The chief executive of Newport Beach-based SM & A; has resigned after less than four months on the job, the aerospace and defense consultant said Thursday.
Cynthia Davis had been one of a few women to lead a major public company in Orange County. SM & A; didn’t say why Davis resigned.
Davis had replaced founder Steve Myers, who ran the company for 25 years.
SM & A; appointed Cathy McCarthy as its new boss.
McCarthy, 60, has been president and chief operating officer. She entered a
multiyear contract for her new position, SM & A; said.
As president and COO, McCarthy has led a turnaround of the company’s operations that has resulted in record growth during the first half of 2007, according to SM & A.;
The company said its second-quarter revenue is expected to set a
record at more than $25 million. Analysts had expected $22 million in sales.
Results are due Aug. 6.
SM & A;’s business is to win its clients government and commercial aerospace
contracts.
