Senior Financial Executive Judy Bjornaas Elected to DLH Board of Directors
13 March 2023 - 11:00PM
DLH Holdings Corp. (NASDAQ: DLHC) (“DLH” or the
“Company”), a leading provider of science research and
development, systems engineering and integration, and digital
transformation solutions to federal agencies, today announced that
Judith L. Bjornaas was elected to its Board of Directors at its
annual meeting held on March 9, 2023. Ms. Bjornaas most recently
served as the Executive Vice President and Chief Financial Officer
of ManTech International Corporation, a provider of mission-focused
technology solutions and services for U.S. federal government
agencies.
“I am thrilled to join the DLH Board of Directors,” said Judith
Bjornaas. “I am impressed with DLH’s evolution into a leading
provider of innovative technology solutions and services for our
industry, and I look forward to working with DLH leadership and my
colleagues on the Board of Directors to ensure the company’s growth
trajectory continues.”
Ms. Bjornaas has over thirty years of experience in government
and commercial technology business. Her role at ManTech included
responsibility for financial reporting, planning and analysis,
corporate development, and investor relations. Prior to joining
ManTech in 2010, she served as the chief financial officer of NCI,
Inc., which was a publicly traded company that provided information
technology and professional services and solutions to federal
government agencies. She has served on the Board of Directors and
Executive Committee of the Northern Virginia Chamber of Commerce
and is a past member of the Association for Corporate Growth and
Women in Technology.
“Judy’s leadership experience within some of the government
contracting industry’s most esteemed organizations will be
invaluable as DLH enters the next stage of its corporate journey,”
said Zach Parker, DLH President & CEO. “As we continue to build
shareholder value, we are fortunate to have knowledgeable,
forward-looking leaders like Judy on our Board of Directors.”
Additional information regarding the results of the annual
shareholders' meeting will be available in a Form 8-K filed with
the Securities and Exchange Commission and on DLH’s investor
relations website.
About DLH
DLH (NASDAQ:DLHC) delivers improved health and national security
readiness solutions for federal programs through science research
and development, systems engineering and integration, and digital
transformation. The Company’s experts in public health, performance
evaluation, and health operations solve the complex problems faced
by civilian and military customers alike, leveraging digital
transformation, artificial intelligence, advanced analytics,
cloud-based applications, telehealth systems, and more. With over
3,200 employees dedicated to the idea that “Your Mission is Our
Passion,” DLH brings a unique combination of government sector
experience, proven methodology, and unwavering commitment to
innovation to improve the lives of millions. For more information,
visit www.DLHcorp.com.
Safe Harbor Statement under the Private Securities
Litigation Reform Act of 1995:
This press release may contain forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. These statements relate to future events or DLH`s future
financial performance. Any statements that refer to expectations,
projections or other characterizations of future events or
circumstances or that are not statements of historical fact
(including without limitation statements to the effect that the
Company or its management “believes”, “expects”, “anticipates”,
“plans”, “intends” and similar expressions) should be considered
forward looking statements that involve risks and uncertainties
which could cause actual events or DLH’s actual results to differ
materially from those indicated by the forward-looking statements.
Forward-looking statements in this release include, among others,
statements regarding estimates of future revenues. These statements
reflect our belief and assumptions as to future events that may not
prove to be accurate. Our actual results may differ materially from
such forward-looking statements made in this release due to a
variety of factors, including: the outbreak of the novel
coronavirus (“COVID-19”), including the measures to reduce its
spread, and its impact on the economy and demand for our services,
are uncertain, cannot be predicted, and may precipitate or
exacerbate other risks and uncertainties; the risk that we will not
realize the anticipated benefits of the GRSi acquisition;
(including anticipated future financial operating performance and
results); diversion of management’s attention from normal daily
operations of the business and the challenges of managing larger
and more widespread operations resulting from the acquisition; the
inability to retain GRSi employees and customers; contract awards
in connection with re-competes for present business and/or
competition for new business; the risks and uncertainties
associated with client interest in and purchases of new services;
compliance with new bank financial and other covenants; changes in
client budgetary priorities; government contract procurement (such
as bid and award protests, small business set asides, loss of work
due to organizational conflicts of interest, etc.) and termination
risks; the ability to successfully integrate the operations of GRSi
and any future acquisitions; the impact of inflation and higher
interest rates; and other risks described in our SEC filings. For a
discussion of such risks and uncertainties which could cause actual
results to differ from those contained in the forward-looking
statements, see “Risk Factors” in the Company’s periodic reports
filed with the SEC, including our Annual Report on Form 10-K for
the fiscal year ended September 30, 2022, as well as subsequent
reports filed thereafter. The forward-looking statements contained
herein are not historical facts, but rather are based on current
expectations, estimates, assumptions and projections about our
industry and business.
Such forward-looking statements are made as of the date hereof
and may become outdated over time. The Company does not assume any
responsibility for updating forward-looking statements, except as
may be required by law.
CONTACTS:
MEDIA
Email: dlh.communications@dlhcorp.com
INVESTOR RELATIONS
Contact: Chris Witty
Phone: 646-438-9385
Email: cwitty@darrowir.com
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