Schafer Corporation appoints Stephen Hughes as Executive Vice President and Chief Financial Officer (CFO). Mr. Hughes has over 30 years leadership experience in growing and developing technology businesses. He has extensive experience in growing revenue and profits, strategic planning and execution, mergers and acquisitions, and financial reporting and controls. At Schafer, he will be responsible for the company’s financial operations, including corporate accounting, financial strategy, and business planning. In addition, Mr. Hughes will work with the Schafer CEO and the President as part of the Schafer Executive Team to oversee all company operations.
Prior to joining Schafer Corporation and since 2009, Mr. Hughes served as an advisor to a variety of government contractors, commercial companies, and not-for-profit organizations. He also served as a Director/Advisory Board member for Learfield Communications, Innovative Solutions, Inc., Sotera Defense Solutions, and nuCourse Distribution.
The majority of Mr. Hughes’ career was with SRA International where he served for 28 years. At SRA, he rose to the position of Executive Vice President of Operations and CFO after beginning his career as a Research Analyst in 1981. He successfully transitioned the company through its Initial Public Offering (IPO) in 2002 through 2009 as Revenues approached $1.5 billion.
Mr. Hughes has a B.B.A., summa cum laude, from the James Madison University and holds a CPA Certificate.