FAIRFAX, Va., Dec. 14, 2020 (World NEWSWIRE) — Information and facts Assessment Incorporated (IAIC: OTC Marketplaces), an details technological know-how product or service and companies business specializing in adapting legacy programs to present day secure platforms and capabilities, nowadays introduced that Sandor Rosenberg, Main Government Officer and Chairman of the Board, will retire as CEO and Chairman efficient December 31, 2020, but will proceed to present assistance and oversight as a member of IAI’s Board of Administrators. Stan Reese, present Chief Working Officer, was appointed by the Board of Directors as interim President and Main Executive Officer powerful January 1, 2021.
Sandor Rosenberg started IAI in 1979, and took the Company community in 1986. He has guided IAI diligently as a result of instances of quick enlargement and moments of significant cash impairment, as a result of acquisition and divestiture, and by way of ever-changing priorities of federal authorities funding, usually adapting to weather conditions the storms and meet up with the subsequent set of problems and opportunities.
“I am grateful to have spent above 40 a long time with this firm,” mentioned Rosenberg, “and am very pleased of what our IAI group has accomplished. I step down with the Firm in excellent condition. Success in 2020 exceeded both our have expectations and all those of our shareholders. As a end result, the Company is operationally and economically potent. We have an fascinating system for the upcoming, and a successor administration staff with a eyesight. All of this presents me great self-assurance about IAI’s potential success.”
On Rosenberg’s suggestion, the Company’s board of administrators has unanimously elected Stan Reese to provide as interim Main Government Officer and President effective January 1, 2021. Reese has served as Main Working Officer because 1999. Reese joined IAI in 1993 as a Senior Manager and he grew to become Senior Vice President of the modernization practice in 1997. Prior to signing up for the Corporation, Reese served as Vice President of Technological Companies for TOMCO Techniques, Inc. Reese obtained a Bachelor of Arts from George Mason University in 1979.
“Stan is perfectly prepared to guide IAI as a result of a transition to a new CEO,” continued Rosenberg. “His management, personal model, and deep understanding of our company qualify him to step into this position in January. He is effectively-highly regarded across the business, he evokes IAI workforce, and he signifies the company’s vision and main values.”
“I am delighted with staying entrusted to lead IAI for the duration of a time of deep problems and unprecedented prospect,” reported Reese. “In my new job, I will search for to even further exploit our competitive edge and goal growth in cyber protection and cloud services and generate a stable basis for the next era of IAI’s leadership.”
About Details Evaluation Integrated
Info Analysis Integrated (www.infoa.com), headquartered in Fairfax, Virginia, is an info technological know-how products and expert services corporation. The Enterprise is a software conversion professional, modernizing legacy programs and securely extending their reach to the Cloud and additional modern-day platforms.
Additional details for traders
This release might consist of forward-on the lookout statements relating to the Company’s business, consumer prospects, or other components that may possibly have an affect on future earnings or monetary results. This sort of statements require risks and uncertainties which could bring about genuine effects to differ materially from those expressed in the ahead-seeking statements. Investors should really read through and understand the risk elements thorough in the Firm’s 10-K for the fiscal calendar year ended December 31, 2019 and in other filings with the Securities and Exchange Commission.
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