Several executive moves this summer look to make a significant splash across the GovCon community.
Last Friday, Battelleâs Board of DirectorsÂ announcedÂ that Lewis âLouâ Von Thaer had been selected as President and CEO. The Board noted that Von Thaerâs extensive leadership experience across multiple disparate markets, such as engineering and intelligence, made him a natural choice to succeed the retiring Jeff Wadsworth. Wadsworth will be postponing his retirement by two years to stay with Battelle and work with Von Thaer toÂ âensureÂ strength of operations, implementation of a long-term growth strategy, and an orderly succession planning process.â Von Thaer previously served as CEO of DynCorp International.
DynCorp wasted no time in securing Von Thaerâs successor,Â announcingÂ lastÂ Friday that George Krivo would be appointed as the companyâs new CEO. Krivo had previously served as DynCorpâs Chief Operating Officer. Krivo is a nine-year veteran at DynCorp, where he oversaw profit-and-loss accounts for the firmâs contingency operations, intelligence and training functions, and operations and maintenance.
On Wednesday, L3 TechnologiesÂ announcedÂ that Christopher Kubasik is slated to succeed Michael Strianese as President, CEO and a board member effective January 1st, 2018. Robert Millard, Lead Independent Director of the Board, noted that Kubasikâs â30 years of experience in the defense industry positions him well to fill the CEO role seamlessly as L3 continues to expand and fulfill its vision.â Michael Strianese will retire from his role as President and CEO but will continue to serve as executive chairman of the board.
Fluor announcedÂ on TuesdayÂ that Bruce Stanski, President of Fluorâs government group,Â had beenÂ promotedÂ to Chief Financial Officer, effective August 4th. In his new role, Stanski will oversee Fluorâs finance, audit, investor relations, compliance, ethics and merger-and-acquisitions functions. Stanski succeeds Biggs Porter, who is retiring but will stay on as an advisor for NuScale Power, a Fluor-backed nuclear technology provider.
At the tail-end of June, Lisa Atherton wasÂ appointedÂ as Textron Systemsâ President and CEO. Atherton succeeds Ellen Lord, who was nominated as Undersecretary of Defense Acquisition, Technology and Logistics. Atherton had previously served as Executive Vice President of Military Business for Textronâs Bell Helicopter subsidiary. In her new role, Atherton will be responsible for executing current programs, generating future growth and next generation products and programs.
David Dacquino, Senior Vice President of Defense Business at Serco GroupâsAmericas division, wasÂ promotedÂ to Chairman and Chief Executive Officer of Serco Inc. in mid-June. Dacquino, a more than three-decade veteran of the GovCon industry,Â will succeedÂ Dan Allen in mid-2017.
At the beginning of June, it was announced the former secretary of the U.S. Air Force, Deborah Lee James, would be joining Bain & Company as a special advisor at the companyâs Washington, D.C. office. JamesÂ will adviseÂ aerospace, defense and government services customers and work to establish stronger relationships with âhigh-potentialâ individuals and companies.
Recently, Jim OâNeill came back to the GovCon industry from retirement and joined XiDroneÂ as an Equity Partner and Chief Strategy Officer. OâNeill held senior-level management positions at seven leading corporations, including Siemens Enterprise Communications Group and Northrop Grumman Information Technology. Currently, XiDrone is the sole counter-drone technology company toÂ obtainÂ U.S. patents for multi-sensor systems and is working on patents that integrate their multi-sensor system to disable small unmanned systems threats on land and sea.
As the summer wears on, we can expect to see more movement in the upper echelons of the GovCon industry, as well as new initiatives, programs and products borne of these changes in leadership.
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