STG Group Inc. (STGG) announced July 7 the retirement of STG President Paul Fernandes at the end of the year, pending the appointment of a CEO.
“I am grateful for the substantial contributions that Paul has made to STG during his 12 years with the company,” Board Chairman Simon Lee said. “His leadership has been instrumental in guiding the company toward new opportunities and future growth, and we will continue our effort to advance the national security of the United States and its allies through the creative excellence of our team, our capabilities and our operations.”
“It has been an honor to lead such a talented team during this period of change,” Fernandes said. “I believe STG is among the best service and solution providers in the industry. The new leaders we have added over the last several months will provide top quality service for all of our customers and endeavor to continue to expand the Company’s breadth of capabilities. I look forward to supporting the on-boarding of a CEO to lead the Company’s robust plans for growth.”