PAE Appoints Mary M. Jackson and Delara Zarrabi to Board of Directors
19 April 2021 - 10:00PM
PAE (NASDAQ: PAE, PAEWW) announced today the appointment of Mary M.
Jackson and Delara Zarrabi as members of the PAE Board of Directors
effective April 15, 2021.
“Mary and Delara bring broad experience and
unique perspectives to guide the trajectory of PAE’s growing global
enterprise,” said Chairman of the Board Marshall A. Heinberg.
"Their appointments will not only add a broad range of skills to
our Board, but also support our commitment to diversity at the
Board level.”
Mr. Heinberg continued, “Mary’s three plus
decades of service in the United States Navy will provide PAE with
deep customer experience as we continue to execute our strategy to
expand the business with a focus on high-margin contracts. Delara’s
corporate finance and M&A experience will enhance the Board’s
ability to evaluate future strategic, accretive acquisitions.”
About Mary M. Jackson and Delara
Zarrabi
Mary M. Jackson retired in July 2020 after more
than three decades of service in the United States Navy and is
currently a principal of Desert Rose Navigator, LLC. As a Flag
Officer, Vice Admiral Jackson served as Commander, Navy Region
Southeast and later as Commander, Navy Installations Command, where
she was accountable for all Navy installations worldwide. In
addition, Admiral Jackson advised the Chief of Naval Operations and
the Secretary of the Navy on strategy related to infrastructure,
shore resiliency and diversity and inclusion.
Delara Zarrabi is a senior investment
professional and managing director at Platinum Equity. She was
previously a principal at Paine & Partners, a private equity
firm and an investment banking analyst at CIBC World Markets, the
investment banking subsidiary of the Canadian Imperial Bank of
Commerce.
About PAEFor more than 65
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 about 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 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 leadership
transition, possible or assumed future results of operations and
cash flows, financial results, business strategies, strategy for
and management of growth, needs for additional capital, debt
levels, competitive position, industry environment, potential
growth opportunities, and risks related to U.S. government
contracting. 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, contact:
Terrence NowlinSenior Communications
ManagerPAE703-656-7423terrence.nowlin@pae.com
For investor inquiries regarding PAE,
contact:
Mark ZindlerVice President, Investor
RelationsPAE703-717-6017mark.zindler@pae.com
PAE (NASDAQ:PAE)
Historical Stock Chart
From Jun 2024 to Jul 2024
PAE (NASDAQ:PAE)
Historical Stock Chart
From Jul 2023 to Jul 2024