SRA Announces Appointment of Rick Nadeau as Executive Vice President and Chief Financial Officer
May 19 2009 - 9:00AM
PR Newswire (US)
FAIRFAX, Va., May 19 /PRNewswire-FirstCall/ -- SRA International,
Inc. (NYSE:SRX), a leading provider of technology and strategic
consulting services and solutions to government organizations and
commercial clients, today announced that Rick Nadeau will join the
company as Executive Vice President (EVP) and Chief Financial
Officer (CFO) on June 1. Nadeau will report to SRA President and
CEO Stan Sloane. In his role as EVP and CFO, Nadeau will be
responsible for the company's financial operations, including all
corporate accounting, financial strategy and business planning. He
will oversee the corporate controllership, treasury and tax
functions, and be instrumental in the company's mergers and
acquisitions, balance sheet management and capital investment
decisions. Nadeau has more than 32 years of executive-level
experience in the private sector. Prior to joining SRA, he was CFO
for Sunrise Senior Living, Inc., where he led efforts to complete
their accounting restatement and improve the company's governance,
accounting and internal control processes. He also oversaw
accounting, budgeting and finance operations, as well as the
information technology, venture relations and asset management
departments. Nadeau began his career with Arthur Andersen LLP,
where he developed deep expertise in private debt and equity
offerings, quality and risk management, and accounting for complex
business combinations. Nadeau was a member of the SRA audit team
during his career at Arthur Andersen. Later, he joined KPMG as a
senior reviewing partner where he was the lead engagement and audit
partner for many large-scale, complex companies including a number
of government contractors in the Washington, D.C. area. "Rick's
extensive experience, combined with his track record of success in
the professional services industry and financial know-how in
government contracting, will serve us well as we continue to focus
on our organic growth strategies," said Sloane. "Rick and SRA have
known each other for many years, and we're confident that he'll be
a tremendous addition to our executive team." In February, SRA
Corporate Controller Melissa Burgum was named acting CFO while the
company continued its search for a permanent candidate. Burgum will
resume her role as Corporate Controller reporting to Nadeau.
"Melissa stepped into this high-level, interim role and ensured a
smooth transition during our permanent CFO search," said Sloane.
"She contributed greatly to SRA during this time, and we are
grateful for her ongoing dedication and service." About SRA
International, Inc. SRA and its subsidiaries are dedicated to
solving complex problems of global significance for government
organizations serving the national security, civil government and
global health markets. Founded in 1978, the company and its
subsidiaries have expertise in such areas as air surveillance and
air traffic management; contract research organization (CRO)
services; cybersecurity; disaster response planning; enterprise
resource planning; environmental strategies; IT systems,
infrastructure and managed services; logistics; public health
preparedness; strategic management consulting; systems engineering;
and wireless integration. FORTUNE(R) magazine has chosen SRA as one
of the "100 Best Companies to Work For" for ten consecutive years.
The company and its subsidiaries employ more than 6,800 employees
serving clients from headquarters in Fairfax, Va., and offices
around the world. For additional information on SRA, please visit
http://www.sra.com/. Any statements in this press release about
future expectations, plans, and prospects for SRA, including
statements about the estimated value of the contract and work to be
performed, and other statements containing the words "estimates,"
"believes," "anticipates," "plans," "expects," "will," and similar
expressions, constitute forward-looking statements within the
meaning of The Private Securities Litigation Reform Act of 1995.
Actual results may differ materially from those indicated by such
forward-looking statements. In addition, the forward-looking
statements included in this press release represent our views as of
May 19, 2009. We anticipate that subsequent events and developments
will cause our views to change. However, while we may elect to
update these forward-looking statements at some point in the
future, we specifically disclaim any obligation to do so. These
forward-looking statements should not be relied upon as
representing our views as of any date subsequent to May 19, 2009.
DATASOURCE: SRA International, Inc. CONTACT: SRA Media Relations,
Sheila S. Blackwell, +1-703-227-8345, , or SRA Investor Relations,
David Keffer, +1-703-502-7731, Web Site: http://www.sra.com/
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