Technical and systems engineering services provider Engility [EGL] on Tuesday said it has appointed Lynn Dugle as its new CEO effective March 21, replacing Anthony Smeraglinolo who was let go.
Dugle retired from Raytheon [RTN] last March after 10 years with the company, including the last six leading the $6 billion Intelligence, Information and Services segment. She has been a director on Engility’s board since February 2015 and was on the board of the former TASC from October 2014 until February 2015 when the company was acquired by Engility.
The leadership change also includes John Hynes, Engility’s executive vice president and chief operating officer (COO), being named president and COO effective immediately. Hynes was the CEO of TASC before the acquisition by Engility.
Dugle and Hynes have worked together since she joined the board of TASC in 2014.
Both Dugle and Hynes have experience in the areas of space and intelligence, which Engility is targeting. Before leading TASC, Hynes led intelligence services businesses at ManTech International [MANT] and Science Applications International Corp. [SAIC].
In addition to losing the CEO spot, Smeraglinolo has resigned from Engility’s board of directors effective immediately. Peter Marine and David Savner, co-chairs of Engility’s board, thanked Smeraglinolo for this leadership of the company. The company is looking for a new director to replace Smeraglinolo.
“The board is confident that Lynn and John are ideally suited to lead Engility forward into its next chapter focused on achieving sustainable organic growth and debt repayment,” Marino and Savner said in a statement. “Lynn’s decades of operational experience in our industry combined with her in-depth knowledge of our business will enable her to make immediate contributions to the company.” Engility is in a strong competitive position after the successful integration of TASC and Dynamics Research. The company has diversified its service offering and is now positioned to purse work in multiple growth markets with its broader customer base and capabilities.”
Before joining Raytheon in 2004, Dugle had general management roles with the former ADC Telecommunications and Texas Instruments [TXN]. She also serves on the Defense Science Board and board of directors of State Street Corp. [STT], which provides financial services.
Engility plans to release its fourth quarter and 2015 financial results on Thursday. The company expects sales to be around $2.1 billion in 2015 and is forecasting between $2 billion and $2.2 billion this year.