Jeremy Wensinger Appointed President and CEO,
Succeeding Chuck Prow
MCLEAN,
Va., May 13, 2024 /PRNewswire/ -- V2X, Inc.
(NYSE: VVX), a leading provider of global mission solutions,
announced today that Jeremy
Wensinger has been appointed President, Chief Executive
Officer and a member of the company's Board of Directors,
succeeding Chuck Prow. This
appointment, which is effective as of June
17, 2024, is the result of a thorough Board-led succession
planning process designed to ensure a smooth transition and
continue V2X's positive business momentum.
Mr. Wensinger has had a highly distinguished 35-year career as a
defense and government services industry executive. He most
recently served as Chief Operating Officer of Peraton Inc., a
next-generation national security company providing solutions and
services primarily to the U.S. government with $7 billion in annual revenue. Mr. Wensinger
previously served in various leadership roles at Harris
Corporation, Cobham PLC, and PAE Government Services, Inc.
Throughout his career, he has demonstrated strong leadership and
organizational management in driving organic growth, implementing
strong business development processes and differentiated technology
strategies, executing business integrations, and leading business
improvement initiatives.
"Following a thorough process to identify our next CEO, the
Board is confident that Jeremy is a strong, experienced leader for
V2X's next chapter of growth," said Mary
Howell, Chairman of V2X's Board of Directors. "He has a
proven track record of delivering best-in-class financial and
operational performance within the broad defense services and
aerospace industry, as well as a strategic approach to managing
businesses, building strong stakeholder relationships, and creating
value."
Mr. Wensinger said, "I am honored to join the V2X team as CEO. I
look forward to building on the considerable growth and operating
improvements V2X has made, while taking a fresh look at the areas
of the business where we can further capitalize on the full
potential of our market opportunity. I am eager to begin working
with the Board, leadership, and talented V2X team to execute on our
strategic and financial goals and drive shareholder value."
"As the company nears the two-year anniversary of completing the
transformational merger of Vectrus with Vertex to create the V2X
platform, we thank Chuck for his dedication and valuable
contributions," Mrs. Howell said. "During his tenure as CEO, the
company delivered significant organic growth as well as further
diversified its contract and customer base, established entirely
new technological and service capabilities, and delivered an
enhanced customer and employee experience. We look forward to
building upon these successes."
"I would like to thank V2X's employees, as well as our clients
and industry partners, for their trust and confidence in the
journey which is now V2X," Mr. Prow said. "Leading the talented men
and women of V2X, deployed globally in support of some of our
nation's most critical missions, has been an honor and
privilege."
About V2X
V2X builds smart solutions designed to integrate physical and
digital infrastructure – by aligning people, actions, and outputs.
Formed by the merger of Vectrus and Vertex, we bring a combined 120
years of successful mission support. Our lifecycle solutions
improve security, streamline logistics, and enhance readiness. The
Company delivers a comprehensive suite of integrated solutions
across the operations and logistics, aerospace, training, and
technology markets to national security, defense, civilian and
international clients. Our global team of approximately 16,000
employees brings innovation to every point in the mission
lifecycle, from preparation to operations, to sustainment, as it
tackles the most complex challenges with agility, grit, and
dedication.
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995 (the "Act"): Certain material presented herein
includes forward-looking statements intended to qualify for the
safe harbor from liability established by the Act. These
forward-looking statements include, but are not limited to, all the
statements in this release that are not historical, including,
without limitation, goals for future performance, results and
value, our long-term growth outlook and targets and related
assumptions and drivers, as well as the expected execution and
effect of our business strategies, expectations regarding
management transition plans, and any discussion of future operating
or financial performance.
Forward-looking statements generally can be identified by the
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and unknown risks, uncertainties, assumptions, and other important
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could cause actual results to differ materially from the results
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forward-looking statements are subject to certain risks and
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and uncertainties that could cause actual results to differ from
such forward-looking statements, see the risks and other factors
detailed from time to time in our Annual Report on Form 10-K,
Quarterly Reports on Form 10-Q, and other filings with the SEC.
We do not undertake, and expressly disclaim, any duty or
obligation to update publicly any forward-looking statement after
the date of this release, whether as a result of new information,
future events or otherwise, except as required by law.
Investor Contact
Mike Smith, CFA
Vice President, Treasury, Corporate Development and Investor
Relations
IR@goV2X.com
719-637-5773
Media Contact
Angelica Spanos Deoudes
Director, Corporate Communications
Angelica.Deoudes@goV2X.com
571-338-5195
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SOURCE V2X, Inc.