Brian J. Clark, president at NCI (Nasdaq: NCIT) for three years, will succeed Charles K. Narang as CEO of the information technology services provider on Oct. 1.
Narang, who has held the chairman and CEO roles since 1989, will become non-executive chairman once he steps down from his post, the company said Wednesday.
âI will continue to stay connected to this great company as chairman of the board, although I will hand the day-to-day operations of NCI over to Brian, â said Narang, who founded the Virginia-based firm in 1989.
Clark, who will continue to hold the title of president, said the company plans to evaluate potential opportunitiesÂ acquisitions and explore other growth strategies in an effort to build upÂ shareholder value.
Clark sits on the companyâs board of directors and previously served as chief financial officer, executive vice president and treasurer at NCI between April 2011 and December 2011.
Before NCI, he spent four years at IT services contractor Stanley Inc.Â as EVP, CFO and treasurer until CGI GroupÂ (NYSE: GIB) acquired the firm in 2010.
He also worked for five years at Titan Corp., where he was responsible for overseeingÂ mergers and acquisitions, equity joint ventures and divestitures as vice president of strategic transactions.