Versar, Inc. (NYSE:VSR) has announced the resignation of Dr. Tehodore Prociv as President and Chief Executiv e Officer. Dr. Prociv will still remain on the company’s board of Directors. Versar is grateful for Dr. Prociv’s commitment to the company over the past ten years, says Chairman of the Board Paul Hoeper. He continues to note Dr. Prociv as being instrumental to the doubling of the company’s revenue. The resignation is effective immediately. He is succeeded by Lawrence Sinnot.
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Versar, Inc. (Versar) is a project and program management firm that provides the government, municipalities, and the private sector a value-added solution for infrastructure, facilities management, construction, environmental quality, professional services, defense and homeland security needs. The Company operates in four business segments: Program Management, Compliance and Environmental Programs, Professional Services and National Security. The Program Management business segment manages projects with business processes and management to the rest of the Company. The Compliance and Environmental Programs business segment provides regulatory and environmental consulting support to several federal government and municipal agencies. The Professional Services business segment provides outsourced personnel to various government agencies. The National Security business segment provides solutions to the federal government, including testing and evaluation, and personal protective solutions.
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