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VSE Corporation Announces Executive Leadership Appointments Supporting Business Transformation and Growth Strategy

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VSE (NASDAQ: VSEC) announced key executive leadership changes to support its transformation into a pure-play aviation aftermarket parts and services provider following its Fleet segment divestiture. Ben Thomas, previously President of VSE Aviation, has been promoted to Chief Operating Officer, where he will lead all revenue channels including Distribution, MRO, and OEM Solutions.

Krista Stafford has been elevated to Chief Human Resources and Administrative Officer, expanding her role to oversee business integration and enterprise-wide administrative services. The company also announced that Tobi Lebowitz will join as the new Chief Legal Officer on March 31, 2025, replacing Farinaz Tehrani who is departing after nearly four years.

These appointments, along with Adam Cohn (CFO) and Garry Snow (Chief Growth Officer), complete VSE's executive team restructuring, aimed at creating a streamlined 'One-VSE' approach to enhance operational excellence and drive strategic execution.

VSE (NASDAQ: VSEC) ha annunciato importanti cambiamenti nella leadership esecutiva per supportare la sua trasformazione in un fornitore esclusivo di parti e servizi aftermarket per l'aviazione, a seguito della dismissione del segmento Fleet. Ben Thomas, precedentemente Presidente di VSE Aviation, è stato promosso a Chief Operating Officer, dove guiderà tutti i canali di reddito, inclusi Distribuzione, MRO e Soluzioni OEM.

Krista Stafford è stata elevata a Chief Human Resources and Administrative Officer, ampliando il suo ruolo per supervisionare l'integrazione aziendale e i servizi amministrativi a livello enterprise. L'azienda ha anche annunciato che Tobi Lebowitz entrerà come nuovo Chief Legal Officer il 31 marzo 2025, sostituendo Farinaz Tehrani, che lascia dopo quasi quattro anni.

Questi incarichi, insieme ad Adam Cohn (CFO) e Garry Snow (Chief Growth Officer), completano la ristrutturazione del team esecutivo di VSE, mirata a creare un approccio 'One-VSE' per migliorare l'eccellenza operativa e guidare l'esecuzione strategica.

VSE (NASDAQ: VSEC) anunció cambios clave en el liderazgo ejecutivo para apoyar su transformación en un proveedor exclusivo de piezas y servicios de posventa de aviación tras la desinversión de su segmento Fleet. Ben Thomas, anteriormente Presidente de VSE Aviation, ha sido promovido a Chief Operating Officer, donde liderará todos los canales de ingresos, incluidos Distribución, MRO y Soluciones OEM.

Krista Stafford ha sido elevada a Chief Human Resources and Administrative Officer, ampliando su rol para supervisar la integración empresarial y los servicios administrativos a nivel empresarial. La compañía también anunció que Tobi Lebowitz se unirá como nuevo Chief Legal Officer el 31 de marzo de 2025, reemplazando a Farinaz Tehrani, quien se va después de casi cuatro años.

Estos nombramientos, junto con Adam Cohn (CFO) y Garry Snow (Chief Growth Officer), completan la reestructuración del equipo ejecutivo de VSE, con el objetivo de crear un enfoque 'One-VSE' para mejorar la excelencia operativa y impulsar la ejecución estratégica.

VSE (NASDAQ: VSEC)는 Fleet 부문 매각 이후 항공기 애프터마켓 부품 및 서비스 제공업체로의 변화를 지원하기 위해 주요 경영진 변경을 발표했습니다. Ben Thomas는 이전에 VSE Aviation의 사장이었으며, COO로 승진하여 유통, MRO 및 OEM 솔루션을 포함한 모든 수익 채널을 이끌게 됩니다.

Krista Stafford는 Chief Human Resources and Administrative Officer로 승진하여 비즈니스 통합 및 기업 전반의 행정 서비스를 감독하는 역할을 확대했습니다. 또한, Tobi Lebowitz가 2025년 3월 31일 새로운 Chief Legal Officer로 합류할 예정이며, 이는 거의 4년간 재직한 Farinaz Tehrani의 후임입니다.

이러한 임명은 Adam Cohn (CFO) 및 Garry Snow (Chief Growth Officer)와 함께 VSE의 경영진 팀 재구성을 완료하며, 'One-VSE' 접근 방식을 통해 운영 우수성을 향상하고 전략적 실행을 추진하는 것을 목표로 합니다.

