Volgenau becomes SRA chairman; other changes made
- By Gail Repsher Emery
- Oct 10, 2003
Ernst Volgenau, president, chief executive officer and founder of SRA International Inc. of Fairfax, Va., will become chairman of SRA's board of directors on Nov. 12, the board announced this week.
Volgenau will succeed William Brehm, who has served as chairman since 1980. Volgenau will continue as CEO and Brehm will remain on the board, according to a company statement.
In addition, Edward Legasey, SRA's executive vice president and chief operating officer, will take a step toward retirement next month. He will relinquish the executive vice president and COO positions and work a half-time schedule, focusing on strategic planning, acquisitions and strategic investments.
Legasey has been nominated for a position on SRA's board, which shareholders will vote on Nov. 12. Legasey has been executive vice president of SRA since 1989, chief operating officer since 1997 and an officer of the company since 1978.
The board also announced several other management changes:Renato DiPentima, president of the company's consulting and systems integration sector since 2001, will become president of SRA, succeeding Volgenau in that position. DiPentima will also become chief operating officer, succeeding Legasey. Stephen Hughes, senior vice president since 1993 and chief financial officer since 1996, will continue as CFO and will assume the new position of senior vice president and chief of finance and administration. Hughes will continue to report to Volgenau.
Volgenau said he tried to convince Legasey not to retire. The two have known each other for more than 30 years and have worked together at SRA for the past 25 years.
"I am extraordinarily pleased that although Ted Legasey wants to begin the retirement process, he has agreed to actively support strategic development of the company and that we have someone as capable as Renny DiPentima available to assume Ted's responsibilities," Volgenau said.
SRA provides information technology services and solutions to clients in national security, civil government and health care and public health. Its services include systems design, development, and integration, and outsourcing and operations management. The company had $361.2 million in revenue in 2002 and employs 2,500 people. It was ranked No. 32 on Washington Technology's 2003 Top 100.