Veritas Capital has appointed industry veteran Stu Shea the CEO of MHVC Acquisition Corp. Veritas Capital acquired MHVC, formerly Harris Corp.’s Government Services business, in April 2017. MHVC operates as a standalone company and will launch the new brand soon.
“Stu has dedicated his life to serving our nation by aligning his passion for performance, leadership, mentoring and community service to build capabilities that serve the United States,” said Ramzi Musallam, CEO and managing partner of Veritas Capital. “He brings tremendous enthusiasm and an exceptional 30-year track record running high-growth businesses in the intelligence, defense, aerospace and government services markets. We are excited to welcome him to the team and are confident that he will drive the company’s growth and continue to provide innovative, reliable solutions to the nation’s most sensitive and mission critical programs and systems.”
Shea is former president and chief operating officer of Leidos, and was principal architect in the creation of Leidos when he served as COO of SAIC. Prior to being COO, Shea led SAIC’s support to the national security community as president of the Intelligence, Surveillance and Reconnaissance Group.
“Stu Shea is the perfect architect to build this business. He has been fully engaged as a director to numerous boards and as an adviser to organizations, both large and small, over the past few years. He has a solid pulse on what’s happening in the market, and few senior executives possess greater depth of expertise and insight across the national security arena. In addition to almost four decades serving both government and industry, the experience Stu garnered through leading the SAIC/Leidos corporate split (sequencing multiple major initiatives in a decisive manner) will be tremendously beneficial in the near-term. Fundamentally, his energy, customer focus, and background align very well with the business’ forward-moving endeavors. The team being assembled to lead the former Harris IT business is a transformative one to which the market will undoubtedly pay attention.”
Shea is also a founder of the U.S. Geospatial Intelligence Foundation and the GEOINT Symposium. He serves on several industry, government and academic advisory boards. He was a member of the director of national intelligence’s Senior Advisory Group and in 2016, and was presented the Intelligence Community Seal Medallion by then-Director of National Intelligence James Clapper for his service.
Shea has also received numerous awards for his leadership within the industry. He holds a master’s degree from the University of Kansas, a bachelor’s from State University of New York at Albany, and has completed executive education at the University of Virginia, Harvard Business School, Wharton, and The George Washington University.
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