News

Dr. Marc Bendickson Joins Penta Board of Directors

3/23/2020

Penta is pleased to announce the addition of Dr. Marc Bendickson to its Board of Directors. Dr. Bendickson brings to the Penta Board a wealth of experience in Employee Stock Ownership Plan (ESOP) execution, a resume of guiding business to sustained growth and an extensive knowledge of the Huntsville business community. Dr. Bendickson retired from Dynetics, Inc in 2015 after serving as CEO for 25 years. He began his career working for Bell Telephone Laboratories in radar and communications areas, moving to Teledyne Brown Engineering in 1971 to continue his pursuit of military radar system design and analysis specializing in simulation techniques. In 1974 he joined Dynetics; a newly founded company specializing in radar systems analysis. Over the next 15 years he rose from a project lead to a department manager having responsibilities for Radar Intelligence Systems, Tactical radars and missile seeker systems. In 1989, he helped to formulate and execute a leverage buyout of the retiring owners via an ESOP. As CEO and Chairman of the corporation, Dynetics grew from 160 employees to over 1500 with annual sales of roughly $300M. The company added commercial products and services as well as a strong hardware prototyping and limited production capability under his leadership. Several subsidiaries, joint ventures and regional offices were also created during his tenure. Dr. Bendickson became a strong believer in the power of ESOPs for driving employee involvement and creating a culture of empowerment. He enjoys teaching courses on leadership styles and management theory. He and his wife Sheryl live in Huntsville Alabama near their 2 married children and 6 grandchildren.