CACI International Inc : CACI Announces CEO Transition
06/06/2012| 04:30pm US/Eastern

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President and CEO Paul M. Cofoni to Retire as of December 1, 2012,
Named Chief Advisor to CACI Executive Chairman Effective July 1, 2012
President of U.S. Operations Daniel D. Allen Appointed President
and CEO
U.S. Operations COO John S. Mengucci Named COO and President of
U.S. Operations
CACI International Inc (NYSE: CACI) announced today that
President and Chief Executive Officer Paul M. Cofoni has notified the
company of his intention to retire as of December 1, 2012. To support a
smooth and efficient CEO transition, effective July 1, 2012, Mr. Cofoni
will assume the role of Chief Advisor to Executive Chairman of the Board
Dr. J.P. (Jack) London. Current President of U.S. Operations Daniel D.
Allen will be appointed President and CEO; and current Chief Operating
Officer of U.S. Operations John S. Mengucci will be named Chief
Operating Officer and President of U.S. Operations.
Dr. London stated, "As CACI completes its 50th year in business, I thank
Paul Cofoni for his exceptional leadership and his outstanding
contributions to our historic growth. His service now as Chief Advisor
to me and our Board will assure a seamless CEO transition while
continuing his valuable work with our company. I look forward to working
with Dan Allen and the valuable experience and strength he brings to our
company."
Mr. Cofoni said, "CACI today is a leader in our industry and a driving
force in delivering innovative solutions for our clients and value for
our shareholders. Our growth strategy will continue under the leadership
of Dan Allen, an exceptional and well-respected professional who
possesses outstanding experience with large, Tier 1 organizations in our
market space. Dan will continue to make CACI the employer of choice for
talented professionals as he sustains our focus on operational
excellence, innovation, our industry-leading mergers and acquisitions
program, and growing our business. Joining Dan will be John Mengucci as
COO and President of U.S. Operations, bringing proven and complementary
capabilities to this outstanding partnership. I thank CACI's Board of
Directors for its support and confidence in me, and I look forward to
continuing my service to the Board now as Chief Advisor. I am also proud
to have led CACI's talented professionals whose pride in their work can
be seen every day in the innovative solutions they provide to our
clients, who have the most important missions in the world in serving
our citizens and protecting our nation."
Paul Cofoni joined CACI as President of U.S. Operations in August 2005,
and was named President and CEO in July 2007. Under Mr. Cofoni's
guidance, CACI grew from approximately 9,500 employees to its current
base of some 14,600 professionals. The company also set records for
financial performance, more than doubling in revenue from $1.6 billion
in 2005 to the currently projected $3.8 billion for its FY12, including
the integration of more than 20 acquisitions. Throughout this time, Mr.
Cofoni shaped CACI's extensive portfolio of solutions and services to
support defense, intelligence, homeland security, and government
transformation.
Mr. Cofoni is well-respected for his leadership of CACI's dedicated
employees. In 2011, his leadership earned him recognition as Government
Contractor Executive of the Year and was instrumental in CACI's
selection as the 2009 Government Contractor of the Year for companies in
its class. He is a two-time recipient of Federal Computer Week's "Fed
100" honor roll of IT pioneers in the federal government, and his
leadership was integral to Fortune magazine's selection of CACI
as among the 2012 Most Admired Companies in the world.
Another hallmark of Mr. Cofoni's career was his reengineering of CACI's
recruiting programs with a special focus on hiring veterans. He created
the company's Deploying Talent - Creating Careers program for
recruiting veterans with disabilities, now regarded as one of the
industry's preeminent veteran recruiting programs. This and similar
initiatives he launched have established CACI as a leader in helping
veterans transition to civilian life.
Dan Allen joined CACI as Chief Operating Officer of U.S. Operations in
March 2011, bringing a strong track record of maintaining consistent
growth in large operations within the information technology and
intelligence industry. His 30 years of experience includes leading the
development and delivery of information solutions in such areas as
intelligence, cyberspace, and enterprise IT services for Intelligence
Community, Department of Defense, and federal civilian clients. In
January 2012, he was named CACI's President of U.S. Operations. In this
role, he has championed initiatives promoting growth in CACI's existing
markets, expansion of its business base, program performance, and
leadership and employee development, positioning CACI to continue its
growth momentum.
