Bruce Caswell, president of Maximus (NYSE: MMS) and general manager of the companyâs health services segment, has been selected by the board of directors to serve as CEO of the Reston, Virginia-based government services contractor in a move that takes effect April 1.
Caswell will succeed the retiring Richard Montoni, who will continue to serve as a senior adviser to the CEO, Maximus said Tuesday.
Peter Pond, chairman of Maximusâ board of directors, said Caswell is a well-respected leader in the investment community as well as in the execution of public policy reform initiatives and delivery of platforms in support of government programs.
Caswell is a more than 20-year public sector health and human services professional who joined Maximus in 2004 and assumed the president role in 2014.
Prior to Maximus, he worked at IBM (NYSE: IBM) and held senior leadership roles such as vice president of state and local government and education and director of federal business development.
He began his career at PwC within the professional services firm’s office of government services.
Caswell and Montoni were also nominated to serve as members of the board of directors.
Montoni, who assumed the CEO role in 2006, will also serve as vice chairman once re-elected at the companyâs annual shareholder meeting that is set to be held on March 14.
The company also announced that Wellington Webb, a 15-year director at Maximus, retired from the board.