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Parsons Corporation appoints Carey Smith to Board of Directors

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On December 21, 2020, Parsons Corporation (NYSE: PSN) announced the appointment of Carey Smith to its board of directors. Smith, who has been with Parsons since 2016, is currently the president and COO, responsible for global operations and growth strategies. CEO Chuck Harrington praised her operational leadership and experience as critical to the company's success. Smith expressed enthusiasm for driving innovation and addressing customer challenges as a board member. Her extensive qualifications include a doctorate and master's degrees in electrical engineering.

Positive
  • Carey Smith's appointment may strengthen governance with her operational expertise.
  • Smith's tenure includes significant roles that align with Parsons' growth strategy.
Negative
  • Potential concerns about continuity as Smith transitions from COO to board member.

CENTREVILLE, Va., Dec. 21, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) announced today that Carey Smith, president and chief operating officer at Parsons, has been appointed to the company's board of directors.

Smith is responsible for Parsons' global operations and implementing the corporate growth strategy built on continuous technology innovation.

"Carey has been central to our growth and success since joining Parsons," said Chuck Harrington, chairman and chief executive officer of Parsons Corporation. "Her proven track record at Parsons, operational leadership, proximity to our customers and their needs, and experience on other boards make her a natural addition to our board. On behalf of my fellow directors, I am pleased to welcome Carey to the board and look forward to her immediate contributions."

"It's been an honor working with my Parsons colleagues to deliver a better world and I am eager to be a member of the board to drive continued innovation and growth," said Carey Smith, president and chief operating officer. "We will continue solving our customers' most difficult challenges with differentiated products and solutions."

Smith joined Parsons in 2016 as president of the firm's Federal Solutions business where she helped shape and grow the current portfolio. She was appointed COO in 2018 when the company merged its Federal Solutions and Critical Infrastructure business segments to better position for technologically converged defense, intelligence and critical infrastructure markets and provide greater value for our customers. In 2019, she was promoted to president and COO.

Smith received an honorary doctorate degree from Ohio Northern University, a master's degree in electrical engineering from Syracuse University and a bachelor's degree in electrical engineering from Ohio Northern University. She serves on the boards of Edison International, the U.S. Geospatial Intelligence Foundation and the Professional Services Council and has received numerous industry awards.

To learn more about the Parsons' board, please visit: https://www.parsons.com/about/leadership/

About Parsons Corporation

Parsons (NYSE: PSN) is a leading disruptive technology provider in the global defense, intelligence, and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, connected infrastructure, and smart cities. Please visit parsons.com and follow us on LinkedIn and Facebook to learn how we're making an impact.

Parsons Quest Mark Logo (PRNewsfoto/Parsons Corporation)

Media Contact:
Bryce McDevitt           
+1 703.851.4425
Bryce.McDevitt@Parsons.com

Investor Relations Contact:
 Dave Spille
 + 1 571.655.8264
 Dave.Spille@parsons.com

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SOURCE Parsons Corporation

FAQ

What is the significance of Carey Smith's appointment to Parsons' board?

Carey Smith's appointment is expected to enhance governance and strategic oversight, leveraging her operational experience.

When was Carey Smith appointed to Parsons' board of directors?

Carey Smith was appointed to Parsons' board of directors on December 21, 2020.

What roles has Carey Smith held at Parsons Corporation?

Carey Smith has served as president and COO since 2018 and previously led the Federal Solutions business.

What is Carey Smith's educational background?

Carey Smith holds a master's degree and a bachelor's degree in electrical engineering, along with an honorary doctorate.

What impact might Smith's board appointment have on Parsons Corporation?

Smith's experience may contribute to strategic innovation and strengthen the company's focus on customer solutions.

Parsons Corporation

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Information Technology Services
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United States of America
CENTREVILLE