Versar, Inc. Announces Management Changes
SPRINGFIELD, Va.--(BUSINESS WIRE)-- Versar, Inc. (NYSE MKT: VSR) today announced that Joshua J. Izenberg has been elected as Senior Vice President, General Counsel, Secretary and Corporate Compliance Officer to replace James C. Dobbs who will be retiring from the Company at the end of June, 2012.
Mr. Izenberg, who will report to Versars CEO, Tony Otten, most recently served as COO and General Counsel for Modus Create, Inc. Before that, he served as Deputy General Counsel for Alion Science and Technology Corporation following seven years in the Corporate (OFC) and Securities Group at Baker & McKenzie LLP. Mr. Izenberg received his law degree from the University of Toronto Law School and also has an MBA from Georgetown University. He is a member of the Massachusetts and District of Columbia Bars and is a registered Corporate Counsel in the Commonwealth of Virginia.
Jamie Dobbs, has served Versar with distinction since joining the firm in 1992 as Vice President, General Counsel, and Secretary. In October 1999, he was elected Senior Vice President. Prior to his Versar employment, Mr. Dobbs was employed by Metcalf & Eddy, Inc. as Vice President and General Counsel..
Tony Otten, CEO of Versar said, The Versar Board and I want to thank Jamie Dobbs for his significant contributions to Versar over his 20-year tenure and the excellent legal, compliance and risk management advice he supplied to the Company. Jamie has been a valuable resource to the Companys Directors and we will miss his experience.
Mr. Otten continues, Were very pleased to have Josh join our management team. Josh has a great amount of government contracting, M&A, securities, finance, and corporate governance experience that we expect will benefit Versar over the coming years.
VERSAR, INC., headquartered in Springfield, VA, is a publicly traded global project management company providing sustainable value oriented solutions to government and commercial clients in the construction management, environmental services, munitions response, and telecommunication and technology integration market areas.
This news release contains forward-looking information. The forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be significantly impacted by certain risks and uncertainties described herein and in Versars Annual Report on Form 10-K filed with the Securities and Exchange Commission for the fiscal year ended July 1, 2011, as updated from time to time in the Companys periodic filings. The forward-looking statements are made as of the date hereof and Versar does not undertake to update its forward-looking statements.
Michael J. Abram
Senior Vice President
Institutional Marketing Services (IMS)
John Nesbett or Jennifer Belodeau
Source: Versar, Inc.Copyright Business Wire 2012