Peraton CEO focuses on new structure, processes

By Marjorie Censer / August 1, 2017 at 1:16 PM

Stu Shea, the chief executive of Peraton, the former Harris IT services business, said he expects to have the company's leadership team in place and new systems and processes established within about six months.

Last week, the company announced the new name of Peraton. The former Harris business was bought by private-equity firm Veritas Capital earlier this year.

Shea told Inside Defense in an interview Tuesday the name Peraton is a riff on the word operation and is also associated with the word imperative.

"When you put it all together, we have this name that talks to being thoroughly imperative to the mission," he said.

Shea said the name isn't the only change. He said he is taking a close look at the company's workforce, values, headquarters location, systems and processes.

"It's across the board," he said. "There's nothing that we're not attacking. We're looking at our benefits, we're looking at our policies."

The company has already named several key executives, including Jeremy Wensinger, who previously led PAE's national security and solutions business, as chief operating officer; James Winner as general counsel and Robert Giannetta as chief information officer.

Shea said he plans to have a new structure and the leadership team fully in place within six months. The company's "systems, tools and processes" will be ready in about the same time frame.

Managing Peraton's real estate, benefits and training will likely take longer, Shea said.