ARLINGTON, Va., May 2, 2017 /PRNewswire/ -- Technomics, Inc. announced changes today to its senior leadership structure. Under the new structure, Al Leung, President will expand his responsibilities and succeed company veteran Rick Collins as Chief Executive Officer, effective May 2, 2017. Collins will continue to be involved in Senior Leadership and provide client services in his new role as Technical Director.
"I am grateful for the opportunity to have served the company and its employee owners as CEO since 2004 and look forward to continuing to contribute to the company's success," said Collins. "I am excited about the company under Al's leadership. I had high expectations of Al when he joined the company as President in 2013. Based on his performance here and his very successful track record leading organizations significantly larger than Technomics, he is the right executive to lead the company."
As President since 2013, Leung has led the company's business operations and strategic growth initiatives as well as the core support functions of business development, marketing, and technology. Under his leadership, the company has continued its impressive run of 17 consecutive years of both revenue and income growth. In addition to expanding its existing core business with the Department of Defense, Technomics has continued to diversify and increase the non-Defense segments of its portfolio with clients such as the Department of Homeland Security and the Department of Energy.
"It is a privilege to be following Rick's footsteps. Rick's formula for success was simple—hire great people, grow and develop our employees with direct feedback, and focus on delivering work we are great at doing. I will use this same approach to deliver the next 17 years of consecutive top line and bottom line growth. This is an interesting time for our clients. Their problems are only getting more complex. This is a great opportunity for us to leverage our extensive experience to help our clients transition from understanding cost drivers to actively managing them."
Leung's career spans 25 years in the consulting services, technology, and cost estimation industries. Before joining Technomics, he was a Vice President and Partner in IBM Global Business Services where he had positions leading the Hong Kong business line, the Industrial Sector across the Asia Pacific region, the US Defense Industry account, and the Supply Chain Practice. Prior to his time at IBM, Leung was an associate partner with PricewaterhouseCoopers. He started his career as a civilian at the Naval Center for Cost Analysis.
Technomics is an employee-owned consulting firm with over 30 years of experience helping our clients make better decisions faster. Our staff of multi-disciplined, quantitatively-oriented decision analysts deliver a variety of analytics-based service offerings that meet our clients' varied needs. Excellence in cost estimating and cost analysis forms the center of our services offerings. Our team of engineers, mathematicians, statisticians, and other quantitative professionals apply decades of data analytics and visualization experience to ensure client success.
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