BNET Industries

Versar Inc.

(VSR) is in the Business Services Industry

Market Cap:$31.5M
Last Fiscal Year Sales:$115.6M
  • Public
  • US
Dow Jones Description

Versar, Inc. is an internationally recognized project management company that delivers engineering and technical solutions to our clients. Headquartered in Springfield, Virginia and founded in 1969, we have grown into a global firm with technical, engineering and management staff deployed throughout the United States and abroad. Versar has proven best practices and resources that have been fine-tuned through over 30 years of experience with the process of integrating technical and professional services across a wide variety of programs, including the Navy, Marine Corps and the elements of the virtual SYSCOM within DOD. Versar recognizes that customer satisfaction, reliability, and responsiveness are the cornerstones of success.

Chief Executive Officer, President, and Director
Theodore M. Prociv
Number of Employees 443
Contact Information

6850 Versar Ctr

Springfield, Virginia 22151

versar.com

(703) 750-3000

NAICS Code Engineering Services: 541330

Recent Events

  • Versar Q1 Profit Declines - Quick Facts

    11/09/09 - Financial Announcement - View Story

  • Versar Promotes Peter Cooper and Daniel Cummings to SVP Posts

    10/10/09 - Mgmt. Change Entering - Vice President - View Story

  • Versar Wins Five-year Contract From U.S. Air Force - Update

    9/30/09 - Joint Venture / Alliance - View Story

  • Versar: Pump Up The Volume

    9/30/09 - Joint Venture / Alliance - View Story

  • Versar announces financial results for fiscal 2009

    9/22/09 - Financial Announcement - View Story

  • Fernando V. Galaviz Resigns as a Director of Versar, Inc.

    9/11/09 - Mgmt. Change Leaving - Director - View Story

  • Versars US Army Corps Reconstruction Efforts Contract in Iraq Extended

    6/09/09 - Joint Venture / Alliance - View Story

  • Versar Announces Promotions to Continue Focus on Growth

    6/02/09 - Mgmt. Change Entering - Vice President - View Story

News & Analysis

versar inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Theodore M. Prociv Chief Executive Officer, President, and Director
Gary M. Owens Vice President and Chief Information Officer
Lawrence W. Sinnott Executive Vice President, Chief Operating Officer and Cfo
Michael J. Abram Vice President & Chief Compliance Officert
George Anastos Senior Vice President, Architect and Engineering Business Segment
Gina L. Foringer Senior Vice President, Prof Services Group
James C. Dobbs Senior Vice President, General Counsel and Secretary
Jeff A. Wagonhurst Senior Vice President, Program Mgmt Group
Jerome B. Strauss Senior Vice President, Corporate Development
Paul W. Kendall Senior Vice President, Global Marketing & Planning
Brenda A Chube Vice President and Assistant Secretary
Clarke F. Dilks Vice President
Clem L. Rastatter Vice President
Daniel J. Cummings Vice President, United States Engineering & Construction Operations
Douglas R. Ashline Vice President
Francis P. Bennett Vice President
May K. Tom Vice President & Assistant Treasurer
Peter J Cooper Vice President and General Manager
Robert A. McDonald Vice President
Ronald A. Torgerson Vice President
William A. Richkus Vice President
Amir A. Metry Consultant
James V. Hansen Consultant
Jon Volstad
Mark Southerland
Paul Stiles
Robert L. Durfee Consultant
Steve Harriott
Steve Schreiner
Fernando V. Galaviz Director

Board of Directors

Name (plus bio) Position
Paul J. Hoeper Chairman of The Board
Amoretta M. Hoeber Board of Directors
Anthony L. Otten Board of Directors
Harad L. Otten Board of Directors
James L. Gallagher Chairman
Lane Fox Meadow Board of Directors
Lane Green Hill Board of Directors
Michael Markels Board of Directors

Theodore M. Prociv , Ph.D., joined Versar as President on November 1, 1999 and was elected Chief Executive Officer on July 1, 2000. From 1995 to August 1998, Dr. Prociv served as the Deputy Assistant to the Secretary of Defense for Chemical and Biological Matters, and subsequently as the Deputy Assistant Secretary of Army for Chemical Demilitarization. Before joining the Department of Defense, Dr. Prociv was Corporate Vice President of Environmental Business at Science Applications International Corporation, (SAIC) from 1993 to 1994, and served as the Vice President for Government Systems at Battelle Memorial Institute from 1979 to 1993.

