SpaceRef

SpaceRef


Schafer Corporation Appoints Michael Griffin Chairman and Chief Executive Officer

Press Release From: Schafer Corporation
Posted: Tuesday, August 14, 2012

Schafer Corporation, a leading provider of scientific, engineering, and technical services and products applied to defeating national security threats, today announced that Michael D. Griffin will assume the role of Chairman and Chief Executive Officer.

Griffin is the former Administrator of the National Aeronautics & Space Administration (NASA), serving in that position from 2005 to 2009. In addition to spending ten years at NASA in various capacities, he has also served in a variety of senior government, commercial, and academic roles, including Deputy Director for Technology of the Strategic Defense Initiative Organization, Director and CEO of Magellan, Inc., Professor of Mechanical & Aerospace Engineering at the University of Alabama in Huntsville, and Space Department Head at Johns Hopkins University's Applied Physics Laboratory.

"During his four-decade career, Dr. Griffin has been one of the foremost experts in many of the most important and highly-sophisticated technical areas within the space and national security sectors," said Jeff Siegal, a Director of Schafer Corporation and Managing Director of Metalmark Capital. "We look forward to his leadership and contribution as Schafer Corporation continues its long history of supporting high-priority programs in these technical areas."

"We are excited to welcome Mike to Schafer Corporation," said John Gilligan, a Director of Schafer Corporation and former Chief Information Officer of the US Air Force and the Department of Energy. "His talents and expertise will complement an exceptional team and enhance the company's continued ability to provide exceptional support and innovative technical solutions to our customers."

"I look forward to working with Schafer Corporation's management team, Board of Directors, customers, and strategic partners," said Griffin. "During its 40 year history, the company has been widely recognized for its technical expertise. We will continue to provide exceptional services, products, and support for customers who are increasingly seeking objective analysis and innovative solutions to satisfy complex and important mission requirements."

Griffin's educational background includes a B.A. in physics from Johns Hopkins University, a Ph.D. in aerospace engineering from the University of Maryland, and Master's degrees in aerospace science from Catholic University, electrical engineering from the University of Southern California, applied physics from Johns Hopkins University, business administration from Loyola College of Maryland, and civil engineering from George Washington University.

About Schafer Corporation

Schafer Corporation is a provider of scientific, engineering, and technical services and products applied to defeating national security threats. The Company has a national footprint supporting mission-critical programs for customers including the US Air Force, US Army, US Navy, Defense Advanced Research Projects Agency (DARPA), Missile Defense Agency (MDA), United States Transportation Command (USTRANSCOM), National Aeronautics & Space Administration (NASA), Department of Homeland Security (DHS), and National Security Agency (NSA). The Company has been widely recognized for its technical expertise and ability to provide objective analysis that leads to the development of innovative, problem-solving solutions. For more information, please visit www.schafercorp.com.

About Metalmark Capital

Metalmark Capital is a leading private equity firm whose principals have a long track record of successful investing in targeted sectors, with particular focus and competence in energy/natural resources, industrials, healthcare, and defense/government services. Metalmark Capital seeks to build long-term value through active and supportive partnerships with the companies and management teams in which it invests. Metalmark Capital, which is an investment center of Citi Capital Advisors, is currently investing its latest fund with $2.5 billion of committed capital. For more information, please visit www.metalmarkcapital.com.

Contact: The Abernathy MacGregor Group, Inc. Winnie Lerner, 212-371-5999 wal@abmac.com

// end //

More news releases and status reports or top stories.

Please follow SpaceRef on Twitter and Like us on Facebook.

SpaceRef Newsletter