Peraton, a portfolio company of Veritas Capital and next-generation technology provider to government customers announced that Steve Schorer has been appointed Chairman, President and Chief Executive Officer (CEO), and will be joining the Company in this capacity on September 9, 2024. Steve succeeds former Peraton Chairman, President and CEO, Stu Shea, who successfully led Peraton for the last seven years.
“On behalf of Peraton and Veritas, I’d like to thank Stu for his many years of service and leadership at the Company and wish him well in his future endeavors,” said Ramzi Musallam, CEO and Managing Partner of Veritas Capital.
Steve is an accomplished executive with over 30 years of experience successfully leading world-class government technology services, defense electronics and aerospace companies. Prior to Peraton, he was the CEO of Alion Science and Technology (“Alion”), a former Veritas portfolio investment and provider of advanced engineering and R&D services to the global defense marketplace, where he led the strategic transformation and dramatic growth of the business that resulted in its successful sale to Huntington Ingalls Industries in 2021. Prior to Alion, Steve served as President of DynCorp International and was instrumental in the early buildout of L-3 Communications as a public company and the exponential growth of DRS Technologies prior to DRS’ successful sale to Finmeccanica.
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“We are excited to welcome Steve as CEO of Peraton,” said Musallam. “His extensive industry expertise and experience leading some of the world’s premier government technology services organizations make him the ideal person to drive Peraton’s next important phase of growth. We look forward to working closely alongside him as Peraton continues to deliver on its mission to solve the U.S. Government’s most complex technology and information challenges.”
“I am honored to have the opportunity to lead this renowned company as it continues to help safeguard America’s interests and transform the world in an era of rapidly evolving challenges,” added Steve Schorer. “I look forward to working alongside the talented team at Peraton to develop and deliver solutions to support our customers’ most vital missions and to manage their most valued technology assets.”
SOURCE: Peraton