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VSE Corporation Announces Appointment of Stephen D. Griffin as Chief Financial Officer
ALEXANDRIA, Va.--(BUSINESS WIRE)-- VSE Corporation (NASDAQ: VSEC), a leading provider of distribution and maintenance, repair and overhaul (MRO) services for
About this update from Vse Corporation
[{"type":"text","content":" ALEXANDRIA, Va.--(BUSINESS WIRE)--\nVSE Corporation (NASDAQ: VSEC), a leading provider of distribution and maintenance, repair and overhaul (MRO) services for land, sea and air transportation assets in the public and private sectors, today announced the appointment of Stephen D. Griffin as Senior Vice President and Chief Financial Officer, effective November 9, 2020. Mr. Griffin will succeed Thomas Loftus, who previously announced his retirement. Mr. Loftus will remain with VSE until December 31, 2020, to facilitate a seamless transition.\n\nMr. Griffin joins VSE after more than a decade in senior finance leadership roles with GE, most recently as Chief Financial Officer of Engine Services at GE Aviation. In this role, Griffin led the financial organization for a $15 billion engine overhaul, repair and parts sales division, which included commercial pricing, contract restructuring and financial reporting. Earlier in his career, Griffin served as the CFO for GE Aviation’s Supply Chain Division, a role in which he led a team focused on product cost, sourcing, cash management and capital expenditures. While at GE, Griffin also served as a board member for multiple global joint ventures.\n\n“I am pleased to welcome Steve to our executive leadership team,” said John Cuomo, VSE President and Chief Executive Officer. “Steve is a strategic, operationally-minded financial executive with a proven ability to build, develop and lead high-performing teams. He brings to VSE a depth of experience managing sophisticated, multibillion-dollar financial organizations operating within dynamic global market environments, including those within the aerospace and industrials sector. With the addition of Steve, we continue to build a world-class team well-equipped to lead VSE into its next phase of growth and value creation.”\n\n“I am honored to join VSE during such a pivotal moment in its 60-year history,” stated Griffin. “VSE is a well-respected brand in the aftermarket and MRO services sector, and one whose customer-centric approach and deep technical expertise provide a strong foundation for growth. I am energized to be joining the organization as we enter this next chapter.”\n\nMr. Griffin will report directly to President and CEO John Cuomo and will oversee the organization’s finance, accounting, financial planning and analysis, internal audit, ...