Sharon Rowlands Praises New USIS CEO & President Peter Masanotti’s Reponse to Tough Market Conditions

Altegrity Inc. announced today it has appointed Peter Masanotti as president of CEO of U.S. Investigations Services, the largest commercial provider of federal background investigations, effective Nov. 7, 2011.

Masanotti will report directly to recently elected Altegrity CEO Sharon Rowlands.

Masanotti succeeds Bill Mixon who has served USIS since 2005 and will stay on through Masanotti’s transition before leaving the company to pursue new opportunities.

ExecutiveBiz recently spoke with Mixon about the changing security landscape and how to meet changing government needs on the heels of leading USIS to $2.7 billion in contract renewals.

Masanotti most recently served as president and CEO of MedQuist Holdings Inc. (NASDAQ: MEDH), a clinical documentation software and services provider, between 2008 and 2011.

MedQuist employes more than 14, 000 workers worldwide and Masanotti led the company through a successful initial public offering in January 2011.

Prior to 2008, Masanotti served as managing director and global head of business process outsourcing for Deutsche Bank.

“During his career, Peter has faced many of the same challenges we see in the federal marketplace today, such as price compression and fluctuating external market conditions, ” said Rowlands.  “He is known for successfully repositioning companies, leveraging changing external environments to create improved competitive positions and new business lines.”

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