Schmitt handled the company’s M&A pipeline development, gap analysis, procurement through implementation and close, as well as the development and implementation of Parsons’ company strategy for 2022. After over a decade in investment banking, where he concentrated on M&A consulting services for companies in the national security sector, he previously worked as senior vice president of corporate development and finance for Polaris Alpha®.
Tim Schmitt has now been promoted to Parsons Corporation’s executive leadership team, starting August 1, 2022. Schmitt will continue to serve as chief development officer, supervising Parsons’ strategy and market research initiatives, as well as leading the company’s strong merger and acquisition (M&A) program.
Carey Smith, Parsons’ chairwoman, president, and CEO said, “Tim is a proven executive and driving force behind our growth and strategy, his deep understanding of our markets combined with his experience implementing strategies that drive corporate growth have positioned him to seamlessly transition into this important role on our executive leadership team, and position Parsons for continued success.”
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