IAI names Jamie Benoit chairman and CEO
On August 26, Fairfax, VA-based Information Analysis Incorporated (“IAI”) announced the appointment of Jamie Benoit as its chairman of the board and chief executive officer. Benoit brings to IAI an impressive track record delivering impressive shareholder returns.
Under his leadership and through acquisitive and organic growth, Benoit will aggressively strive to reposition the company as a disruptive technology and commercial enablement leader in government and global private sector verticals. Benoit comes to IAI as a CEO with deep experience in private equity and corporate finance as well as distinguished service in the military, civilian government, and elected office. Benoit will work alongside former CEO Stan Reese, who will remain president and continue to manage operations at IAI.
Prior to joining IAI, Benoit spent much of his career devoted to the defense and intelligence operations of the United States. For over a decade, he served as chief executive officer of FedData, a technology products and services firm focused on mission support in the intelligence community and DoD. FedData continues to deliver innovative hardware, data transport, software engineering, and computer network operations solutions through several prime contracts with various organizations.
Benoit led FedData through the acquisition of three different companies and through a sale in 2018 that delivered an 80%+ IRR to FedData’s initial private equity partners and employee shareholders. He subsequently delivered nearly 50% EBITDA growth in 18 months to his new private equity partners prior to leaving the company in 2019. During his tenure he led the company through a complicated integration and retained 90%+ of the acquired company workforce.
Benoit is a graduate of Georgetown University Law Center, the University of Baltimore, and St. Mary’s College of Maryland.
Benoit stated, “IAI has offered best-in-class systems modernization government services and has been a stable presence in the public markets for over a quarter-century. Its workforce offers the perfect blend of entrepreneurial spirit and technical skills to enable the Board’s and leadership team’s vision for the future. I look forward to building on the services we provide to our government partners, helping find new ways to solve hard problems, acquiring new capabilities, rapidly repositioning the business in the public markets and expanding our products and services to commercial enterprises.”
Stan Reese, president, noted, “I am delighted that Jamie is joining IAI and look forward to working together. His deep experience across markets where IAI operates will enable him to work seamlessly with our customers and rapidly grow our business.”