Wednesday, May 10, 2006

Kevin Parker replaces Ken deLaski as Chairman

Continuing the series of management changes with New Mountain Capital playing a more active role, Deltek's board of directors unanimously elected company President and CEO Kevin Parker to the additional post of Chairman. There were some other changes to the board as well.
Mr. Parker will succeed Ken deLaski, who held the Chairman role at Deltek and retired from the board effective April 26, 2006. Co-founding Deltek with his father Donald in 1983, Mr. deLaski served as president and CEO of Deltek from 1996 to 2005 and was instrumental in leading Deltek's strategic vision and operating success for the past 23 years.

Please click on "Read the rest of this article!" link below to read more.

The full press release is available from

Kevin Parker Elected Deltek Chairman, Succeeding Ken deLaski; Alok Singh Named Lead Director, Two New Directors Appointed to Board

Here are some excerpts from the press release:

The board also unanimously elected Alok Singh, Managing Director at private equity firm New Mountain Capital, to Lead Director of the board. Mr. Singh has served in a number of senior management roles, including leading the Corporate Financial Advisory Group for the Americas for Barclays Capital, and serving as senior managing director at Bankers Trust Securities. Mr. Singh has been a member of Deltek's board of directors since April 2005.

The Board also elected two new members. Kathleen deLaski, sister of Ken deLaski and president of the Sallie Mae Fund, joined the board as a director. Ms. deLaski recently served as senior vice president, chief communications officer, and SVP of consumer marketing at Sallie Mae, the nation's largest education finance company. In addition, she has held positions as group director at AOL and chief spokeswoman for the Pentagon.

The board also elected Joseph Kampf, Chief Executive Officer of Anteon International Corporation, as a director. Anteon is regarded as a premier provider of information technology solutions and systems engineering and integration services to the U.S. federal government. Mr. Kampf led Anteon in one of 2002's most successful initial public offerings and over the past nine years has grown the company from $109 million to $1.49 billion in annual revenue.


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