Exostar Promotes Venencia Magnusen to Human Resources Vice President



Recognition Reflects Sustained Superior Performance, Leading Role in Driving Company’s Growth and Transformation

Exostar Executives

HERNDON, VA, March 22, 2018 – Exostar, whose cloud-based solutions help companies in aerospace and defenselife sciences, and healthcare collaborate securely with their partners, today announced the newest addition to its executive team, promoting Venencia Magnusen to the position of Vice President, Human Resources.  In her new role, Magnusen will continue to oversee all HR initiatives at the company, including talent acquisition, career planning, and employee engagement.  She leads a team of HR specialists tasked with maintaining a thriving corporate culture and enabling and empowering the success of the business as Exostar augments its staff by 10-20% in the coming year.

“Venencia has demonstrated consistent, outstanding leadership and proficiency from the moment she was hired,” said Richard Addi, Exostar’s President and CEO.  “Her proactive, engaged approach is essential for a growing company like ours.  She possesses all of the qualities you would want at the top of your HR organization: strength, conviction, empathy, teamwork, and a thirst for knowledge.  She deserves every accolade she receives.”

Magnusen came to Exostar in 2015 from Harris IT Services Corporation.  There, she provided strategic HR leadership to the Assured Information Systems and DoD Air Force lines of business, supporting nearly 700 employees across multiple domestic and international locations.  Prior to Harris, she served as HR Business Partner at Data Systems & Solutions, a wholly-owned subsidiary of Rolls-Royce.  At DS&S, she was responsible for the career development and satisfaction of 200 staff stationed at four sites across the U.S.  Earlier in her 20-year career, Magnusen worked as an Administrative Program Specialist for the Virginia Department of Transportation.

“At Exostar, I have been given the opportunity, freedom, and support to develop and execute the strategic and tactical plans integral to growth and the establishment of a fulfilling corporate culture,” Magnusen said.  “I am fortunate that I get to work with great people every day, and help them achieve their professional goals as part of a winning organization.”

Magnusen holds a B.S. in Business Management and an M.S. in Organizational Development and Knowledge Management from George Mason University.  She is a member of the Society for Human Resource Management, and she has attained Senior Certified Professional and Senior Professional in Human Resources designations.

About Exostar

Exostar, named a Cool Vendor for 2016 by Gartner, offers cloud-based solutions that help companies in highly-regulated industries mitigate risk and solve identity and access challenges. Nearly 150,000 organizations leverage Exostar to help them collaborate securely, efficiently, and compliantly with their partners and suppliers. By offering connect-once, single sign-on access, Exostar strengthens security, reduces expenditures, and raises productivity so customers can better meet contractual, regulatory, and time-to-market objectives.  www.exostar.com.