Organization Position Status
Versar, Inc. President and CEO Current
Versar ESM Operations President Current
Versar Environmental Risk President Current
Versar Risk Management, Inc. President Current
Centech Group Inc. Current
Versar, Inc. Board of Directors Current
City University of New York Ph.D. In Physical Chemistry Former
Hunter College of the City University of New York Masters of Arts Degree In Organic Chemistry Former
Widener University Bachelor of Science Degree In General Chemistry Former

Organization Position Status
Versar, Inc. Vice President and Chief Information Officer Current

Organization Position Status
Versar, Inc. Executive Vice President, Chief Operating Officer and Cfo Current
Versar, Inc. Assistant Controller Current
Versar, Inc. Board of Directors Current

Organization Position Status
Versar, Inc. Vice President & Chief Compliance Officert Current
Versar, Inc. Senior Vice President, Compliance and Environmental Programs Business Segment Current
Versar, Inc. Director of Acquisition Strategy Current

Organization Position Status
Versar, Inc. Senior Vice President, Architect and Engineering Business Segment Current

Organization Position Status
Versar, Inc. Senior Vice President, Prof Services Group Current
Versar, Inc. Senior Project Manager Current

Organization Position Status
Versar, Inc. Senior Vice President, General Counsel and Secretary Current
Metcalf & Eddy Inc. Vice President Former
Versar, Inc. Vice President Current
Versar, Inc. General Counsel Current

Organization Position Status
Versar, Inc. Senior Vice President, Program Mgmt Group Current
Webster University Masters of Arts Degree In Business Management Former
Engineers, Inc. Deputy District Commander Former
University of Florida Masters of Building Construction Former
Austin Peay State University Bachelor of Science Degree In Business Administration Former

Organization Position Status
Versar, Inc. Senior Vice President, Corporate Development Current
Versar, Inc. Business Development Director Former
Waste Management, Inc. Division Director Former

Paul W. Kendall , B.S., J.D., joined Versar in 1994 as Manager of Business Development, was elected Vice President in 2000, served as Vice President of Corporate Development from January to October 2003, and since November 2003 as Senior Vice President, National Security business segment and President of GEOMET Technologies LLC.

Organization Position Status
Versar, Inc. Senior Vice President, Global Marketing & Planning Current
Versar, Inc. President Current
GEOMET Technologies, LLC Vice President of Corporate Development Former
University of Maryland School of Law Juris Doctor Former
Rutgers University Master of Science Degree In Bioresource Engineering Former
University of Maryland School of Law Bachelor of Science Degree In Environmental Science Former
Rutgers University Bachelor of Science Degree In Environmental Science Former

Organization Position Status
Versar, Inc. Vice President and Assistant Secretary Current

Organization Position Status
Versar, Inc. Vice President Current

Organization Position Status
Versar, Inc. Vice President Current

Organization Position Status
Versar, Inc. Vice President, United States Engineering & Construction Operations Current

Organization Position Status
Versar, Inc. Vice President Current

Organization Position Status
Versar, Inc. Vice President Current

Organization Position Status
Versar, Inc. Vice President & Assistant Treasurer Current
Versar, Inc. Board of Directors Current

Organization Position Status
Versar, Inc. Vice President and General Manager Current

Organization Position Status
Versar, Inc. Vice President Current
Ndia Mile High Chapter Current

Organization Position Status
Versar, Inc. Vice President Current

Organization Position Status
Versar, Inc. Vice President Current
Epri Former

Organization Position Status
Versar, Inc. Consultant Current
Versar, Inc. Board of Directors Current

Organization Position Status
Versar, Inc. Consultant Current
Versar, Inc. Board of Directors Current
Versar, Inc. President Current

Dr. Volstad has over 18 years of international research and consulting experience in quantitative fisheries biology and ecological statistics, specializing in statistical survey methods, experimental design, and fisheries stock assessment. He has directed the development and implementation of multiple large-scale research surveys and field experiments for ecological studies and the monitoring and assessment of fisheries in marine, estuary and river systems.

Organization Position Status
Versar, Inc. Current

Organization Position Status
Versar, Inc. Current
The University of North Carolina at Chapel Hill Ph.D. Former

Organization Position Status
Versar, Inc. Current

Organization Position Status
Versar, Inc. Consultant Current
Versar, Inc. Board of Directors Current
GEOMET Technologies, LLC President Former

