When CFO John Kavanaugh joined Peraton in May 2021, he quickly established a disciplined, results-oriented finance culture focused on growth and accountability.
He migrated the finance operations of three heritage companies into a single system, streamlined indirect rate structures and harmonized all accounting and business policies to enable the company to operate with a unified face to customers — One Peraton. This was done while supporting strategic M&A activities, including the ViON as-a-service acquisition and Arcfield divestiture.
“I am humbled and honored to lead an extraordinarily talented group of finance professionals at Peraton, ” Kavanaugh said. “This is a testament to their dedication and outstanding performance.”
His steady hand and driving force guided a transformative year for Peraton in 2021. As a result of his team’s collective effort, the company experienced an increase in growth, profitability and cash-flow performance.
The previous year’s successes provided Peraton with a strong foundation for the future. In 2022, Kavanaugh plans to unleash the power of the company’s fully aligned infrastructure, deeply talented workforce and values-based culture to expand its leadership positions across the industry.
“I’ve had the pleasure of working with John over many years,” said Peraton Chief Communications and Engagement Officer Matt McQueen. “His unrelenting focus on the fundamental operating metrics drove revenue growth, cost containment and cash cycle efficiency, allowing Peraton to successfully support our customers’ missions of consequence in a truly differentiated way.”