Reston, November 13, 2020 – Satya Akula is retiring after 9 years as the President and CEO of Amyx, Inc.  He will continue to be a stockholder.

Mr. Akula was one of the original group of investors that purchased Amyx in 2008, and in 2011 he took over as Amyx’s President and CEO. Under his leadership, not only have the revenues soared with an average Year-Over-Year growth rate of 30%, its key customer base has added the Defense Threat Reduction Agency, U.S. Transportation Command, Defense Health Agency, Securities and Exchange Commission, U.S. Army, Department of Energy, and Department of Homeland Security, while at the same time expanding its footprint at the Defense Logistics Agency.

The services which Amyx provides to its customers have also grown, adding Cyber Security, Cloud Computing, Agile Software Development, Acquisition Support, and Financial Support Services during his tenure as CEO.  Amyx has also gained quality certifications to include CMMI Level III, ISO 9001, ISO 14001, and ISO 27001.  Amyx has twice been included in the Washington Post’s “Top Workplaces” list.  And perhaps most importantly, Amyx has continuously excelled in customer satisfaction, as evidenced by its outstanding CPARS ratings.  Mr. Akula has also focused on back-office functions to make them extremely efficient and effective by getting an Approved Purchasing System and DCAA approved rates.  Mr. Akula has grown Amyx into a large business that is well postured for future success in the full and open market.

“I want to thank Satya for his tremendous contribution to Amyx’s success.  Amyx’s growth under his leadership has been nothing short of phenomenal.  His effective leadership helped grow Amyx in all aspects – the highest level of customer satisfaction, efficient back-office functions, many quality certifications, and business expansion into every State and Territory within the U.S.” said Scott Amey, the Chairman of Amyx. 

Mr. Amey announced that Bill Schaefer, the current Chief Operating Officer, will succeed Mr. Akula as Amyx’s President and CEO in December.

Satya Akula (right) and Bill Schaefer (left) at NASDAQ