Binary Group Appoints David P. Stephens to President and COO

Former Savi Technology CEO tapped to expand revenue growth and customer base

Mar 15, 2013, 13:32 ET from Binary Group

ARLINGTON, Va., March 15, 2013 /PRNewswire/ -- Binary Group, an award-winning and leading provider of technology solutions, training, and consulting services to the Federal Government, announced the appointment of David Stephens to President and Chief Operating Officer.  Stephens is responsible for strategy and execution, directing the overall sales, operations, and development of the company's solutions and service offerings.

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"David has exceptional experience and proven success delivering innovative, value-driven technologies and go-to-market strategies for both federal and commercial businesses," stated Rose Wang, CEO of Binary Group.  "We are extremely fortunate to have such a sought after executive to lead Binary's next phase of growth. David has already played a major role in charting the course for solution innovations, new strategies and focus within growth markets, resulting very positively.  Supported by an expanded, strong management team, I am excited and confident in David's ability to continue driving Binary forward."

Stephens draws from two decades of leadership experience in forging key relationships, growing revenues and building value in companies from start-ups to Fortune 500s.  Prior to his current position, Stephens was Chief Executive Officer of Savi Technology, where he led its growth, innovation and transformation into a global solutions company.  His success at Savi led to its acquisition by Lockheed Martin in 2006.  He was later appointed CEO where he increased global sales and market share while driving innovations that were adopted by the industry. 

Stephens has held executive management positions in general management, business development, sales, research and development, and business operations, including senior management positions at Lucent Technologies and AT&T Corp. At Lucent Technologies as Vice-President of Business Development-Government Solutions, he successfully led all growth efforts for the newly formed business unit.  During a 17-year career at AT&T, he established a reputation for success in business turnaround, innovative technology solutions and new business development while leading multiple business units.

Other positions Stephens has held include President and Chief Operating Officer of SIGCOM, Inc. and Managing Partner of The Tracey Group, a firm he co-founded that helped companies develop strategic market plans, build sales organizations and successfully conduct business with the Federal Government.

Stephens earned his MBA from the University of North Carolina at Greensboro and his BS Degree from Lenoir-Rhyne College. He has also completed the Advanced Management Program from UNC-Chapel Hill.  Stephens is a thought leader in various areas such as acquisitions, market expansion, new product/solution development and implementation, and sales/sales messaging, known for repeatable and consistent results.  He sits on the Advisory Board for MedLogistics, LLC.

About Binary Group

Binary Group is an award-winning, minority woman-owned small business (WOSB) providing technology solutions, training, and consulting to the Federal Government. Our practice areas are Financial Management, Enterprise Architecture, Cybersecurity and Analytics, and support to the Intelligence Community. Founded in 1996, Binary Group consistently delivers value to our clients through our unique Outcome Driven Enterprise Approach, supporting growth, transformational change and mission success.571-480-4444;

SOURCE Binary Group