CICERO, N.Y. — SRC, Inc. has made its choice to replace the retiring Phil Fazio as the company’s chief financial officer. The firm has hired Gwendolyn Sykes as executive VP of finance, and CFO. Fazio is retiring after 16 years of services, SRC said in a Jan. 11 announcement. He retires on Jan. 31, SRC […]
CICERO, N.Y. — SRC, Inc. has made its choice to replace the retiring Phil Fazio as the company’s chief financial officer.
The firm has hired Gwendolyn Sykes as executive VP of finance, and CFO. Fazio is retiring after 16 years of services, SRC said in a Jan. 11 announcement. He retires on Jan. 31, SRC tells CNYBJ in an email.
As CFO, Sykes will direct investments, pricing and cost analysis, and financial analyses of budgets, forecasts, and results. She will also review potential acquisitions and communicate SRC’s financial results to the company’s leadership.
Sykes brings more than 31 years of fiscal financial-management experience. In her most recent role as the U.S. Secret Service CFO, she was responsible for the execution, development, and stewardship of the organization’s resources for the past 11 years.
Prior to the Secret Service, Sykes was the first female to serve as a political appointee/Senate confirmed CFO for NASA, “developing and implementing a new fiscal discipline” for the space agency, SRC said. Sykes also previously served as CFO at Yale University and Morehouse College, respectively.
Her government experience includes working within the U.S. Department of Defense as comptroller and in the Office of U.S. Senator Ted Stevens of Alaska.
Sykes holds a bachelor’s degree in accounting from Catholic University and a master’s degree in public administration from American University, where she continues to serve as an adjunct professor in the School of Public Affairs.
SRC is a nonprofit research and development company headquartered in Cicero that focuses on areas that include defense, environment, and intelligence.
