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Tag Archives: pwc

Veritas Capital to Buy PwC’s US Public Sector Business

Veritas Capital has agreed to purchase the U.S. public sector business of PwC for an undisclosed sum. Veritas said Wednesday it will rename and run the business as an independent company once it finalizes the transaction and completes regulatory approvals and other customary closing conditions. The U.S. public sector business will …

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Jonathan Alboum Named Public Sector CTO at Veritas Technologies

Jonathan Alboum, former chief information officer at the Agriculture Department, has joined Veritas Technologies as chief technology officer of the Mountain View, California-based data management company’s public sector business. Veritas said Tuesday Alboum will aim to help government clients manage, secure and identify business value from data on premises or in multicloud environments. In …

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PwC: Global Aerospace, Defense M&A Hit $72B in 2017

A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector reached $72 billion in 2017, exceeding the previous record of $67 billion set in 2015. PwC reported that A&D companies worldwide recorded 454 M&A transactions last year with an average deal size of $411 million. Significant …

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Former Engility Exec Richard Harkey Joins WBB as SVP, CFO; Robert Olsen Comments

Richard Harkey, former vice president, chief accounting officer and corporate controller at Engility (NYSE: EGL), has joined Whitney, Bradley & Brown as senior VP and chief financial officer. Harkey will oversee WBB’s contracts, finance, information technology operations and facilities in his new role, the company said Tuesday. “Rich is a …

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Bruce Caswell to Succeed Richard Montoni as Maximus CEO

Bruce Caswell, president of Maximus (NYSE: MMS) and general manager of the company’s 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, …

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Retired Navy Vice Adm. Carol Pottenger Joins Serco’s US Board; Dave Dacquino Comments

Carol Pottenger, a retired U.S. Navy vice admiral and former senior U.S. flag officer at NATO, has joined the board of directors at Serco Inc., the British contractor’s Americas region subsidiary. Her 36-year military career has included roles such as division officer, department head, executive officer and commanding officer aboard combat …

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IBM Vet David Hathaway Named Vectrus IT, Network Comm Services SVP

David Hathaway, formerly vice president, partner and head of defense and intelligence industry team at IBM’s (NYSE: IBM) global business services unit, has joined Vectrus (NYSE: VEC) as senior VP for information technology and network communication services, GovConWire has learned. Hathaway oversees the development and implementation of network communications and …

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Executive Mosaic’s Weekly GovCon Round-up: Recent M&A Activity in the GovCon Market

Weekly Roundup December 11 – December 15 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson For this week’s roundup we’re taking a look at the current landscape of M&A activity in the government contracting market. 2017 is coming to a close and the …

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Report: PwC Mulls Sale of Govt Consulting Practice

PwC is considering selling the financial auditing and consulting firm’s government consulting practice that could be valued at approximately $500 million, Reuters reported Saturday. Sources told Reuters PwC expects the planned transaction to help the company pursue growth opportunities in providing auditing services to government agency clients and has tapped …

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Nate Carey Promoted to VP, Controller at Ball Corp.

Nate Carey, formerly assistant controller of Ball Corporation (NYSE: BLL), has been promoted to vice president and controller of the Broomfield, Colorado-based aerospace contractor. He succeeds Shawn Barker, who transitioned to a new role as the corporation’s finance transformation VP, Ball said Monday. Carey joined Ball in 2014 after he previously spent 13 years …

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