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CRGT Vet Charles Cosgrove Joins STG as CFO; Paul Fernandes Comments

STG logoCharles Cosgrove, formerly chief financial officer at systems integrator CRGT, will join Reston, Va.-based government contractor STG in the same role on Nov. 6.

“Cosgrove has the ideal combination of experience as a public company CFO with in-depth knowledge of the U.S. federal government and technology markets, ” Paul Fernandes, president and chief operating officer of STG, said Thursday.

“His financial leadership will be invaluable to us as we transition to the public markets through our business combination with Global Defense & National Security Systems (Nasdaq: GDEF) and he will play a major role in advancing STG’s growth strategy through organic business development and M&A, ” Fernandes added.

Acquisition firm GDEF merged with STG in June in a deal the companies valued at approximately $165.5 million in cash and stock.

Cosgrove is a 30-year finance veteran who oversaw the integration of two company acquisitions at CRGT before its merger with Salient Federal Solutions in August for an undisclosed amount.

Cosgrove served as CFO at Comtech Mobile Datacom before he joined CRGT.

He also held senior roles at government services contractors such as KBR (NYSE: KBR), Planning Research Corp. and Affiliated Computer Services.

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