PAE Strengthens Market Insight Capabilities with Strategy and Corporate Development Appointment
12 February 2020 - 2:09AM
PAE Incorporated (NASDAQ: PAE, PAEWW) Bolstering a corporate
focus on strategic growth, PAE announces the appointment of Adam
Harrison as vice president of Strategy and Corporate Development.
Harrison brings a breadth of organic and inorganic growth expertise
to the PAE leadership team and will support current and new
strategies for PAE’s continued expansion, including acquisitions
growth.
Harrison has more than a decade of experience in corporate
strategy, market research and mergers and acquisitions for the
government services industry. His expertise spans the industry
marketplace, from information technology, cyber and health to
infrastructure management, logistics, training, C4ISR, aviation and
systems engineering.
“Adam’s background assisting companies to identify and develop
strategies for expansion into new value-added markets complements
PAE’s growth strategy,” said PAE CEO John Heller. “His wide-ranging
knowledge of diverse government solutions will be key to
identifying and planning growth in new, adjacent markets. We’re
excited for the potential Adam brings to our team.”
Harrison most recently served as a principal at Renaissance
Strategic Advisors, directing teams on more than 100 strategic
engagements for aerospace, defense and government services clients.
There he managed due diligence assignments across a diverse set of
government services M&A transactions up to $10 billion dollars
in value.
Harrison said the quality of PAE’s leadership, longstanding
customer relationships and diverse portfolio attracted him to the
company.
"PAE is a proven growth engine,” Harrison said. “I'm excited for
the opportunity to help accelerate the strategy starting in this
pivotal year for the company.”
For more information, visit pae.com.
About PAE
For more than 60 years, PAE has tackled the world’s toughest
challenges to deliver agile and steadfast solutions to the U.S.
government and its allies. With a global workforce of more than
20,000 on all seven continents and in approximately 60 countries,
PAE delivers a broad range of operational support services to meet
the critical needs of our clients. Our headquarters is in Falls
Church, Virginia. Find us online at pae.com, on Facebook, Twitter
and LinkedIn.
Forward-Looking Statements
This press release may contain a number of “forward-looking
statements” as defined in the Private Securities Litigation Reform
Act of 1995. These forward-looking statements include, but are not
limited to, statements about PAE’s possible or assumed future
results of operations, financial results, backlog, estimation of
resources for contracts, risks related to IDIQ contracts, strategy
for and management of growth, needs for additional capital, risks
related to U.S. government contracting generally, including
congressional approval of appropriations, and bid protests. These
forward-looking statements are based on PAE’s management’s current
expectations, estimates, projections and beliefs, as well as a
number of assumptions concerning future events.
These forward-looking statements are not guarantees of future
performance, conditions or results, and involve a number of known
and unknown risks, uncertainties, assumptions and other important
factors, many of which are outside PAE’s management’s control, that
could cause actual results to differ materially from the results
discussed in the forward-looking statements.
Forward-looking statements included in this release speak only
as of the date of this release. PAE does not undertake any
obligation to update its forward-looking statements to reflect
events or circumstances after the date of this release except as
may be required by the federal securities laws.
For media inquiries regarding PAE, please contact:
Kerry McGinley
Senior Communications Lead
PAE
719-217-6204
Kerry.McGinley@pae.com
Kerry McGinley
PAE
719-217-6204
kerry.mcginley@pae.com
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