Sevatec announces appointment of Rick Roth as CFO
Sevatec, Inc. (Sevatec) of Fairfax, VA announced on October 20 that it has named former Sevatec Board of Advisors member, Richard “Rick” Roth, as its new Chief Financial Officer (CFO). In this role, Roth will have overall responsibility for finance, accounting, and contract management functions across the firm and will play an integral role in supporting Sevatec’s strategic and operational objectives.
“Rick is a hands-on business leader and we have been fortunate to have his guidance as a member of our Board,” said Balan Ayyar, president and CEO of Sevatec. “I am delighted to more fully leverage his broad financial and operational expertise across the government and technology industries to take Sevatec through its next chapter of growth.”
Roth has over 35 years of experience leading and advising government contracting and technology firms, ranging in size from start-ups to multi-billion dollars. He has served as CFO for five different companies over the past 20 years, leading all aspects of finance and accounting, contracts, human resources, business operations, and pricing. Roth also has significant M&A experience, closing and integrating approximately ten strategic acquisitions including the negotiation and sale of QSS Group, a $300M IT services government contractor, to Perot Systems. In addition to his role as CFO at QSS Group, he held senior finance positions with Intellisource, Sprint, Hughes Network Systems, and Price Waterhouse, LLP, among others.
Commenting on his appointment, Roth said, “When Sevatec leadership asked me to come on board, I was honored. I have known the company for quite some time and have always respected the way they value their employees, customers, and the taxpayer. I am excited about this expanded role and look forward to working with the team at all levels to further outpace our competition.”