Mac Curtis
Mac Curtis, the president, chairman and CEO of Chantilly-based federal IT contractor Perspecta Inc., plans to retire this year and will be replaced by the head of Peraton Inc., the Herndon-based national security contractor that is acquiring Perspecta, according to documents filed with the U.S. Securities and Exchange Commission.
In an undated letter to employees, Curtis announced he will retire after Peraton closes on its $7.1 billion all-cash acquisition of Perspecta, announced on Jan. 27 and expected to occur during the first half of 2021. Peraton Inc. Chairman, President and CEO Stu Shea will oversee the combined companies, which will retain the Peraton name, according to a second letter filed with the SEC on Feb. 2 by Ramzi Musallam, CEO and managing partner of private investment firm Veritas Capital, Peraton’s parent company.
“There have been many questions about my role going forward,” Curtis wrote to Perspecta staff members, “so I’d like to address the speculation directly and share some personal news with you. It is my intent to retire after this transaction closes. This is not a goodbye note in any way — there is much important work still to do! I felt it was important to share this decision so rumors do not distract us at this crucial time. Serving as Perspecta’s chairman and CEO has been the honor of my lifetime. I will remain your leader, champion and voice as we navigate through this intricate process together.”
