Attached files
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EX-99.1 - ATS CORP | v199333_ex99-1.htm |
UNITED
STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
Date
of Report (Date of earliest event reported): October 19,
2010
ATS
Corporation
(Exact
name of registrant as specified in its charter)
Delaware
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000-51552
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11-3747850
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(State
or other
jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS
Employer
Identification
No.)
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7925 Jones Branch Drive, McLean,
Virginia
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22102
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code: (571)
766-2400
Not
Applicable
(Former
name or former address, if changed since last report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
o
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Written communications pursuant to
Rule 425 under the Securities Act (17 CFR
230.425)
|
o
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Soliciting material pursuant to
Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)
|
o
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Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
|
o
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Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Item
5.02
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On
October 19, 2010, ATS Corporation (“the Company”) announced that the Board of
Directors elected Sidney E. Fuchs, age 49, as the President and Chief Executive
Officer of the Company effective January 1, 2011 and appointed him as a Director
of the Board, effective October 19, 2010. He will serve as a Class
III director and will be up for election at the Company’s 2011 annual meeting of
stockholders. Mr. Fuchs is not expected to serve on any board
committees upon his appointment to the Board of Directors.
The
Company also announced that current President and Chief Executive Officer Dr.
Edward H. Bersoff is expected to resign, also effective January 1,
2011, although he will remain as a member and Chairman of the Company’s Board of
Directors.
Mr. Fuchs
is currently the Company’s Executive Vice President and Chief Operating Officer,
having served in that role since April 5, 2010. Before joining ATSC,
Mr. Fuchs was the President and Chief Executive Officer of OAO Technology
Solutions (“OAOT”) from 2007 to 2010, a global provider of
information technology services to commercial and government customers that was
sold in January of this year to Platinum Equity, a private equity firm with over
$27 billion in aggregate portfolio company revenue. From 2002 to
2007, he served in two executive roles with Northrop Grumman Corporation
(“Northrop”). He was the President of Northrop’s Information
Technology’s Civilian Agencies Group, a $1.4 billion unit delivering IT services
to the healthcare, homeland security, public safety and federal civilian
markets. Prior to this position, he was the President and Chief
Executive Officer of TASC Inc., at the time a Northrop subsidiary providing
systems engineering expertise to the intelligence, aerospace and defense
markets, which grew organically from $450 million to over $1.2 billion during
his tenure.
In
addition, he has held other management positions at Rational Software, Oracle
Corporation and Digital Equipment Corporation. Earlier in his career, he was a
Central Intelligence Agency officer and he served in various operations,
engineering, and management roles worldwide. In 2008, the Undersecretary of
Defense for Intelligence appointed Mr. Fuchs to the Defense Science Board as a
member of the Permanent Task Force on Intelligence. Upon nomination by the White
House in 2002, he was appointed by the Secretary of Defense to the National
Defense University (“NDU”) Board of Visitors and in 2003 was named an NDU
Distinguished Visiting Fellow. In August of 2010, he was commissioned
by Commonwealth of Virginia Governor Robert F. McDonnell to the Global
Strategies Council of the Southern Growth Policies Board, an organization that
serves as the southern states advocate for all aspects of state-level
international economic development.
The press
release containing this announcement is filed hereto as
Exhibit 99.1.
Item
9.01
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Financial
Statements and Exhibits
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(d)
Exhibits
99.1
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Press
Release Dated October 19, 2010
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
Date:
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October
19, 2010
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ATS
CORPORATION
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By:
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/s/ Dr. Edward H. Bersoff
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Dr.
Edward H. Bersoff
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Chairman,
President and
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Chief
Executive Officer
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