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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Deltek Inc    PROJ

DELTEK INC

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Deltek Inc : Deltek CEO Kevin Parker to Leave Company; Current Deltek CFO Mike Corkery Named Acting CEO

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11/29/2012 | 04:15pm EST

For Immediate Release

Deltek CEO Kevin Parker to Leave Company; Current Deltek CFO Mike Corkery Named Acting CEO

Herndon, Va. - November, 29 2012 - Deltek, Inc., the leading global provider of enterprise software and information solutions for professional services firms and government contractors, today announced that current Deltek president and CEO Kevin Parker will leave the company effective December 7th 2012. Following Kevin's departure, Deltek CFO Mike Corkery will lead the company as acting CEO.

Kevin Parker leaves Deltek after a transformational seven year run that featured explosive growth for the enterprise software and information solutions company. Since 2005, Deltek's revenues have more than tripled, its customer base has more than doubled, and the company has developed the world's broadest and deepest solutions for project-based businesses. Kevin Parker, together with Deltek's management team and 1,600 employees, turned Deltek into a global market leader with customers in over 80 countries around the world.

"During the last seven years, I have had the enormous privilege of leading Deltek, a company that is one of the fastest-growing and most successful technology companies in the world," said Kevin Parker. "What has inspired me the most during my time as CEO has been working closely with the best employees in the business and with our loyal customers that do some of the most important work in the world. Deltek is in great hands with Mike Corkery as CEO - he is an outstanding leader who was instrumental in helping the company grow and become more profitable over the past several years. Mike has a deep understanding of our business, the industries we serve, and the needs of our customers."

"I am very excited to lead the global Deltek team as CEO, and on behalf of the entire organization, I want to thank Kevin Parker for the outstanding contributions he made to our company," said Mike Corkery. "Over the past seven years, we have successfully executed on our long term plans for Deltek to enter new markets, grow internationally, and expand our industry-leading solutions for project-based companies. As a result, we are in the strongest position in our company's history with a broader market reach and stronger, more comprehensive solutions than ever before. Entering 2013, our customers can look forward to continued innovation as we aggressively deliver on our product development priorities."

About Deltek

Deltek is the leading global provider of enterprise software and information solutions for professional services firms and government contractors. For decades, we have delivered actionable insight that empowers our customers to unlock their business potential. 15,000 organizations and 2 million users in over 80 countries around the world rely on Deltek to research and identify opportunities, win new business, optimize resources, streamline operations, and deliver more profitable projects. Deltek - Know more. Do more.® www.deltek.com

For further information contact:

Media Relations Contact:
Patrick Smith, Vice President, Corporate Marketing and Communications, Deltek, Inc.
703.885.9062, patricksmith@deltek.com


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