Mr. Harriott has seventeen years of experience in the environmental field. His principal responsibilities at Versar's ESM Operations are centered on investigation and analysis of wetlands and terrestrial ecosystems, particularly relating to description, quantification, and impact analysis of ecological habitats, wildlife, and threatened and endangered flora and fauna. In late 2005 Mr. Harriott lead a Versar ESM team in delineating and mapping wetlands on about 1,200 acres in the Baileys Creek watershed at Fort Lee, Virginia. In addition, Mr. Harriott recently led a Versar ESM team in delineating and mapping wetlands on the approximately 1,500-acre Firebrake site at Fort Lee. Wetlands were delineated at the Baileys Creek and Firebrake sites by using the methodology contained in the 1987 Corps of Engineers Wetland Delineation Manual, as revised (subsequently referred to as 1987 Manual), and other appropriate related guidance. Data were collected at a total of 12 stations (upland and wetland) throughout the Firebrake site (other data are currently being collected at Baileys Creek). All wetland areas were subsequently surveyed via a differential global positioning system (DGPS). The DGPS unit used for the surveying was a Trimble GeoXT system that collected real-time, differentially-corrected satellite data. At the Marine Corps Base in Camp Lejeune, North Carolina, Mr. Harriott recently lead a Versar team that completed wetlands delineations on sites totaling over 10,000 acres. Wetlands at Camp Lejeune were accurately mapped by Mr. Harriott and his team using a Trimble differential global positioning system (DGPS; sub-meter accuracy). The technically difficult Camp Lejeune delineations were entirely within the eastern North Carolina coastal plain. Habitats encompassed by the Versar delineations include estuarine and freshwater tidal marshes, bottomland hardwood forests, pocosins, pine plantations, and developed areas. For the USACE, Philadelphia District, Mr. Harriott is currently leading the Versar team in the ongoing installation of approximately 80,000 native wetlands plants at the Lower Cape May Meadows Environmental Restoration site. The Lower Cape May Meadows site is located at the southern tip of New Jersey on the Atlantic Ocean side of the Cape May Peninsula. It is an internationally recognized site for the observation and study of migrating birds. Prior to the Versar restoration planting, common reed was successfully removed from approximately 60 acres of the site through herbicide application and mowing. The 80,000 plants for the project consisted of12 native species grown from seed collected on-site. Approximately 60,000 of the total restoration plants have been installed to date; another 20,000 will be installed in the Spring of 2006. Mr. Harriott lead the Versar team that recently conducted a two-year survey of all vertebrate fauna on Fort Eustis and Fort Story, Virginia. Under this project, Versar is conducting four seasonal field surveys annually to identify and document the vertebrate fauna and invasive flora occupying Fort Eustis and Fort Story (approximately 8,228 acres and 1,451 acres, respectively). Both installations were surveyed for fish, amphibians, reptiles, birds, and mammals. A comprehensive list of all taxa observed or collected were produced, along with location, relative abundance, and distribution data. All specimens were photographed where possible. The location and severity of invasive species problems were also be documented, and management recommendations were made.

Organization Position Status
Versar, Inc. Current

Organization Position Status
Versar, Inc. Current
The University of Georgia M.S. Former

Organization Position Status
Rockwell Scientific Company LLC Assistant Secretary Current
Versar, Inc. Chairman of The Board Current
Fortune Financial Inc. President Former
Fortune Financial Inc. Deputy under Secretary of Defense Former
Versar, Inc. Board of Directors Former
Harvard University Masters in Applied Mathematics Former
Princeton University Bachelor of Science in Engineering Former

Organization Position Status
Versar, Inc. Board of Directors Current
Versar, Inc. President Former

Organization Position Status
Versar, Inc. Board of Directors Current

Organization Position Status
Versar, Inc. Director Current
Versar, Inc. Chairman, President and Coo, the Centech Group, Inc. Former

Organization Position Status
Versar, Inc. Board of Directors Current

Array

Organization Position Status
Versar, Inc. Chairman Current
Versar, Inc. President Former

Organization Position Status
Versar, Inc. Board of Directors Current

Organization Position Status
Versar, Inc. Board of Directors Current

Organization Position Status
Versar, Inc. Board of Directors Current

Executive News

  • Versar Announces Promotions to Continue Focus on Growth

    RBC Dain Raushcer - 6/02/09 - View Story

  • Versar Receives First Stimulus Award for Alternative Energy Study

    Business Wire - 5/27/09 - View Story

  • Versar, Inc. Announces the Appointment of Jeff Moran as Sr. Vice President for Environmental Sciences and Compliance Group

    Reuters - 5/14/09 - View Story

  • Versar, Inc. Announces the Appointment of Jeff Moran as Sr. Vice President for Environmental Sciences and Compliance Group

    Business Wire - 5/14/09 - View Story

  • Versar, Inc. Announces Highest Quarterly Revenue in Company`s History

    Reuters - 5/11/09 - View Story

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     VSR $3.45 -0.03 (-0.86% )
Average Volume 53,867
Shares Outstanding 9.14M
Market Cap 31.5M
Year High 5.7
Year Low 2.07
Earnings Per Share 0.32
P/E Ratio 10.78
Dividend N/A
Yield N/A
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