Reston, Va.-based information technology contractor Data Networks Corp. has promoted three of its executives to new positions as the company marks a 40-percent compounded annual growth rate within the past seven years.
Chuck Olsick was appointed president, Cass Panciocco was named chief operating officer and Michele Bond will serve as senior vice president of federal health IT and civilian health programs, DNC said Jan. 28.
The company focuses on vertical markets in the federal government such as health IT, civilian programs and defense and intelligence.
Olsick, a 30-year federal sector veteran who joined DNC in 2006, most recently served as the company’s COO and will work on DNC’s strategic direction in his new role as president.
His career includes service as president and COO at Acton Burnell, a senior vice president role at CACI International (NYSE: CACI), and VP positions at Litton‘s applied technology division and for General Instrument‘s defense systems group.
As COO, Panciocco will manage DNC’s operations, business development work and strategic alliances.
Panciocco joined the company in 2013 as strategic programs VP and formerly served as a group president at Wyle Information Systems, COO for RS Information Systems and an EVP at SIGNAL Corp.
Bond, who has been with DNC since 2008, will oversee the company’s federal health IT and civilian business segments.
Prior to DNC, she led a business unit at Vangent and has also worked at companies such as Computer Sciences Corp. (NYSE: CSC), Standard Technology Inc. and BCE Emergis eHealth Solutions.
Her background also includes service as a medical service corps officer for the U.S. Navy.