Mr. Allen commented, "I am confident in the CACI Team and its ability to
compete and win in our large addressable market. We have a vibrant
culture based on agility and innovation, are unwavering in our ethics
and integrity, and have great employees working every day to meet our
commitments to clients and shareholders. We are focused on the
high-priority markets of defense, intelligence, homeland security, and
government transformation. We also expect to capitalize on high-growth
opportunities in cyberspace, healthcare IT, and Special Operations. We
have built a lean organization with a strong program of operational
excellence that continually delivers high client satisfaction. Our
mergers and acquisitions program will remain an important part of our
forward momentum, and our investments in our people, business, and
capabilities will enable CACI to effectively deliver on our client's
highest priorities. I now look forward to working with the CACI Board in
continuing the company's growth record. I also want to thank Paul Cofoni
for his wisdom and exceptional leadership and vision, which will be
invaluable to me in the future as I continue CACI's legacy of integrity,
innovation, client service, and our dedicated support for America's
greatest challenges."
John Mengucci joined CACI as Chief Operating Officer of U.S. Operations
in February 2012, also bringing considerable expertise in implementing
successful business strategies for multibillion-dollar organizations, as
well as extensive experience in serving the needs of both federal
civilian and Department of Defense clients. With CACI, Mr. Mengucci will
focus on operational excellence and driving increased efficiencies in
company business practices.
Mr. Mengucci said, "With CACI's highly diversified business base and our
employees' commitment to integrity and operational excellence, I see
significant opportunities for ongoing growth in core markets and
accelerated momentum in emerging markets that are key to our future
success. Our innovative solutions and strong record of program
performance consistently deliver high client satisfaction. I look
forward to leveraging the robust capabilities CACI brings to our
clients. I'm proud to partner with Dan Allen and our entire team of
highly skilled leaders whose vision and strategy are guiding one of the
top-performing companies in our industry."
CACI also announced its Fiscal Year 2013 guidance, reiterated its FY12
revenue and net income guidance, and stated its Board of Directors has
authorized a new share repurchase program, the second in this fiscal
year, for 4 million shares of the company's common stock. These actions
reflect CACI's continuing confidence in its future performance and stock
value, and reaffirm that the company maintains a steadfast commitment to
delivering value for its employees, clients, and shareholders.
Celebrating our 50th year in business, CACI sustains an exceptional
record of success by providing professional services and IT solutions
needed to prevail in the areas of defense, intelligence, homeland
security, and IT modernization and government transformation. We deliver
business system solutions; C2 solutions; cyberspace solutions;
enterprise IT solutions; geospatial solutions; healthcare IT solutions;
identity management solutions; integrated security solutions;
investigation and litigation support; ISR solutions; knowledge
management solutions; logistics and material readiness; mobility
solutions; and program management and SETA support. CACI solutions help
federal clients provide for national security, improve communications
and collaboration, secure information systems and networks, enhance data
collection and analysis, and increase efficiency and mission
effectiveness. A member of the Fortune 1000 Largest Companies and the
Russell 2000 index, CACI provides dynamic careers for approximately
14,600 employees working in over 120 offices in the U.S. and Europe.
Visit CACI on the web at www.caci.com
and www.asymmetricthreat.net.
There are statements made herein which do not address historical
facts, and therefore could be interpreted to be forward-looking
statements as that term is defined in the Private Securities Litigation
Reform Act of 1995. Such statements are subject to factors that could
cause actual results to differ materially from anticipated results. The
factors that could cause actual results to differ materially from those
anticipated include, but are not limited to, the risk factors set forth
in CACI's Annual Report on Form 10-K for the fiscal year ended June 30,
2011, and other such filings that CACI makes with the Securities and
Exchange Commission from time to time. Any forward-looking statements
should not be unduly relied upon and only speak as of the date hereof.
CACI-HR

CACI International Inc
Corporate Communications and Media:
Jody
Brown, Executive Vice President, Public Relations
703-841-7801
jbrown@caci.com
or
Investor
Relations:
David Dragics, Senior Vice President, Investor Relations
866-606-3471
ddragics@caci.com
© Business Wire 2012
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