Matt Ofilos has been named Parsons Corp. chief financial officer, succeeding George Ball, who has served in that role since 2008 and will remain in an advisory capacity through September.
“I am honored and proud to be named Parsons’ next CFO and succeed such a respected leader as George Ball,” said Ofilos, who most recently was Parsons’ executive vice president of finance.
The company’s board of directors also announced the appointment of two new directors: Ball and Ellen Lord, the former under secretary of defense for acquisition and sustainment.
“Matt has earned the trust and confidence of our board, workforce, and stakeholders since joining the company last year,” said Carey Smith, chair, president and CEO of Parsons. “His public company experience, financial acumen, and integrity make him a natural selection to serve as our next CFO. His focus on growth and execution will continue to underpin the success of our finance function and the entire company.”
Ofilos brings more than 20 years of finance experience. As EVP of finance, he led the company’s financial operations, including project controls, financial planning, accounting, treasury and financial systems.
Before joining Parsons in 2021, he led multibillion-dollar finance organizations, including those for Amazon Web Services’ worldwide public sector and strategic industries businesses.
“I look forward to continuing to partner with our business leaders to drive growth and operational excellence while leading a best-in-class finance organization,” Ofilos said. “It’s a privilege to work alongside the talented employees across our global enterprise who successfully deliver on our customers’ critical missions every day.”