Nazzic S. Keene Becomes Chief Executive Officer of SAIC
Keene to Build On Accomplishments of Retiring CEO Tony Moraco
Public Company Information:
RESTON, Va.--(BUSINESS WIRE)--Science Applications International Corp. (NYSE:SAIC) and its Board of Directors have announced Nazzic S. Keene as chief executive officer effective today, Aug. 1, 2019. Keene, who most recently served as chief operating officer of SAIC, succeeds Tony Moraco who has retired after serving as CEO since 2013.
Keene is a well-respected industry leader with three decades of experience in information systems and technology services, and more than 20 years in executive management. Prior to serving as SAIC’s COO, she was the president of the company’s Global Markets and Missions sector and led Corporate Strategy. Keene is the recipient of the Washington Business Journal’s 2018 COO of the Year Award, the Washington Business Journal‘s Women Who Mean Business Award and has served on the boards of numerous nonprofits.
“As a longtime leader at SAIC, Nazzic teamed with Tony over the past year to ensure a successful transition for SAIC and its shareholders,” said Donna Morea, SAIC board chair. “We are excited for Nazzic to begin her tenure as CEO and confident that she will bring the level of strategic foresight, focus on the customer mission and strong leadership to exploit SAIC’s strengths and opportunities. With such an intimate knowledge of the business and industry, she will continue to drive our accelerated growth strategy marked by the Engility acquisition and our expanding capabilities, talent and customer access.”
Keene will focus on enhancing SAIC’s mission-critical solutions and services including IT modernization, digital engineering, space and intelligence capabilities that align with our national priorities. Her continued prioritization on customer relationships and enhancing the talent management strategy will also frame her priorities as she steps into her new role.
“I’m honored to lead SAIC as one of the largest independent technology integrators in government services,” said Keene. “We are in the midst of exciting change and will soon implement strategies that further invigorate SAIC, continue to differentiate our customer solutions, and confirm our dedication to employee development and shareholder value.”
SAIC® is a premier technology integrator solving our nation’s most complex modernization and readiness challenges. Our robust portfolio of offerings across the defense, space, civilian, and intelligence markets includes high-end solutions in engineering, IT, and mission solutions. Using our expertise and understanding of existing and emerging technologies, we integrate the best components from our own portfolio and our partner ecosystem to deliver innovative, effective, and efficient solutions.
We are 23,000 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has pro forma annual revenues of approximately $6.5 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.
Certain statements in this release contain or are based on “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “guidance,” and similar words or phrases. Forward-looking statements in this release may include, among others, estimates of future revenues, operating income, earnings, earnings per share, charges, total contract value, backlog, outstanding shares and cash flows, as well as statements about future dividends, share repurchases and other capital deployment plans. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Legal Proceedings” sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the SEC, which may be viewed or obtained through the Investor Relations section of our website at saic.com or on the SEC’s website at sec.gov . Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC’s expectations. SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.