Chief Financial Officer
Mr. Otten is an experienced CEO and CFO. Previously, he was CEO of Versar, Inc. (NYSE American: VSR), a DOD-focused federal government contractor, providing global program and project management services from 2010 - 2017. He stepped down in November 2017 after leading a process to take the Company private, having served as CEO for eight years and two years as an outside board member. Prior to Versar, he spent approximately ten years in the distressed arena, most recently as an Operating Partner with a hedge fund focused on value-oriented investments, primarily in traditional industries within the middle market. He was also a Partner with Grisanti, Galef & Goldress, a middle-market focused turn-around firm based in Atlanta, GA, as well as an independent turnaround advisor. He has served as CRO in a number of situations, including a court-appointed CRO for a financial factoring company. Mr. Otten has held senior management positions with Marriott Corporation and Cabot Corporation, including Managing Director of Cabot Safety Corporation, based in Manchester, England. He has also spent time with a family investment office, developing and implementing the office’s overall investment strategy for acquisitions and roll-ups, as well as serving as the CFO for the largest business. During his career, Mr. Otten has managed over 30 acquisitions, both domestically and in Europe.
His industry experience includes: Government contracting (Federal, State and Local); Light manufacturing (industrial lighting, PPE, flooring, specialty chemicals); Distribution/Services (auto parts, decoration flooring, LBM, pallets/logistics); Security/Access control; Financial services (factoring); GC/Construction; and, SaaS. Customers included: Federal Government/Defense; Wholesalers/Distributors; OEMs; and, small businesses.
Mr. Otten received a Bachelor of Science degree in Political Science from the Massachusetts Institute of Technology, with a minor in Economics. He has done graduate course work at the London School of Economics and has a Master’s in Public Policy from Harvard University's John F. Kennedy School of Government, where he focused on energy and environmental economics. Mr. Otten lives in Washington, DC with his wife and has one daughter. He is an avid fly fisherman and squash player.