VSE (NASDAQ: VSEC) a annoncé d'importants changements au sein de sa direction exécutive pour soutenir sa transformation en un fournisseur exclusif de pièces et de services de rechange pour l'aviation suite à la cession de son segment Fleet. Ben Thomas, anciennement président de VSE Aviation, a été promu au poste de directeur des opérations (COO), où il dirigera tous les canaux de revenus, y compris la distribution, la MRO et les solutions OEM.

Krista Stafford a été élevée au poste de directrice des ressources humaines et des services administratifs, élargissant son rôle pour superviser l'intégration des entreprises et les services administratifs à l'échelle de l'entreprise. L'entreprise a également annoncé que Tobi Lebowitz rejoindra l'équipe en tant que nouveau directeur juridique le 31 mars 2025, remplaçant Farinaz Tehrani, qui part après près de quatre ans.

Ces nominations, avec Adam Cohn (CFO) et Garry Snow (directeur de la croissance), complètent la réorganisation de l'équipe exécutive de VSE, visant à créer une approche 'One-VSE' pour améliorer l'excellence opérationnelle et favoriser l'exécution stratégique.

VSE (NASDAQ: VSEC) hat wichtige Veränderungen in der Führungsspitze angekündigt, um seine Transformation zu einem reinen Anbieter von Ersatzteilen und Dienstleistungen für die Luftfahrt nach der Veräußertung des Fleet-Segments zu unterstützen. Ben Thomas, zuvor Präsident von VSE Aviation, wurde zum Chief Operating Officer befördert und wird alle Einnahmequellen, einschließlich Vertrieb, MRO und OEM-Lösungen, leiten.

Krista Stafford wurde zur Chief Human Resources and Administrative Officer ernannt und erweitert ihre Rolle, um die Unternehmensintegration und die administrativen Dienstleistungen im gesamten Unternehmen zu überwachen. Das Unternehmen gab außerdem bekannt, dass Tobi Lebowitz am 31. März 2025 als neuer Chief Legal Officer eintritt und Farinaz Tehrani ersetzt, die nach fast vier Jahren ausscheidet.

Diese Ernennungen, zusammen mit Adam Cohn (CFO) und Garry Snow (Chief Growth Officer), vervollständigen die Umstrukturierung des Führungsteams von VSE, die darauf abzielt, einen einheitlichen 'One-VSE'-Ansatz zu schaffen, um die betriebliche Exzellenz zu verbessern und die strategische Umsetzung voranzutreiben.

Positive
  • Strategic transformation to focus on high-value aviation aftermarket business
  • Streamlined corporate structure with unified leadership team
  • Successful divestiture of non-core assets (Fleet segment)
Negative
  • Loss of key executive with departure of Chief Legal Officer Farinaz Tehrani

MIRAMAR, Fla.--(BUSINESS WIRE)-- VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aftermarket distribution and repair services, today announced executive leadership appointments supporting the Company’s business transformation to a pure-play aviation aftermarket parts and services provider. Following the recently announced Fleet segment divestiture, these changes are designed to support the Company’s future growth and strategic priorities and drive a more streamlined corporate structure.

Ben Thomas, President of VSE Aviation, has been promoted to Chief Operating Officer for VSE Corporation. Since joining VSE in October 2020 as Group President, Ben has played a pivotal role in growing the Aviation business segment into the global market leading aviation aftermarket parts and services provider that the business is today. In his new role, Ben will lead all revenue channels, including Distribution, Maintenance, Repair and Overhaul (“MRO”), and OEM Solutions, as well as enterprise-wide Information Technology for the Company.

Krista Stafford, Chief Human Resources Officer, has been promoted to Chief Human Resources and Administrative Officer for VSE Corporation. Krista joined VSE in January 2020 and has been instrumental in supporting the Company’s journey and business transformation. In her expanded role, Krista will oversee business and acquisition integration leadership and enterprise-wide administrative services, ensuring a cohesive and strategic approach to talent and organizational development.

Farinaz Tehrani, Chief Legal Officer, has decided to pursue other opportunities after almost four years at the Company. Farinaz joined VSE in August 2021 and has been a key contributor in supporting the transformation of the Company towards its next chapter.

