L-3 Announces Appointments of Michael Alber and Ray Guillaume to Its Services Group
New Hires Further Strengthen Financial Leadership of Engility's Management Team
NEW YORK--(BUSINESS WIRE)-- L-3 Communications (NYSE: LLL) announced today the appointments of Michael Alber and Ray H. Guillaume to the L-3 Services Groups (LSG) executive leadership team effective immediately. Mr. Alber will become Engilitys chief financial officer, reporting to Tony Smeraglinolo, who is currently executive vice president of LSG and will be appointed Engilitys chief executive officer upon completion of the spin-off. Mr. Guillaume will serve as Engilitys treasurer once the planned spin-off is complete, reporting to Mr. Alber.
These appointments are important steps in building a world-class team to lead Engility, said Mr. Smeraglinolo. Mike and Ray both bring more than 20 years of financial and management experience with publicly traded companies, as well as deep knowledge of the government services sector. With these additions, Engility continues to build a leadership team with the substantial industry credentials and strong operating skills to move our business forward.
As Engilitys chief financial officer, Mr. Alber will oversee the companys financial reporting, planning and analysis, and treasury and investor relations functions. With more than 30 years of corporate finance, accounting and administrative experience with federal contractors, Mr. Alber most recently served as chief financial officer and treasurer at Alion Science and Technology. He has also held senior executive positions at SAIC, where he served as a senior vice president and group controller, and at Network Solutions, Inc.
Mr. Guillaume brings to Engility substantial experience in establishing and managing treasury departments for public companies and rapidly growing companies with domestic and international operations. Most recently, he served as director of treasury at Stanley Associates and previously held treasury positions with the Titan Corporation and L-3 Communications during his combined 13 years with the companies.
L-3 Services Group is based in Alexandria, Va., and has more than 15,000 personnel working in 60 countries around the world.
Headquartered in New York City, L-3 employs approximately 61,000 people worldwide and is a prime contractor in C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems, aircraft modernization and maintenance, and government services. L-3 is also a leading provider of a broad range of electronic systems used on military and commercial platforms. The company reported 2011 sales of $15.2 billion.
To learn more about L-3, please visit the companys website at www.L-3com.com. L-3 uses its website as a channel of distribution of material company information. Financial and other material information regarding L-3 is routinely posted on the companys website and is readily accessible.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. Statements that are predictive in nature, that depend upon or refer to events or conditions or that include words such as expects, anticipates, intends, plans, believes, estimates, will, could and similar expressions are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the companys Safe Harbor Compliance Statement for Forward-Looking Statements included in the companys recent filings, including Forms 10-K and 10-Q, with the Securities and Exchange Commission. The forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements.
Source: L-3 CommunicationsCopyright Business Wire 2012