Richard P. Sawchak Named Novetta Chief Financial Officer
VIENNA, Va., Aug. 28, 2012 /PRNewswire/ -- Novetta Solutions, an innovative professional services provider to federal and intelligence community clients, is pleased to announce the appointment of Richard Sawchak as its new Chief Financial Officer (CFO). Mr. Sawchak will be responsible for corporate finance, accounting, contracts, compliance, information technology, and treasury management. He will also serve as the Corporate Secretary.
Mr. Sawchak comes to Novetta from Shafer Corporation, where he served as Executive Vice President and CFO and was responsible for all aspects of finance, accounting, contract administration, compliance, human resources and recruiting.
Prior to that, Mr. Sawchak served as Senior Vice President and CFO of Paradigm Solutions. At Paradigm, Mr. Sawchak was responsible for the finance, accounting, corporate development, recruiting, and information technology functions. Mr. Sawchak has extensive experience in financial management, corporate finance, and the execution and integration of acquisitions for public and private equity backed companies. During his tenure, Paradigm Solutions was purchased by CACI International of Arlington, VA.
Mr. Sawchak holds a Bachelor of Science Degree in Finance from Boston College's Carroll School of Management where he graduated Summa Cum Laude. He also holds a Master's Degree in Entrepreneurial Finance and Strategic Cost Management from the Olin Graduate School of Management at Babson College.
Welcoming Mr. Sawchak to the Company, Novetta CEO Peter B. LaMontagne commented, "Rich's technology focused experience as a CFO with private equity backed and publicly traded company experience is a perfect fit for Novetta. In addition, Rich's work ethic and mission-focus also make him a terrific complement to the Executive Team at Novetta."
About Novetta Solutions
Novetta Solutions (Novetta) was created to address the country's most pressing National Security needs by utilizing a combination of organic and acquisition growth to deliver technology-rich software and IT services to the National Security Community. Novetta means "10 to the 27th power" or a billion, billion, billion and reflects the companies' big data heritage and ability to solve massive problems. For more information please visit our website at www.novetta.com.
SOURCE Novetta Solutions, LLC