Shumway worked for
Bain & Company as a senior associate prior to attending Harvard University. From 2010 to 2018 Shumway was the economic advisor to
Zions Bank From 2012 to 2019 he was an adjunct professor at
University of Utah's
David Eccles School of Business. He has also served on the board of the Utah Economic Council and the Utah Education Excellence Commission. Shumway was elected to a four-year term (2002–2006) on the Governing Board of the
Dublin Unified School District in
Alameda County, California. In early 2001, Shumway started Cicero Group, a data-driven strategy firm. Cicero Group is headquartered in
Salt Lake City, Utah, with additional offices in
Dallas, Texas, and
Washington D.C. The firm has been recognized with a number of awards, including Utah best in state between 2012 and 2017. == Personal life ==