Executive Mosaic, Tysons Corner, VA January 15, 2015 – Engility Holdings has named David Savner as co-chairman of the board of directors and Wayne Reberger as chief financial officer, GovCon Wire reported Wednesday.
The executive moves will come into effect as soon as the $1.1 billion all-stock purchase of TASC goes through, which the company expects to occur in the next three months.
Tony Smeraglinolo
Engility executives have tagged the acquisition as “transformational” for both companies.
“The combination of our two complementary businesses is transformational and represents a unique opportunity to create a top-tier government services company,” President and CEO Tony Smeraglinolo, who will hold both titles for the combined company, said in October 2014.
Craig Reed
Craig Reed, SVP of strategy and corporate development at Engility, added, “This is transformational for Engility, TASC and the government srvices market. The combination is going to be great for our all of our stakeholders, including our customers, investors and employees.”
About Executive Mosaic: Executive Mosaic’s (EM) portfolio of five websites and four E-Newsletters serves to inform executives from across GovCon and the defense sector of the events, people and companies that shape their industry.