Tobi Lebowitz joins VSE as the Company’s new Chief Legal Officer. Most recently, Tobi served as Chief Legal Officer and Corporate Secretary for Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator. Prior to Jushi, Tobi served as the Associate General Counsel of KLX Inc. (formerly KLXI), where she played pivotal roles in the sale of its aerospace segment to Boeing for $4.25B and the spin-off of its energy segment into a new, publicly traded company (KLXE). Tobi earned her BS and JD from the University of Florida, and holds certificates in Human Resources, and Compensation and Benefits from Florida Atlantic University. Tobi will join VSE on March 31, 2025, succeeding Farinaz Tehrani.

“We have made significant progress in executing our business transformation strategy, including the anticipated divestiture of all non-core assets,” said John Cuomo, President and CEO of VSE Corporation. “To support our next chapter, we are restructuring our executive team to create a single business-focused leadership group that will drive our strategies forward. I congratulate Ben Thomas and Krista Stafford on their well-deserved promotions and thank them for their continued leadership. I would also like to express my appreciation to Farinaz Tehrani for her invaluable contributions to our transformation efforts. We wish her all the best in her future endeavors. Additionally, I am excited to welcome Tobi Lebowitz as our new Chief Legal Officer. Having previously worked closely with Tobi, I know her expertise and experience will be instrumental as we continue our transformation journey. With this dynamic and experienced team, I am confident in our ability to capitalize on the opportunities ahead.”

“I am thrilled to get back to my roots in the aerospace industry and very fortunate to do so with such an accomplished team of professionals, many of whom I had the pleasure of working with previously, said Tobi Lebowitz. “I look forward to collaborating with the VSE team to strengthen the Company's legal framework with a business-minded approach and drive the next chapter of growth.”

The announcements today along with Adam Cohn (Chief Financial Officer) and Garry Snow (Chief Growth Officer) comprise the VSE Executive team following the Fleet segment divestiture. The new structure is designed to create a new One-VSE approach to the market, enhance operational excellence, drive strategic execution, and position VSE Corporation for continued growth.

ABOUT VSE CORPORATION

VSE is a leading provider of aftermarket distribution and repair services. Operating through its two key segments, VSE significantly enhances the productivity and longevity of its customers' high-value, business-critical assets. The Aviation segment is a leading provider of aftermarket parts distribution and maintenance, repair, and overhaul (MRO) services for components and engine accessories to commercial, business, and general aviation operators. The Fleet segment specializes in part distribution, engineering solutions, and supply chain management services catered to the medium and heavy-duty fleet market. For more detailed information, please visit VSE's website at www.vsecorp.com.

FORWARD-LOOKING STATEMENTS

This press release contains certain forward-looking statements. These forward-looking statements, which are included in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, may involve known and unknown risks, uncertainties and other factors that may cause VSE’s actual results to vary materially from those indicated or anticipated by such statements. Many factors could cause actual results and performance to be materially different from any future results or performance, including, among others, the risk factors described in our reports filed or expected to be filed with the SEC. Any forward-looking statement or statement of belief speaks only as of the date of this press release. We undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

INVESTOR RELATIONS CONTACT:

Michael Perlman

Vice President of Investor Relations and Treasury

Phone: (954) 547-0480

Email: investors@vsecorp.com

Source: VSE Corporation

FAQ

What strategic changes is VSE (VSEC) implementing in its business transformation?

VSE is transforming into a pure-play aviation aftermarket parts and services provider, divesting its Fleet segment and restructuring its executive leadership team to create a more streamlined corporate structure.

Who are the key executives appointed in VSE 's (VSEC) leadership restructuring?

Key appointments include Ben Thomas as COO, Krista Stafford as Chief HR and Administrative Officer, and Tobi Lebowitz joining as Chief Legal Officer on March 31, 2025.

What will be Ben Thomas's new role as COO of VSE (VSEC)?

As COO, Thomas will lead all revenue channels, including Distribution, Maintenance, Repair and Overhaul (MRO), OEM Solutions, and enterprise-wide Information Technology.

How is VSE (VSEC) structuring its executive team after the Fleet segment divestiture?

The executive team will consist of John Cuomo (CEO), Ben Thomas (COO), Krista Stafford (CHRAO), Tobi Lebowitz (CLO), Adam Cohn (CFO), and Garry Snow (Chief Growth Officer).

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2.17B
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7.46%
Aerospace & Defense
Services-engineering Services
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United States
MIRAMAR