American Systems CEO Bill Hoover calls it a career
Bill Hoover, president and CEO of American Systems Corp., has announced his decision to retire later this month, with current COO Peter Smith set to take the company reins.
Bill Hoover, president and CEO of American Systems Corp., has announced his decision to retire later this month after having led the company since 2005. Current chief operating officer Peter Smith will take Hoover’s place as president and CEO of the company.
Hoover will remain with the company as vice chairman of the board of directors.
“For the past nine years, Bill has led American Systems with skill, energy, and exceptional integrity. The company is well-prepared for the next level of growth, due in large part to Bill’s vision, accomplishments, leadership, and commitment to excellence,” said Donald R. Burklew, chairman of the board.
“My tenure as CEO of American Systems has been one of the most rewarding chapters of my career. [The company] is well-positioned in our market and has an exceptionally strong senior leadership team in place. I feel that it is the right time for me to transition to the next chapter in my life, knowing the company is in such great hands,” said Hoover.
He joins an apparent generational leadership shift at major defense and IT contractors as several leaders of the largest companies in the market have announced their retirement over the last two years, including Lockheed Martin, General Dynamics, Computer Sciences Corp., BAE Systems and Leidos.
After graduating from the U.S. Naval Academy in 1971, Hoover spent more than 25 years in the industry before working at American Systems. He has held leadership roles at a number of companies including Dynamics Research Corp., FutureNext Consulting, Oracle Service Industries, BDM International and PRC Inc.
Peter Smith discussed his career and the future of the company in an exclusive interview with Washington Technology.
[Editor's Note: Senior Staff Writer Mark Hoover is Bill Hoover's son.]