- Phil Calamia is stepping down as NASDAQ:KEYW Holding's CFO to "pursue other opportunities." Mike Alber, formerly the CFO of defense IT contractor Engility, will be the company's new CFO, effective June 13.
- CEO Bill Weber: "With KEYW’s transition to a pure-play intelligence solutions-focused company nearing completion, I am pleased that Mike Alber chose to join KEYW as our CFO. Mike’s significant experience in the government solutions industry and large public companies will serve the company well."
- Shares rose 5.9% in regular trading ahead of the announcement, which comes two weeks after KEYW jumped in response to a Q1 beat.