Changes Afoot...

From IIa President Bonnie Carroll

Remember I said we were growing. With that growth comes change and IIa has just experienced two very significant, very positive changes. We've hired a Chief Operating Officer, Bruce P. Bowland, and we've relocated our headquarters facility to a technology park here in Oak Ridge. To meet Bruce, read on. To take a look at our new home, see the photo bottom right. And so we look forward to 2003. My best wishes to all of you for very healthy and happy holidays.

Meet the New Chief Operating Officer

Bruce Bowland comes to us from another Oak Ridge firm where he was also Chief Operating Officer (COO). Now as an executive member of IIa's management team, Bruce's responsibilities will run the full gamut of managing corporate operations. Bruce has 22 years of experience in cost, contract, and financial and business operations management, including serving as a COO, CEO, and CFO for other small-business government contractors.

He knows and understands the intricate details that can make working with the government a challenge for contractors. While the Corporate Director of Contracts for a $50M corporation, Bruce established computer-based decision support systems that significantly increased the cost control accuracy of projects. These systems allowed him to simultaneously monitor more than 100 projects with revenues ranging from several thousand dollars up to $85 million.

As CFO for a $20 million company, Mr. Bowland developed computer cost proposal templates and formats that routinely satisfied DCAA scrutiny. He implemented cost-control methods for proposal development along with weekly, computerized cost-status reports for more than 500 proposals. He created return on investment and cost/benefit analysis reports that helped identify 14 preferred markets for proposal development. The result was a 25% increase in the number of granted awards.

A native of New Jersey, Bruce attended the University of Rhode Island where he earned his bachelors degree in geotechnical engineering. He attended Bristol University in upper East Tennessee to attain his MBA. He has been working and living in East Tennessee since 1987. He is married with three children (two sons and a daughter). Welcome, Bruce!

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