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SRC has new CEO, promotes from within to fill COO role

By Eric Reinhardt

Date:

CICERO — Kevin Hair, the former COO of SRC Inc., is now serving as the company’s CEO, completing a transition plan announced in March 2019.

The firm has also promoted Joseph Lauko, a long-time employee, to assume the COO role that Hair vacated. 

About Kevin Hair

The SRC board of trustees announced that Kevin Hair, who was already company president, became CEO of SRC on Feb. 1. He succeeded retiring Paul Tremont, following more than 30 years of service with the company. Tremont retired on Jan. 31.

Hair assumed the duties of SRC president last March 28 in accordance with an announced transition plan. The company announced the transition last year as Tremont, then president and CEO, announced his intention to retire from SRC. Tremont and Hair worked together with the board and the company on the CEO transition process. 

“Kevin’s 35 years of service in various divisions and functions make him uniquely qualified to lead SRC to continued success,” Lt. General U.S. Army (retired) Don Kerrick, chairman of the SRC board, said in a statement. “We are confident Kevin is a superb choice to lead SRC to an even greater future.” 

SRC is a nonprofit corporation headquartered in Cicero that focuses on areas that include defense, environment, and intelligence. Its products and services include radar, communications, subsystems, satellite, modeling and simulations, antennas, air and ground surveillance, systems and analysis, electronic warfare, cybersecurity/critical infrastructure defense, and counter-UAS technology. The company has 1,100 Central New York employees.

Hair has held a variety of roles of increasing responsibility throughout his tenure at SRC. Most recently, he was COO and before that, the executive VP of corporate business development and government affairs. 

Hair has a bachelor’s degree in electrical engineering from Boston University and a master’s degree in computer engineering from Syracuse University. 

About Joseph Lauko

As COO, Lauko will be responsible for managing operations for SRC’s research and development organization, SRC said in a Feb. 11 news release. In addition, he will monitor financial performance, execute the strategic plan, evaluate new initiatives, and develop key industry relationships. 

In his previous role as senior VP, electronic warfare and services, Lauko led a team of engineers engaged in developing electronic warfare systems and information-technology applications, as well as a team of scientists supporting environmental and human health research.

“Joe’s background in technology and engineering, as well as his strong business acumen and customer relationships, has been paramount to our success,” Hair said. “Under his leadership, SRC has grown its regional offices and will continue to support our customers around the world with capabilities and solutions that help protect warfighters.” 

Lauko has been with the company for over 34 years, starting as an entry-level electrical engineer and working in roles of increasing responsibility for various business areas across the enterprise. 

In addition to his most recent role of senior vice president, electronic warfare and services, Lauko has been a key player in SRC’s growth internationally. He currently serves as president and chairman of the board of directors of SRC’s three international subsidiaries, SRC AUS, SRC CAN, and SRC UK, the company said.  

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