RESTON, Va., Oct. 29, 2015 (GLOBE NEWSWIRE) -- STG, Inc. (STG), the specialist provider of mission-critical technology, cyber and data solutions, today announced the appointment of Charles 'Chuck' Cosgrove as Chief Financial Officer (CFO). His appointment is effective from November 6, 2015.
Mr. Cosgrove has a career spanning 30 years in senior finance roles in public and private companies and private equity-backed enterprises, ranging in size from early stage to over $7BN in revenues. He has deep experience in leading growth, M&A and capital raising strategies with companies serving the US Federal Government market, including businesses providing national security technologies and services. Additionally, he has a highly successful track record in driving strategic restructuring of finance and accounting functions to align with corporate and public market requirements, and has extensive knowledge of US government contracting and operations.
Commenting on his appointment, Paul Fernandes, President and COO of STG, said:
"Chuck Cosgrove has the ideal combination of experience as a public company CFO with in depth knowledge of the US Federal Government and technology markets. His financial leadership will be invaluable to us as we transition to the public markets through our business combination with Global Defense & National Security Systems, Inc. (GDEF), and he will play a major role in advancing STG's growth strategy through organic business development and M&A. We look forward to working with Chuck and benefitting from his insight and experience as we begin the next exciting phase in STG's success."
Most recently, Mr. Cosgrove was CFO with CRGT, Inc., a systems integrator across the Federal Government market, including the national security community. Here, he integrated two major company acquisitions prior to the company's sale to private equity ownership and subsequent merger to form Salient CRGT.
Prior to his tenure with CRGT, Mr. Cosgrove was CFO of Comtech Mobile Datacom Corporation, and held senior positions with several government-focused public companies, including KBR, Affiliated Computer Services (ACS) and Planning Research Corporation (PRC).
Mr. Cosgrove graduated from Georgetown University with a Bachelor of Science Degree in Accounting and is a Certified Public Accountant.
STG, Inc. is a specialist provider of mission-critical technology, cyber and data solutions to more than 50 US Federal Agencies. Applying decades of experience, the company works to ensure the security of the digital domain, the effectiveness of complex IT systems and the delivery of quality intelligence to decision makers. STG is a Washington Technology Top 100 Company. Visit STG at www.stg.com.
As announced on June 9 2015, STG, Inc. and Global Defense & National Security Systems Inc. (NASDAQ:GDEF) have entered into a definitive agreement to form a strategic business combination. GDEF is a public company formed to acquire and grow technology businesses operating in the U.S. defense and national security sectors.
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