One could argue that Steve Hughes’ career since joining SRA in 1981 has in fact blossomed more fully than that of actor Harrison Ford. After all, when Hughes came aboard as systems analyst that year, the top grossing movie was Raiders of the Lost Ark. And 27 years later, Hughes has moved his way up from systems analyst to CFO of a multi-billion dollar company – while Harrison Ford is still stuck making Raiders of the Lost Ark movies and hasn’t overcome a paralyzing fear of snakes.
The list of accomplishments indeed snakes long for Hughes to reflect on as it was announced today he is stepping down as Executive Vice President and Chief Financial Officer at SRA International – effective June 30, 2009.. As the press release points out, “…Hughes led the company through rapid expansion, successfully transitioning from a private to a public company through its initial public offering in 2002 and helping grow the company’s revenues to more than one billion dollars.”
In June of this year, Hughes was profiled as one of “10 Finance Executives That ExecutiveBiz Readers Should Know.” The profile charted Hughes’ ascension at SRA, culminating in his appointment to CFO in 1996. For that piece, SRA President and CEO Stan Sloane spoke of the vital role Hughes has played in growing the company to where it stands today: “Steve has made a huge impact on SRA's ability to execute its growth strategy, co-leading the acquisition and integration of eight companies to date.”
The company will begin its search for a successor in early 2009.