Telos Corporation Expands Team to Amplify Federal and Commercial Portfolios

Rhea-AI Summary

Telos Corporation (NASDAQ: TLS) has announced the appointment of two experienced executives to enhance its federal and commercial operations. Josh Salmanson joins as senior vice president of Technology Solutions, bringing nearly 30 years of cybersecurity expertise. Lee Canterbury arrives as vice president of Corporate Growth, boasting over 35 years in business development with a record of securing contracts worth more than $1.4 billion in federal initiatives. Their addition is expected to drive growth and improve win rates across Telos' portfolios, positioning the company to better meet evolving customer challenges.

Positive

• Appointment of Josh Salmanson and Lee Canterbury enhances leadership team.
• Salmanson has nearly 30 years of experience in cybersecurity and technology.
• Canterbury has secured over $1.4 billion in federal contract awards.

Negative

• None.

Two new additions bring more than 60 combined years of experience driving growth for technology solutions

ASHBURN, Va., Feb. 21, 2023 (GLOBE NEWSWIRE) -- Telos Corporation (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the world’s most security-conscious organizations, today announced the addition of two seasoned executives to expand Telos’ federal and commercial business. Joining the team is industry veteran and cybersecurity expert Josh Salmanson, the Company’s senior vice president of Technology Solutions, and Lee Canterbury, the Company’s vice president of Corporate Growth.

“Josh and Lee will bring a dynamism and energy that will be necessary to increase the velocity of our new business pursuits while strengthening the position of our technologies and increasing win rates across our federal and commercial portfolios,” said Mark Griffin, executive vice president of Security Solutions, Telos. “They each have track records of successfully growing business value across a vast portfolio of customer accounts and technology offerings. Adding this top talent to our roster is critical to positioning Telos’ technology and solution stack to address our customers’ evolving challenges.”

About Salmanson
Salmanson holds nearly 30 years of experience as a senior cyber and information technology executive with a record of success leading technology and solutions for organizations serving commercial and government customers. Recognized as one of the “Top 25 Cyber Execs to Watch,” Salmanson’s experience as an advisor, strategist, lead solution architect, and relationship builder will strengthen Telos’ successful Technology Solutions program.

As a senior business leader, Salmanson has led multiple high-performance teams on large programs of record for leading systems integrators and aerospace and defense firms. He holds numerous vendor and industry certifications, including QTE, CISSP, CSSLP, SAFe 5 Agilist and Certified Scrum Master. He earned his master's degree in information and telecommunications systems from Johns Hopkins University and two bachelor's degrees from the University of Maryland.

About Canterbury
Canterbury is a senior growth executive with over 35 years of successfully implementing business development strategies for commercial organizations serving the private and public sectors. Having led strategy and business development efforts across numerous federal government agencies, he holds an impressive track record of funded contract awards valued at over $1.4 billion. Additionally, he has won numerous awards across several government-wide acquisition contracts (GWAC), which are critical to positioning Telos for sustained growth within the federal government market.

Canterbury served in executive positions at SAIC, General Dynamics IT, and other federal technology companies. He earned two master's degrees in business management and engineering management from George Mason University and two bachelor's degrees from West Virginia University.

Forward-Looking Statements
This press release contains forward-looking statements which are made under the safe harbor provisions of the federal securities laws. These statements are based on the Company’s management’s current beliefs, expectations and assumptions about future events, conditions and results and on information currently available to them. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. The Company believes that these risks and uncertainties include, but are not limited to, those described under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” set forth from time to time in the Company’s filings and reports with the U.S. Securities and Exchange Commission (SEC), including its Annual Report on Form 10-K for the year ended December 31, 2021, as well as future filings and reports by the Company, copies of which are available at https://investors.telos.com and on the SEC’s website at www.sec.gov.

Although the Company bases these forward-looking statements on assumptions that the Company’s management believes are reasonable when made, they caution the reader that forward-looking statements are not guarantees of future performance and that the Company’s actual results of operations, financial condition and liquidity, and industry developments, may differ materially from statements made in or suggested by the forward-looking statements contained in this release. Given these risks, uncertainties and other factors, many of which are beyond its control, the Company cautions the reader not to place undue reliance on these forward-looking statements. Any forward-looking statement speaks only as of the date of such statement and, except as required by law, the Company undertakes no obligation to update any forward-looking statement publicly, or to revise any forward-looking statement to reflect events or developments occurring after the date of the statement, even if new information becomes available in the future. Comparisons of results for current and any prior periods are not intended to express any future trends or indications of future performance, unless specifically expressed as such, and should only be viewed as historical data.

About Telos Corporation
Telos Corporation (NASDAQ: TLS) empowers and protects the world’s most security-conscious organizations with solutions for continuous security assurance of individuals, systems, and information. Telos’ offerings include cybersecurity solutions for IT risk management and information security; cloud security solutions to protect cloud-based assets and enable continuous compliance with industry and government security standards; and enterprise security solutions for identity and access management, secure mobility, organizational messaging, and network management and defense. The company serves commercial enterprises, regulated industries and government customers around the world. 

Media:
media@telos.com

Investors:
InvestorRelations@telos.com

FAQ

Who are the new executives appointed at Telos Corporation?

Josh Salmanson as senior vice president of Technology Solutions and Lee Canterbury as vice president of Corporate Growth.

What experience does Josh Salmanson bring to Telos Corporation?

Salmanson has nearly 30 years of experience in cybersecurity and technology.

How much federal contract value has Lee Canterbury secured?

Canterbury has a record of funded contract awards valued at over $1.4 billion.

What is the impact of these new appointments on Telos Corporation?

The new executives are expected to drive growth and improve win rates across Telos' federal and commercial portfolios.

What is the stock symbol for Telos Corporation?

The stock symbol for Telos Corporation is TLS.