David Savner to Co-Chair Engility Board Upon TASC Deal’s Closure; Tony Smeraglinolo Comments

Engility-David Savner, a board member at Engility Holdings (NYSE: EGL) since 2012,  will serve as a non-executive co-chairman of the company’s board of directors upon its $1.1 billion acquisition of TASC.

Engility said Tuesday Savner will lead the board with current TASC Chairman Peter Marino after the deal closes, which could occur within the current quarter of this calendar year.

Current Board Chairman Edward “Pete” Boykin does not plan to stand for re-election at the annual stockholders’ meeting in May.

Tony Smeraglinolo
Tony Smeraglinolo

Tony Smeraglinolo, president and CEO of Engility, said Boykin helped guide the company through its 2012 spinoff from L-3 Communications (NYSE: LLL) and acquisitions of both Dynamics Research Corp. and TASC.

The acquisition will grow Engility’s board to 11 directors and result in a non-executive co-chair leadership structure, Engility said.

TASC’s owners will nominate four directors and Engility will have control over the other seven slots.

Savner is also currently chairman of the company’s nominating and corporate governance committee and a partner with Jenner & Block.

He served as senior vice president, general counsel and secretary at General Dynamics (NYSE: GD) between 1999 and 2009.

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