DRC Announces Kenneth F. Kames Retirement From Board of Directors
02 Julho 2010 - 9:01AM
Dynamics Research Corporation (Nasdaq:DRCO), a leading provider of
innovative management consulting, engineering, and technology
solutions to federal and state governments, today announced that
Kenneth F. Kames has retired from the Company's Board of Directors,
effective June 29, 2010.
Mr. Kames came to the Board as he was completing his career with
The Gillette Company as Vice President for New Business
Development. Mr. Kames has served on DRC's board of directors
since 1997 and has chaired the Audit Committee of the Board for
more than a decade. Mr. Kames guided the Company through the
implementation of Sarbanes-Oxley and greatly strengthened the
Company's governance processes.
"Ken has performed his duties with the highest level of
integrity, skill and commitment. It has been a distinct
pleasure to serve with Ken. DRC has benefitted greatly from
the counsel of Kenneth Kames; his wisdom and experience have
provided invaluable service to the Company's shareholders,
management and employees," said Jim Regan, DRC's chairman of the
board.
Mr. Nickolas Stavropoulos, a current member of the DRC board of
directors, will succeed Mr. Kames as Chairman of the Audit
Committee.
About Dynamics Research Corporation
Dynamics Research Corporation (DRC) provides measurable
performance improvements for government customers through the
delivery of innovative management consulting, engineering and
technology solutions. DRC offers the capabilities of a large
company and the responsiveness of a small company, backed by a
history of excellence and customer satisfaction. Founded in
1955, DRC is a publicly held corporation (Nasdaq:DRCO) and
maintains more than 25 offices nationwide with major offices in
Andover, Massachusetts and the Washington, D.C. region. For
more information, please visit our website at www.drc.com.
Safe harbor statements under the Private Securities Litigation
Reform Act of 1995: Some statements contained or implied in this
news release may be considered forward-looking statements, which by
their nature are uncertain. Consequently, actual results could
materially differ. For more detailed information concerning how
risks and uncertainties could affect the company's financial
results, please refer to DRC's most recent filings with the SEC.
The company assumes no obligation to update any forward-looking
information.
CONTACT: Darrow Associates, Inc.
Investors:
Chris Witty
646.438.9385
cwitty@darrowir.com
Sage Communications (for DRC)
Media:
Marisa Hagerman
703.584.5637
marisah@aboutsage.com
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