STG president to retire by end of 2016

STG Group, Inc. (OTCQB: STGG) has reported STG president Paul Fernandes will retire in 2016, the company said.

Fernandes said he plans to continue as president of the company until the end of the year, pending the appointment of a CEO.

Since the company´s completed business combination with Global Defense & National Security Systems, Inc. late last year, STG Group has made several key additions to its leadership team. These include Charles “Chuck” Cosgrove as chief financial officer, Dale Davis as chief integration officer, Gavin Long as senior vice president of corporate development, Joseph Nicholas as senior vice president of the cybersecurity business and Tim Denning as vice president of business development.

STG Group, Inc. is a provider of technology, cyber and data solutions to more than 50 US federal agencies.