VSE Corporation Announces Appointment of New Chief Financial Officer and New Chief Growth Officer
2024年8月20日 - 8:00PM
ビジネスワイヤ(英語)
VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a
leading provider of aftermarket distribution and repair services,
announced the appointment of Adam Cohn as Chief Financial Officer
(“CFO”) and Garry Snow as Chief Growth Officer for VSE
Corporation.
Adam Cohn, a seasoned executive finance leader with over 15
years of aerospace and finance-related experience, will join VSE as
CFO on September 3, 2024. He will assume responsibility for VSE’s
financial strategies and lead the global finance organization,
including planning, operational finance, treasury, tax, internal
audit, corporate development, and investor relations. Tarang
Sharma, who has been serving as interim Chief Financial Officer,
will return to his role as Chief Accounting Officer.
Garry Snow will join VSE on September 16, 2024, in a newly
created Chief Growth Officer role. With a proven track record of
building and leading high-performing sales organizations at Boeing,
KLX Inc., and Satair, Garry brings invaluable expertise to VSE to
support future organic growth strategies. Under this new role,
Garry will oversee customer and supplier business development and
marketing.
“Adam is an accomplished CFO and aviation business executive who
has guided both public and private companies through dynamic
environments and meaningful transformations during his impressive
career,” said John Cuomo, President and CEO of VSE Corporation.
“Adam brings a proven track record of driving strong financial
results, instilling financial and operational discipline, and
strategic partnership.”
Mr. Cuomo continued, “I am delighted to welcome Garry Snow to
VSE in the newly created role of Chief Growth Officer. Garry brings
a wealth of experience driving sales excellence and accelerating
growth in the dynamic aerospace market. His leadership and
strategic vision will be instrumental in expanding VSE’s market
presence and fostering strong customer and supplier partnerships. I
look forward to welcoming Adam and Garry to the VSE team.”
“I am excited to join VSE at such a pivotal time for the company
and the industry,” said Adam Cohn. “VSE’s transformation over the
past few years has been extraordinary. I look forward to working
with VSE’s stellar team of professionals to advance the shared goal
of creating long-term sustainable growth and shareholder
value.”
"I'm thrilled to be joining VSE at an exciting time in its
journey," said Garry Snow. “There is tremendous growth potential in
front of this company, and I’m honored to have the opportunity to
build on the great work already started by the team to deliver on
this potential. Together, we will build a strong growth plan and
future for VSE by leveraging existing and new competencies for our
stakeholders.”
ABOUT ADAM COHN
Adam Cohn is a seasoned executive finance leader with over 15
years of aerospace and finance-related experience. Adam most
recently served as Chief Financial Officer for Valence Surface
Technologies (“Valence”), an aerospace supplier backed by ATL
Partners and British Columbia Investment Management Corporation.
Prior to his CFO role at Valence, Adam served in numerous senior
leadership roles with Triumph (NYSE: TGI), a publicly traded
aerospace manufacturer, including most recently as Treasurer and
Vice President of Mergers and Acquisitions. Adam executed multiple
financing transactions, which included replacing credit facilities,
raising new bonds, and issuing equity. Adam also executed several
mergers, acquisitions, or divestiture transactions. Prior to
joining Triumph, Adam worked as an aerospace Investment Banker at
Lazard. Adam holds a Master of Business Administration (M.B.A.)
from The Wharton School of the University of Pennsylvania and a
Bachelor of Science in Finance & Economics from The University
of Maryland.
ABOUT GARRY SNOW
Garry Snow comes to VSE with over 20 years of aerospace sales,
business development, and distribution experience. Most recently,
Garry served as Head of Sales and Marketing for Business and
General Aviation for Boeing Global Services. Garry has also served
in numerous leadership roles over the last 15 years with Boeing
Global Services and the Boeing-acquired KLX Aerospace Solutions
business, including Vice President of OEM Services Americas, VP of
Global Business Development, and Sales Director. Prior to joining
KLX Aerospace Solutions, Garry spent over six years with Satair in
Sales, Business Development, Strategy, and marketing roles.
ABOUT VSE CORPORATION
VSE is a leading provider of aftermarket distribution and repair
services. Operating through its two key segments, VSE significantly
enhances the productivity and longevity of its customers'
high-value, business-critical assets. The Aviation segment is a
leading provider of aftermarket parts distribution and maintenance,
repair, and overhaul (MRO) services for components and engine
accessories to commercial, business, and general aviation
operators. The Fleet segment specializes in part distribution,
engineering solutions, and supply chain management services catered
to the medium and heavy-duty fleet market. For more detailed
information, please visit VSE's website at www.vsecorp.com.
FORWARD-LOOKING STATEMENTS
This press release contains certain forward-looking statements.
These forward-looking statements, which are included in accordance
with the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995, may involve known and unknown risks,
uncertainties and other factors that may cause VSE’s actual results
to vary materially from those indicated or anticipated by such
statements. Many factors could cause actual results and performance
to be materially different from any future results or performance,
including, among others, the risk factors described in our reports
filed or expected to be filed with the SEC. Any forward-looking
statement or statement of belief speaks only as of the date of this
press release. We undertake no obligation to update or revise
forward-looking statements to reflect changed assumptions, the
occurrence of unanticipated events or changes to future operating
results.
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INVESTOR RELATIONS CONTACT: Michael Perlman Vice
President of Investor Relations and Treasury Phone: (954) 547-0480
Email: investors@vsecorp.com
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