Booz Allen Elevates Mark Gerencser to Managing Partner for Global Commercial Business

Mark Gerencser, Booz Allen Hamilton

Booz Allen Hamilton (NYSE: BAH) announced today it has elevated 30-year company veteran Mark Gerencser to managing partner for its global commercial business.

Gerencser most recently served as Booz Allen’s executive vice president, leading the firm’s efforts to solve complex energy, environment, transportation and infrastructure problems.

Booz Allen said Gerencser’s new post will be essential to driving growth in an era of declining defense and federal budgets.

“Firms with diverse market presence and the right capabilities are better positioned for future success in the changing and turbulent world that we all face,” Gerencser said Friday.

Gerencser has served six terms on Booz Allen’s board of directors and serves as chairman of the firm’s partnership committee.

Prior to assuming the EVP post, Gerencser created Booz Allen’s homeland security practice and lead its domestic and international public sector business.

He also created Booz Allen’s Infrastructure Center of Excellence.

In the early 2000s, Gerencser helped grow several of the technology and management consultant’s commercial businesses in the energy, consumer, financial services and healthcare industries.

One of Gerencser’s driving missions as EVP has been to maximize the results of collaboration between government, private sector and non-profit leaders.

In his best-selling book “Megacommunities“, Gerencser advocates that public, private and civil sector leaders must unite to solve the world’s most pressing problems.

In its earnings call today, Booz Allen released financial results for the third quarter of its 2012 fiscal year, reporting a 48 percent increase in adjusted earnings per share over the prior year period.