Cybermedia Technologies has appointed Joel Willett as its new CEO.
“I am excited to lead CTEC during this transformative period,” Willett said. “Our federal clients are navigating a rapidly evolving technology landscape, and we are positioned to greatly expand the support we provide to missions across defense, homeland security, and federal civilian agencies.”
This appointment follows a strategic investment from Main Street Capital Corp. a year ago. This investment represented a significant milestone for CTEC and set the stage for accelerated growth and enhanced market presence, the company said.
Willett previously served as CEO of Sayres Defense, a services provider to the U.S. Navy, and an operating partner with a private-equity fund. He is a veteran of the U.S. Army, the intelligence community and the National Security Council, where he served in the White House Situation Room.
“We are excited to partner with CTEC and support their growth journey,” said David Magdol, chief investment officer and president at Main Street Capital. “Their expertise in digital transformation and cloud-based software development will continue to be an asset in the federal market. Together, we will unlock new opportunities and drive value for U.S. government customers.”