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Contact: Steve Ely, Founder 202-449-8500 x101 or sgely@equitycorps.com A&T Systems Hires Equity Corps' Rick Hundley As COO to Execute Growth Strategy
Washington, DC January 14, 2010 – Equity Corps, which offers independent companies an alternative to an executive search firm and specializes in durable founder succession and C(x)O recruiting, announced that Rick Hundley has joined A&T Systems, Inc. (A&T) as Chief Operating Officer. Hundley will be responsible for executing A&T’s growth strategy. A&T, a 25 year old Government Telecommunications & IT Services contractor, was looking for an experienced COO who was capable of driving growth, shared A&T’s high standards of ethics and quality, and fit with the company’s collegial culture. A&T chose Equity Corps as an alternative to using an executive search firm. “I am really looking forward to working with Rick to grow our business,” says A&T Founder & CEO Ashok Thareja. “Equity Corps delivered a higher quality slate of candidates faster than either the big name retained search firm or the contingency recruiters we have previously used. They put skin in the game and are continuing to work with us in support of our business mission. I am confident that in hiring Rick, I have the best possible #2 at A&T. “Top executives are frequently stultified in large companies, which are often typified by bureaucratized decision making, corporate politics, and a myopic quarterly earnings chase,” comments Steve Ely, founder of Equity Corps. “Declining executive tenure – now down close to 30 months – accentuates executive discontentment, as do increasingly limited opportunities to build personal wealth. Consequently, high potential independent companies have a significant competitive advantage in recruiting top executive talent – genuine opportunity.” “Rick is passionate about growing businesses, shares Equity Corps’ shareholder value focus, and has delivered results in diverse roles and environments. I am confident that he will help A&T get to the next level.” Hundley brings over 20 years of Federal contracting and leadership experience to A&T, including senior executive leadership positions at SAFRAN, Lockheed Martin and General Dynamics. Hundley’s recent experience includes 7 years as President & CEO of SAFRAN USA, where he grew revenues from $350 Million to $1.2 Billion. Previously, Hundley led worldwide sales and marketing for Lockheed Martin Aeronautical Systems and served as President & CEO of General Dynamics Product Support & Services “A&T has built a great foundation based on strong fundamentals – quality, customer focus, continuous improvement,” says Hundley. I am really excited about the opportunity to grow the business. As much as I value my experiences working for large companies and private equity sponsors, I am thrilled to be working directly with A&T’s Founder in an energetic, collegial and entrepreneurial environment.” About Equity Corps Equity Corps offers an alternative to executive search. We help independent companies acquire exceptional executives and achieve outstanding financial results together. We differ from executive search firms in three ways —
To learn more about our alternatives to conventional executive search, visit us online at http://www.equitycorps.com. ### |
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