Peraton to bring over Perspecta’s finance chief
The leadership team that will run Peraton after it combines with Perspecta is further emerging with two Perspecta execs being named to senior positions post-close.
In a regulatory filing posted Thursday, Perspecta said its current chief financial officer, John Kavanaugh, will join Peraton as CFO and executive vice president upon the completion of the deal. Kavanaugh entered into an employee arrangement with Peraton on April 11, the filing said.
Kavanaugh has been the finance chief for Perspecta since its launch in 2018 and before that was CFO for the Americas region commercial business at DXC Technology, which spun out its then-U.S. public sector business to help form Perspecta.
Prior to DXC, Kavanaugh was CFO for the Americas region commercial and North America public sector units at the former Computer Sciences Corp. He is also a former president of Xerox’s federal solutions group.
Perspecta’s current controller, William Luebke, will take up the same role at Peraton, where he will also hold the title of senior vice president. Luebke is also a senior vice president at Perspecta and is its principal accounting officer.
Chantilly, Virginia-headquartered Perspecta has scheduled a May 5 special meeting for its stockholders to vote on the sale of the company to Veritas Capital, the private equity firm that owns Peraton. The all-cash transaction has an enterprise value of $7.1 billion including debt.