DynCorp International today announced that Steve Gaffney will become the company’s chief executive officer and president effective August 25, 2010, the date that current CEO and president, Bill Ballhaus, has announced that he will resign.
Gaffney, former CEO of IAP World Services, has more than 25 years of leadership experience in the defense industry. In addition to his experience with IAP, he served as senior vice president of ITT Corp. and president of ITT Defense Electronics and Services. He was responsible for establishing ITT’s strategic direction as well as financial and operating performances. Under his leadership, the company grew more than 60 percent as Gaffney executed both organic and acquisition strategies. He also had responsibility for driving Lean Six Sigma and Operational Excellence across all of ITT.
