PORTLAND, MAINE, February 3, 2023 — Systems Engineering, Inc, a leading provider of Managed IT and Security services in New England, announced Eric Tennyson has been promoted to Chief Financial Officer. Tennyson will continue to be responsible for all financial and operational matters, including the administration of the firm's Employee Stock Ownership Plan (ESOP).
“Eric has had a profound effect on our financial and operational posture and has been a tremendous partner to all parts of the business. He keeps employee-owners and sustainability at the forefront of his decision making. Our ability to plan and communicate confidently is made possible primarily through the modeling and financial management Eric has instituted within the organization,” stated Matt McGrath, Systems Engineering's President & CEO.
Since joining Systems Engineering in 2017, Tennyson has been instrumental in establishing a robust corporate investment strategy. His knowledge of ESOP administration has been crucial in helping fellow employee-owners understand their individual contributions and their impact on the company's value. These contributions have been attributed to nearly doubling the firm's share price since 2017.
“I'm excited for what the future holds for Systems Engineering and the employee owners, and to continue building on the investments and the infrastructure we’ve created over the past five years,” stated Eric Tennyson, Chief Financial Officer.
Before joining Systems Engineering, Tennyson spent nearly two decades in financial planning and administration, first with an international financial institution, and second, with a global software company. In the six years since joining Systems Engineering, Tennyson has earned the admiration and support of his fellow employee-owners resulting in his well-deserved promotion.
Matt McGrath | President & CEO
Eric Tennyson | Chief Financial Officer
Mark Benton | Director, Product Management
Victoria Reed | Director, Project Management Organization
David Stephenson | Director, Engineering
Erik Thomas | Director, Advisory Services
Jen Hughes | Director, People & Culture
Brad Sprague | Director, Sales
About Systems Engineering
Systems Engineering is a 100% employee-owned IT strategy and managed services provider dedicated to enabling the exceptional in clients nationwide with offices in Portland, Maine, and Manchester, New Hampshire. Systems Engineering's team of 175+ network engineers, managed security professionals, project managers, data management experts, and account managers are available 24×7, 365 days per year to meet the needs of our clients. From network design and installation to a full complement of managed IT, IT security, and cloud services, we have an IT solution that will allow your organization to reach its full potential – and enable the exceptional.