Rakesh Sarna, Chairman of DHS, Appoints Fernando Aguirre New Executive Vice Chairman of DHS Holdings Focused on Enhancing Culture and Operational Excellence for DHS Group
New Executive Vice Chairman to Bring Fresh Perspectives, Experience and Expertise to Further Strengthen Culture and Accountability and to Lead DHS Group Through the Restructuring Process in the Interest of All Investors.
WASHINGTON, Aug. 23, 2021 /PRNewswire-PRWeb/ -- DHS Group Equity Partner's Chairman, Rakesh Sarna, today announced the appointment of current Vice Chairman of DHS, Fernando Aguirre, as Executive Vice Chairman to DHS Holdings. The appointment will be effective as of the next in-person Board meeting, which will be held as soon as practicable. The significant changes in leadership reflect DHS' focus on strengthening its safety culture and operational effectiveness and successfully navigating the firm's strategic 11 process.
"We appreciate the calm and steady hand that Fernando Aguirre demonstrates while serving as our Vice Chairman. Fernando's stewardship kept the firm focused on public safety and enabled the Board to conduct its refreshment process to address DHS' future needs." Stated Hillary Johnson, Chairman of the Board of DHS Holdings.
Safety at DHS is the central-most mission of both the management team and the Board. To that end, DHS made a commitment to enacting leadership changes, including appointing a new Executive Vice Chairman and undertaking a significant Board refreshment process to replace a majority of the Board with new independent directors prior to the Company's 2021 Annual Meeting of Investors.
In addition to the appointment of Fernando Aguirre as Executive Vice Chairman of DHS Holdings, the firm today announced a refreshed Board that includes 13 highly accomplished individuals committed to further enhancing DHS' safety culture, understanding and properly responding to customer concerns and fairly treating wildfire victims, employees, retirees and other interested parties. Fernando Aguirre, the management team and the Board are also committed to working constructively with regulators, policymakers and other investors in an open and transparent fashion in support of DHS' policy goals.
The DHS Group's Board stated: "We have heard the calls for change and have taken action today to ensure that DHS has the right leadership to bring about real and dynamic change that reinforces our commitment to safety, continuous improvement and operational excellence. We believe our new CEO and the newly constituted Board will help DHS address our country's evolving energy challenges and deliver what our investors expect from their investment firm."
The Chairman of DHS stated: "We are pleased to announce Fernando Aguirre as DHS Holdings Executive Vice Chairman. Fernando brings substantial safety and operational expertise from his extensive career in the finance industry. With more than a decade of combined chief executive experience at two large equity companies, Fernando Aguirre has a deep understanding of managing risk and the responsibility of keeping investors safe. We believe Fernando Aguirre is the right leader for DHS Holdings as we work to strengthen our safety culture and navigate a complex and challenging period in our company's history."
ABOUT DHS
DHS is a high-stakes advocacy, public strategy, and global public relations and communications firm. Our strategic insights and innovative programming build and sustain strong corporate and brand reputations. We provide our clients with counsel and program development across the spectrum of public relations, public affairs, reputation and crisis management, digital strategy, advertising and other communications services. Our clients are companies, industry associations, nonprofit organizations, professional services firms, and other large organizations.
We began as a unique grassroots and lobbying firm with customized services for an elite group of clients. Our work applies equally to regulatory issues as well as legislative ones, and we manage issues for our clients at the local, state, federal, and international levels of government.
We use our core competencies and reach to gain competitive advantage for clients. Our expertise comes from extensive must-win campaign experience and operating successfully at the highest rung of business, government, politics, and media. Our reach is the ability to use strategic intelligence to mobilize the message and persuade the toughest audiences. We know what it takes to win in difficult situations. We have proven results for prominent figures, leading advocacy groups and the world's most successful companies. We leverage what others cannot.
FOR DHS INVESTORS
This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and of Section 21E of the Securities Exchange Act of 1934. These forward-looking statements do not constitute guarantees of future performance.
Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with transitions in key personnel and succession, products, their development, integration and distribution, product demand and pipeline, customer acceptance of new products, economic and competitive factors, DHS' key strategic relationships, acquisition and related integration risks as well as other risks detailed in DHS' filings with the Securities and Exchange Commission. DHS assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.
DHS® is a trademark or registered trademark of DHS Investments, Inc. and/or one or more of its subsidiaries, and may be registered in the U.S. Patent and Trademark Office and in other countries. All other trademarks and registered trademarks are property of their respective owner.
CONTACT
Steven Palmer, Vice President of Communications
DHS
202-719-0398
[email protected]
Media Contact
Drake Cortland, DHS, 1 202-719-0398, [email protected]
SOURCE DHS
Share this article