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KeyW Appoints Kirk Herdman as Executive Vice President of Corporate Strategy and Business Development

HANOVER, Md., Sept. 15, 2017 (GLOBE NEWSWIRE) — The KeyW Holding Corporation (NASDAQ:KEYW) announced today that it has appointed Kirk Herdman as executive vice president (EVP) of Corporate Strategy and Business Development. Mr. Herdman joined KeyW in April this year through the company’s acquisition of Sotera Defense Solutions. He most recently served as the company’s EVP of Corporate Strategy. 

“As part of the integration of Sotera, we believe that combining the Corporate Strategy and Business Development roles into a single, executive function is the right next step for our continued growth—they are inextricably tied to our progress going forward,” said Bill Weber, KeyW’s president and chief executive officer. “Kirk’s operational knowledge of both KeyW and the legacy Sotera business—along with his proven track record of winning many large prime contracts in our industry—made him the right fit for this expanded role.”

KeyW also announced that with this appointment, the current EVP of Business Development, Michele Cook, will depart the company to pursue other opportunities.

“I am proud of the hard work put in by the KeyW Business Development team to get to this point,” said Ms. Cook. “As I’ve gotten to know Kirk and this combined team during the integration, I am comfortable the time is right for me to transition to other career goals—and confident they will continue to deliver great results for the company.”

“I cannot thank Michele enough for partnering with us on this initial leg of the transformation of KeyW.  Because of her leadership, we are able to consider growth on a level that was not possible before her arrival,” said Mr. Weber. “On behalf of the executive team and everyone at KeyW, we wish Michele all the best on the next chapter of her career.”

About KeyW
KeyW is an innovative national security solutions provider to the Intelligence, Cyber, and Counterterrorism communities. KeyW’s advanced technologies in cyber; intelligence, surveillance and reconnaissance; and analytics span the full spectrum of customer missions and enhanced capabilities. The company’s highly skilled workforce solves complex customer challenges such as preventing cyber threats, transforming data to actionable intelligence, and building and deploying sensor packages into any domain. For more information, please visit and follow KeyW on Twitter @KeyWCorp.

Forward-Looking Statements: Statements made in this press release that are not historical facts constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements containing the words “estimates,” “believes,” “anticipates,” “plans,” “expects,” ‘will,” “potential,” “opportunities,” and similar expressions. Our actual results, performance or achievements or industry results may differ materially from those expressed or implied in these forward-looking statements, including, but not limited to, express or implied statements concerning: our expectations regarding our future financial performance, including the potential impact of successful contract awards; our bid and proposal pipeline; our ability to achieve projected growth in certain of our business units and the expected timing of such growth; demand for our products, services and solutions serving the intelligence, cyber and counterterrorism communities; and performance of key contracts, including the timing of production related to certain of our contracts and product offerings. Factors that may cause our results to differ, potentially materially, from those expressed or implied in our forward-looking statements include, but are not limited to: risks to our business and financial results related to reductions and other spending constraints imposed on the U.S. Government, including as a result the Federal budget deficit and Federal government shut-downs; risks of adverse regulatory action or litigation; risks that changes, cutbacks or delays in spending by Intelligence Community (IC) customers, including the National Security Agency (NSA), the National Geospatial-Intelligence Agency (NGA), and other agencies within the IC, the Federal Bureau of Investigation, and the Department of Defense (DoD) may occur, which could cause delays or cancellations of key government contracts; risks of delays to or the cancellation of our projects as a result of protest actions submitted by our competitors; risks that changes may occur in Federal government (or other applicable) procurement laws, regulations, policies and budgets; risks related to changes in government and customer priorities and requirements (including cost-cutting initiatives, the potential deferral of awards, terminations or reduction of expenditures to respond to the priorities of Congress and the Administration; and those risk factors set forth in our Annual Report on Form 10-K, dated and filed March 16, 2018 with the Securities and Exchange Commission (SEC), and other filings that we make with the SEC from time to time. Due to such uncertainties and risks, investors are cautioned not to place undue reliance on such forward-looking statements. We are under no obligation to (and expressly disclaims any such obligation to) update or alter our forward-looking statements whether as a result of new information, future events or otherwise.

Media Contact:
Karen Coker
Director, Corporate Communications

Investor Contact:
Mark Zindler
Vice President, Investor Relations and Treasury