December 12, 2016 – Vectrus, Inc. announced last week that the board of directors appointed Charles (Chuck) Prow as the company’s president and chief executive officer, effective December 6. Prow was also appointed to the board of directors and succeeds Kenneth W. Hunzeker, who retired effective December 5, 2016.
Prow has a proven track record in government services, with over 25 years of leadership positions at IBM Corporation, PricewaterhouseCoopers, and Coopers & Lybrand.
“We are pleased to have Chuck join the Vectrus team,” said Lou Giuliano, non-executive chairman of the board. “He brings a strong track record of business development success, as well as P&L performance. His experience in working with a wide range of government customers, as well as his understanding of the role technology can play in the services industry, makes him well-suited to lead Vectrus into the next phase of our development,”
As part of the Vectrus succession planning process, the board undertook a comprehensive search. Based on Prow’s solid record of developing strong teams and expanding market share at various federal agencies, he was selected as the best candidate to lead Vectrus in growing the business and increasing shareholder value.
Prow, 57, ran large global government services organizations, delivering solutions to a wide array of Department of Defense and other government customers. During his tenure at IBM, Prow was successful in creating market differentiation through the integration of IBM’s technology and service competencies. He established strategies that focused on delivering complex solutions to critical government missions for national security, federal civilian agencies, and state and local entities. These efforts resulted in market share expansion, revenue growth, and margin improvement.
“We believe Chuck’s broad federal experience and rich skill set will assist Vectrus in expanding our customer base and capturing new opportunities we see in the facilities and logistics services market,” said Giuliano. “Additionally, Chuck has an established track record associated with IT, which represents a growth area for Vectrus. We are looking forward to his leadership and contributions in enhancing Vectrus’ position in this market.”
“On behalf of the board, I want to thank Ken for his leadership over the past six years,” said Giuliano. “His efforts in guiding Vectrus through the spin-off and its first two years as a public company created a solid foundation. He has enabled Vectrus to establish a strong reputation of supporting customers’ missions with exemplary contract execution.”