Leidos Holdings, Inc. announced Chief Growth Officer Gerard “Gerry” Fasano plans to retire April 4, as reported by Investing.com. The announcement was made public over a report on Form 8-K filed Jan. 14 with the Securities and Exchange Commission.
Fasano’s career spans over 40 years. Before serving as CGO, Fasano was president of the Defense Group at Leidos, where he led the delivery of advanced systems, solutions and services to defense customers worldwide with over 12,500 employees and $4.5 billion in revenue.
He also served as the executive vice president and chief of business development and strategy for Leidos, and head of integration for the merger of Leidos and the Lockheed Martin Information Systems and Global Solutions business from 2015-2016.
Before joining Leidos, Fasano led Lockheed Martin’s IS&GS business development and mergers and acquisition organization and was general manager for their $3.5 billion Defense Group.
The company has not yet named a successor to Fasano, whose has been responsible for all aspects of business growth including new business pipeline expansion, capture and proposal execution, on-contract growth and successful customer relationship management.
As CGO, Fasano also leads teams in business development, capture operations, government affairs, communications and marketing, strategy and customer excellence.
According to Investing.com, the SEC filing from Leidos announcing Fasano’s retirement provides no additional details on the transition or its impact.
