February 11, 2010 (FinancialWire) — Versar, Inc.’s (AMEX: VSR) board has elected Anthony L. Otten as chief executive officer and Jeffrey A. Wagonhurst as president of the firm. Theodore M. Prociv has resigned his position as president and CEO of Versar.

The company said that Prociv will remain as a member of Versar’s board.

Versar’s board also elected Lawrence W. Sinnott as executive vice president, chief financial officer and treasurer.

Otten, who will remain a director of Versar, has more than 25 years experience as a CEO and CFO, with experience in general and financial management, corporate finance, mergers and acquisitions and strategic planning.

Wagonhurst, joined Versar in 1999 and most recently served as EVP in charge of the company’s Program Management Group. He previously served 30 years in the United States Army, retiring at the rank of Colonel.

Sinnott, a CPA, joined Versar in 1991 and has been in charge of the company’s financial operations as CFO and treasurer since 1994. He has been an EVP with Versar since 2005.

Virginia-based Versar is a professional services firm supporting government and industry in national defense/homeland defense programs, environmental health and safety and infrastructure revitalization.

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