Peraton hires Schorer as CEO
Steve Schorer will succeed Stu Shea, who led the company for seven years including back-to-back acquisitions that tripled the size of the firm.
Peraton has hired a new chief executive in Steve Schorer, a three-decade government market veteran and the former CEO of Alion Science and Technology until its sale in 2021 to HII.
He will start at Peraton on Monday and also hold the titles of president and chairman of the board of directors. Peraton said Tuesday that Schorer will succeed Stu Shea, who has led the business as CEO dating back to its launch in 2017 under the ownership of private equity firm Veritas Capital.
Veritas stood up Peraton in the wake of its carveout from then-parent Harris Corp. Four years on from that rollout, Peraton nearly tripled in size through its acquisitions of the former Northrop Grumman IT business and Perspecta that closed within three months of each other.
The end result of those big-ticket purchases was the creation of a government technology integrator that touted approximately $7 billion in annual revenue and 18,000 employees at the time.
As Peraton’s CEO, Schorer will be responsible for picking up from the integration of all three businesses after having that groundwork laid down.
While at Alion, Schorer led the reinvention of that company away from being predominantly centered around systems engineering and technical assistance work for the Navy.
Alion shifted to being more technology-centric during Schorer’s four-year tenure as CEO that ended with HII acquiring the company in 2021 for $1.65 billion, the shipbuilder’s largest-ever acquisition.
Schorer’s career prior to Alion includes senior roles at DynCorp International, L-3 Communications and DRS Technologies.