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CGI Plans More Acquisitions to Push Business Expansion; George Schindler Comments

George Schindler

TYSONS CORNER, VA, Aug. 4, 2017 — CGI (NYSE: GIB) CEO George Schindler has said the company is looking into additional acquisitions to further drive its business expansion efforts following several deals over the past year, ExecutiveBiz reported Thursday.

CRN reported Wednesday that the company has more than 700 acquisition targets in its “active” pipeline based on the results of its annual Voice of the Client survey.

“Over 80 percent of that current funnel, and we’ll be adding to that, is generated from clients and business leaders, not just from investment bankers,” Schindler said in an earnings call, according to the report.

Schindler is a 2014 inductee into Executive Mosaic’s Wash100.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Headquarters are located in Tysons Corner, VA. www.executivemosaic.com

David Smith
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