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Executive Team

William Shelt, President and Principal

Mr. Shelt has more than thirty years experience in the technical and professional services industry, utilizing technology applications and lean business processes to reduce customer costs and increase efficiency. He has proven success in planning, organizing and staffing globally dispersed operations to meet customer requirements, then directing and controlling company resources to achieve performance objectives.

While attending a FAA FAR Part 61 Flight School, Mr. Shelt helped launch a successful flight training software development firm. Since that time, he has been in business roles with increasing responsibility serving the government and commercial sectors for FlightSafety International, E-Systems, Raytheon, Lockheed Martin and DynCorp International. He was actively involved in the sale and transition of DynCorp to Computer Sciences Corporation (CSC). As the Sr. Vice President, he was responsible for all new business efforts in Europe, Latin America, the Middle East, Asia and North America resulting in a 23% annual growth rate and over $4B in new business in less than 3 years.

As co-founder of M1, Mr. Shelt has been directly responsible for business development, contract operations, finance, security and regulatory compliance as the company has grown from two employees to over 3000. He is also the President of two international subsidiaries of M1 Support Services in Germany and in Qatar.

Mr. Shelt has an undergraduate degree in Marketing and Master of Business Administration degree with specialization in International Business. During this time, he studied at the Ecole Superiuere de Commerce et Entreprises in Nantes, France, and earned recognition in Beta Gamma Sigma, the National Business Honorary Society.

Kathleen Hildreth, Managing Director and Principal

Throughout her 30 year career in government and professional services, Ms. Hildreth has been a leader in winning and maintaining new business, maximizing customer satisfaction and implementing innovation. As co-founder of M1 Support Services (M1) in 2003, she has grown a successful services company from two employees to over 3000.

Prior to starting M1, from 2001 to 2003 Ms. Hildreth served as Vice President Business Development for DynCorp International, responsible for pursuing and winning new professional and technical service business worldwide. From 1991 to 2001 she performed in a wide range of jobs in marketing and operations for DynCorp including Program Manager, Contract Administrator, Logistics Manager, Capture Manager, and Proposal Manager. During her tenure at DynCorp, she was instrumental in winning over $7 billion of new and recompete business.

Operationally, she has managed Business and Logistics functions for individual Government contracts with as many as 450 employees and $100 million in annual revenue and currently oversees operations and quality for over 3000 employees worldwide.

During her 30-year career, Ms. Hildreth has also held various aerospace related engineering, logistics, maintenance, and business management positions for General Electric, Lockheed Martin and the U.S. Army. A FAA commercial helicopter pilot, she served in the U.S. Army as an Aviation Maintenance Officer and Maintenance Test Pilot. She is qualified in the UH-1 and UH-60 helicopters.

Ms. Hildreth holds a Bachelor of Science degree from the United States Military Academy and M.Ed. from Georgia Southern University.

Thomas Johnson, Chief Financial Officer

Mr. Johnson has over twenty-five years in financial management supporting companies specializing in Government Contracting. His financial management background includes working for large government contractors as well as smaller privately held companies.

Prior to joining M1 he was the Chief Financial Officer for Del-Jen, Inc (1997-2010) and held financial leadership responsibilities for the privately held company which included all financial accounting, treasury, audit, government accounting, employee benefits and IT oversight. After Flour’s acquisition of Del-Jen, Mr. Johnson continued on with Del-Jen/Fluor and supported further growth of the company through both acquisitions and organic growth.

Mr. Johnson was employed by ITT Systems (1983-1997) as their Assistant Controller overseeing the financial operations of Government Contracts through the US, Europe and the Middle East.

Mr. Johnson has a Bachelors Degree in Accounting from Seton Hall University, a Master Degree in Management from Jacksonville University and is a Certified Public Accountant.  He also participates on the Board of Directors of Columbus Insurance Ltd. A Captive Insurer domiciled in the Cayman Islands.

Martin Craft, Chief of Business Operations

With over 16 years of Government business management experience, Mr. Craft has a broad background in finance, accounting and business management and has been responsible for the full spectrum of financial management including payroll, accounts payable, contracts revenue recognition, billing, and accounts receivable. Responsible for year-end program financial accounting audits with outside auditors, budgeting, capitalization and other financial support services, he has been instrumental in the design and effective management of employee insurance benefits and developed procedures for statutory compliance for quarterly tax reports, payroll deposits, monthly and fiscal year close-out. He ensures compliance with generally accepted accounting principles and Sarbanes-Oxley requirements.

Prior to joining M1 in 2005, Mr. Craft served as the Director of Business Administration for a $1B, complex, worldwide life cycle contractor support operation.

Mr. Craft holds a Bachelor of Business Administration and a Masters of Business Administration (MBA).

Kevin Denny, Vice President of Contracts

Mr. Denny has over twenty-five years of experience negotiating and administering Government Service Contracts. His contract management expertise was developed while working both for large government services oriented corporations and smaller privately held companies.

Prior to joining M1 he was the Vice President of Contracts for URS Corporation (2002-2013) where he was responsible for cradle to grave contract/subcontract administration of $750M in annual revenue on domestic and internationally executed contracts with the Federal Government. Prior to that he was the Chief Financial Officer for a mid–sized privately held aerospace engineering company providing Government support services. In this capacity he was responsible for P&L, cash flow, capital investments, maintenance of various credit facilities and banking relationships and also managed the Accounting, Human Resources, Contracts, Procurement, and Pricing departments. He began his career as an Payload Systems Engineer with McDonnell Douglas Corporation supporting the National Aeronautics Space Administration (NASA) before being promoted into several positions of increasing responsibility associated with the financial management of Government contracts.

Mr. Denny has a Bachelor of Science degree in Bioengineering from Texas A&M University and Master of Science in Finance from the University of Houston.

Mary Corcoran, Director of Finance and Contracts

Ms. Corcoran has more than 20 years of experience in finance, accounting, Government contracts, proposals/cost estimating and internal audits, including 13 years in field maintenance support management. She has managed, developed, and maintained all aspects of finance, accounting and payroll and prepared Government billings for Government contracts valued at more than $1B. She has held a wide variety or accounting, finance and contracts positions culminating with her performance as Senior Manager of Internal Audit and Internal Compliance for L-3 Integrated Systems prior to joining M1 in 2008.

Ms. Corcoran has BA in Accounting/General Business as well as a BA in Finance.