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Terry DeRosa, formerly chief financial officer of IAP Worldwide Services, has been promoted to CEO at the Cape Canaveral, Florida-based government services contractor.
IAP said Thursday DeRosa held the CFO role over the past three years and led the company’s expansion and stabilization efforts as part of a company-wide reorganization in 2014.
He previously served as executive vice president and CFO of Boeing‘s (NYSE: BA) Kestrel Enterprises subsidiary and president of the electronics systems group at DRS Technologies, which Leonardo acquired in 2008.
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Robert Hargis, formerly vice president of IAP’s national security and technology business unit, will serve in the newly-created role of chief operating officer and will oversee operations of all business units at the company.
His previous roles have included operations vice president at Kestrel; deputy defense intelligence officer for global trends and projections at the Defense Department; and a member of the National Security Council.