Former Rolls-Royce Tax Director joins Exostar

Exostar, the leader in secure multi-enterprise collaboration solutions for aerospace and defense, has announced that Richard Addi joins as its Chief Financial Officer.

Mr. Addi joins Exostar from Data Systems & Solutions (DS&S), a technology venture founded by Rolls-Royce and Science Applications International Corporation (SAIC). He helped double profitability at DS&S, which rapidly grew to become the acknowledged market leader for high-value asset analytics. Mr. Addi is credited with introducing strong operational processes and helping to scale the business. Earlier, as Director of Tax for Rolls-Royce North America, he managed cross-border financing, mergers and acquisitions, restructurings and economic development.

Exostar was founded by BAE Systems, Boeing, Lockheed Martin, Raytheon and Rolls-Royce, to build solutions that enable secure collaboration and information sharing among partners, suppliers and customers. Its on-demand applications provide multi-tier supply chain visibility, sourcing, procurement and program collaboration to a community network of 34,000 manufacturers and suppliers. Exostar’ s leading position in digital identity and access management allows users of its Trusted Workspace to share information while maintaining appropriate controls and reducing compliance risk.