Cubic names new president of Mission Support Services segment
Cubic Corporation, the parent company of combat training systems provider Cubic Defense Systems, announced on Thursday that Bill Toti will be the new president of the company's Mission Support Services segment.
Before joining Cubic, Toti worked at the Hewlett-Packard Company as the vice president and account executive for the U.S. Navy and Marine Corps accounts for HP Enterprise Services. He led all information technology (IT) strategy, service design, service operations, service transition and continuous service improvement for the Navy and Marines Corps internet network.
"We are delighted to welcome Bill to Cubic," Brad Feldmann, the president and chief operating officer of Cubic, said. "He brings the right talent and experience to this important role as we continue to seek ways to expand growth prospects for the company. Bill is a proven leader with a solid track record in mission-oriented businesses including large scale IT enterprises deployment and support."
Toti will also serve as a senior vice president for Cubic.
Toti will succeed Jimmie Balentine as the president of Mission Support Services. Balentine worked for Cubic for more than 20 years and successfully grew the business unit from $25 million to approximately $500 million during his tenure.
"I want to thank Jimmie Balentine for his extraordinary efforts leading our Mission Support Services business segment," Feldmann said. "Jim has demonstrated outstanding leadership and built a world-class team."
Balentine will stay on as the chairman of Mission Support Services for the rest of the fiscal year. He will then serve in a part-time role as Toti's executive advisor.
Cubic Corporation is comprised of three major business segments: Cubic Transportation Services, Cubic Defense Systems and Mission Support Services. Cubic Defense Systems proves realistic combat training systems and secure communications. Mission Support Systems provides operations, training, technical, maintenance and other support services for the U.S. and allied nations.