Parsons Appoints George Ball As Interim CFO, Replacing Matt Ofilos, Who Will Step Down Effective November 6

Ofilos to pursue another professional opportunity. Ofilos’ resignation is not the result of any disagreement with the company on any matter relating to the company’s operations, policies, or practices.

The company’s Board of Directors has appointed George Ball, Parsons’ former Chief Financial Officer and a current member of the Board of Directors, to serve as Interim Chief Financial Officer, effective November 6, 2026. This appointment provides continuity in the company’s financial leadership while the Board of Directors conducts a thorough search for a permanent successor.

Ball served as Parsons’ Chief Financial Officer from 2008 to 2022 and joined the company’s Board following his retirement as Chief Financial Officer. During his tenure as Chief Financial Officer, he played an integral role in guiding the transformation of the company and helped lead Parsons’ initial public offering in 2019. He joined Parsons in 1995 and held multiple financial and operational leadership positions with global responsibilities before becoming Chief Financial Officer. He has also served on the boards of multiple public and nonprofit organizations.