March 15, 2013
/PRNewswire/ -- Binary Group, an award-winning and leading provider of technology solutions, training, and consulting services to the Federal Government, announced the appointment of
to President and Chief Operating Officer. Stephens is responsible for strategy and execution, directing the overall sales, operations, and development of the company's solutions and service offerings.
"David has exceptional experience and proven success delivering innovative, value-driven technologies and go-to-market strategies for both federal and commercial businesses," stated
, CEO of Binary Group. "We are extremely fortunate to have such a sought after executive to lead Binary's next phase of growth. David has already played a major role in charting the course for solution innovations, new strategies and focus within growth markets, resulting very positively. Supported by an expanded, strong management team, I am excited and confident in David's ability to continue driving Binary forward."
Stephens draws from two decades of leadership experience in forging key relationships, growing revenues and building value in companies from start-ups to Fortune 500s. Prior to his current position, Stephens was Chief Executive Officer of Savi Technology, where he led its growth, innovation and transformation into a global solutions company. His success at Savi led to its acquisition by Lockheed Martin in 2006. He was later appointed CEO where he increased global sales and market share while driving innovations that were adopted by the industry.
Stephens has held executive management positions in general management, business development, sales, research and development, and business operations, including senior management positions at Lucent Technologies and AT&T Corp. At Lucent Technologies as Vice-President of Business Development-Government Solutions, he successfully led all growth efforts for the newly formed business unit. During a 17-year career at AT&T, he established a reputation for success in business turnaround, innovative technology solutions and new business development while leading multiple business units.