SVP, Strategy and Corporate Development
Executive Mosaic is honored to announce Craig Reed, senior vice president for strategy and corporate development at Engility Corp., as the newest inductee into the Wash100, the premier group of leaders who executive strategic vision and drive value to the U.S. public at the intersection of the public and private sectors.
Reed previously held those roles at DynCorp International before joining L-3 Communications in April as part of the senior leadership team that led the spinoff of Engility, then L-3’s government services subsidiary, into a standalone pure-play services contractor.
“The Engility opportunity looked to me like a chance to help build a company that truly provides a differentiated capability to serve the government’s important mission and do it in a manner that is extremely cost-competitive and cost-efficient,” Reed told ExecutiveBiz in an interview, stressing Engility’s focus as a pure-play services provider positions it to better compete on cost.
“We have already seen a number of companies in our space like SAIC and others doing or considering similar spin-offs like we’ve done,” Reed added. “We view the SAIC spin-off as a sort of validation of our model. And we think we’ll see more of that type of activity throughout the industry.”
The former adviser to the Energy Secretary and leader of the secretary’s Energy Advisory Board also founded business strategy consultant Growth Strategy Leaders, LLC in 2011 where he served as a managing member after spending six years holding various strategy and business development positions in the executive ranks at Northrop Grumman.
Now at Engility, Reed’s focus on excellent hires and personnel development remains. “We’re filling the organization with the best-of-the-best in the industry, and we are doing this by hiring within the current company and by recruiting top talent from outside,” Reed said, noting in another interview that having the talent is a good start, but he and Engility have placed a strong emphasis on building an organizational structure that enable employees in related areas to be able to work with one another.
Engility itself recently closed its pick up of Dynamics Research Corporation, with Reed adding “that we’re excited about the quality and the caliber of the people of DRC that are joining the Engility family. We’re excited to reach out to them and welcome them into Engility and the great career opportunities for their people, as well.”
Reed singled out Engility’s “very meaningful and important work in many countries on behalf” of organizations including USAID, from whom the company’s IRG subsidiary recently won contracts to
The corporate leader holds a doctorate degree in public policy from George Washington University and a graduate degree in international affairs from Columbia University.
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