World Economic Forum, Consumer Electronics Show, SAP’s Sapphire Conference, Reuter’s Global Energy Transition Conference as well as on The Female Quotient panels.

Kelly is an active member of the Dallas community. She is a member of Texas Christian University’s MBA Consulting Advisory Group and a Dallas ASCEND Global Leaders panelist and sponsor. She previously served on the board of the Children’s Chorus of Greater Dallas for 11 years, as the Strategy Chair and Vice-Chair.

Kelly is passionate about building the next generation of leaders, especially focused on inspiring children in STEM and advancing underrepresented leaders. She is featured in Ella the Engineer, a children’s comic book series created to inspire children and girls to pursue STEM.