Randy Phillips Named Leidos Corporate Dev't SVP; James Reagan Comments

Randy Phillips, senior vice president for corporate development at Ellucian, has joined Leidos (NYSE: LDOS) in the same capacity.

He will oversee Leidos™ strategic growth and development efforts through mergers and acquisitions, the company said Monday.

œPhillips has been guiding transactions in our sector for many years, helping to define the market in the process,” said James Reagan, executive VP and chief financial officer at Leidos.

“He understands where the growth in our market will be and how to create the growth strategies that will help ensure Leidos is well-positioned in the coming years, added Reagan, a three-time Wash100 recipient.

Phillips brings to Leidos more than three decades of experience in corporate development at several technology firms such as Boeing (NYSE: BA), TRW, Alcoa and Computer Sciences Corp.

He has led deals worth approximately $40 billion in combined value in 20 countries and has served as a strategic adviser to private equity firms and advisory companies such as KKR, TPG, General Atlantic, Leonard Green Partners and The Chertoff Group.

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