Titan leadership change

Eric DeMarco, named president and chief operating officer of Titan Corp. less than a year ago, will be leaving the company in mid-March, Titan officials announced.

Gene Ray, Titan's chairman and chief executive officer, is assuming DeMarco's duties, while the board of the San Diego company searches for a new president and COO.

Company officials said DeMarco is leaving because of Titan's decision in July 2002 to exit the commercial sector and focus on the government marketplace.

"We had a strategy of creating, building and launching technology-based businesses out of our defense-based businesses," Ray said. "Mr. DeMarco really was the driver of those commercial businesses. ... [His] strengths were on the commercial side."

 

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