Applied Communication Sciences’ Joanne Ferris Named CFO of the Year
NJTC Award Underscores Ferris’s Corporate and Industry Financial Leadership
BASKING RIDGE, N.J., June 18, 2013 /PRNewswire/ — Applied Communication Sciences (ACS), a leader in creating and exploiting advanced technology futures for government and commercial clients, announced today that its Executive VP & CFO, Joanne Ferris, has been named CFO of the Year by the New Jersey Technology Council. The Council’s award recognizes outstanding contributions and accomplishments of CFOs in the technology sector.
ACS – - formerly Telcordia Research – - is a 260 person research and engineering firm that was acquired by Ericsson in early 2012 and was subsequently sold to systems engineering and integration leader The SI Organization, Inc.
“2012 was a year of extraordinary transition for ACS,” said Brent Greene, ACS president and chief executive officer. “Joanne’s leadership and contributions across a wide array of strategic, operational, and, often, unique issues were exceptional and powerful.”
Notable accomplishments by Ferris during the ACS transition included:
- Planning and implementing the transition and “in-flight” operations of nearly a dozen financial and administrative systems and processes
- Ensuring a smooth contract novation process for nearly 30 unique ACS clients
- Managing ACS’s evolving financial strategy in the face of Federal sequestration impacts
“Obviously, you don’t navigate through the challenges we faced without an extraordinary support team, and extensive help from your executive peers,” noted Ferris. “We are a stronger company today because of the challenges we overcame and the cohesiveness it produced.”
About Applied Communication Sciences
Applied Communication Sciences delivers advanced research, consulting and engineering to enable government agencies, telecom carriers and commercial enterprises to fully exploit the future of communications and information technologies. Drawing on its Telcordia, Bellcore and Bell Labs heritage, Applied Communication Sciences excels at creating innovative technologies and services to solve the most difficult, complex information and communications problems. The company is headquartered in Basking Ridge, NJ, and is a business of The SI Organization, Inc. Visit Applied Communication Sciences at: www.appcomsci.com.
SOURCE Applied Communication Sciences