Welcome!

Recurring Revenue Authors: Pat Romanski, Liz McMillan, Sematext Blog, Elizabeth White, Kevin Benedict

News Feed Item

SAIC Announces Key Leadership For Planned New Companies

John Jumper to lead $7B National Security, Health and Engineering Solutions Business, Tony Moraco to lead $4B Government Technical Services and Enterprise IT Business

MCLEAN, Va., Nov. 5, 2012 /PRNewswire/ -- SAIC today announced key leadership appointments for the businesses that will be created next year following its planned separation into two independent, publicly traded companies, as announced Aug. 30.

National Security, Health & Engineering Solutions Business

  • John Jumper, CEO and Chairman of the Board
  • Stu Shea, President and COO
  • Mark Sopp, CFO
  • Vince Maffeo, General Counsel
  • Joe Craver, Sector President – Health, Engineering & Commerce

John Jumper, SAIC's current chairman and chief executive officer (CEO), will be appointed as CEO and Chairman of the business focused on delivering science and technology solutions in three high-growth markets that reflect high priority, long-term global needs – national security, engineering and health. Jumper's experience in both defense and global industry and his focus on providing the most advanced technical solutions to war fighters and government and commercial customers, has been an asset to SAIC since his appointment to the Board of Directors in 2007. Stu Shea is SAIC's current Chief Operating Officer (COO) and former group president.  He will continue to serve as the company's COO and assume the position of President, leveraging his critical role in developing the restructured solutions business model, while continuing to deliver the benefits of decades of experience in the intelligence community.

Mark Sopp, SAIC's Chief Financial Officer (CFO) since 2005, will continue to support shareholders as the company's CFO. Vince Maffeo, SAIC's current general counsel, who came to the company from ITT Corporation in 2010, will remain on the leadership team and serve in the same capacity. Joe Craver, current group president, will continue to lead the health, engineering, and commerce portions of the business as sector president. With Tony Moraco's planned move to lead the services company, SAIC will initiate an executive search for the president of the national security sector.

The three markets this company represents share an increasingly important convergence of the physical and digital worlds. The combined talents of this leadership team will enable the company to operate fluidly in these complex, data rich markets, and continue SAIC's proud legacy of securing the future of our families, our communities, and our world. Pro forma revenue for the fiscal year ending January 31, 2013 for the future solutions-focused business is estimated at $7 billion.

Government Technical Services & Enterprise IT Business

  • Tony Moraco, CEO
  • Sandy Sanderson – Non-executive Chairman of the Board
  • Tom Baybrook, Chief of Administration and Operations
  • John Hartley, CFO
  • Deborah Lee James, Sector President – Technical Services
  • Nazzic Turner, Sector President – Enterprise IT

Moraco will serve as CEO for the government technical services and enterprise IT business, bringing his in-depth market knowledge and operational excellence to the company.  He will lead company initiatives to tap into billions of dollars in new business made accessible by the removal of existing organizational conflicts of interest (OCI) after separation. Prior to his current role as ISR Group President, Moraco served as an Executive Vice President responsible for SAIC's IT, facilities, security, program execution, procurement, shared services and operational initiatives – driving efficiency and effectiveness across the enterprise. Mr. Edward "Sandy" Sanderson will assume the position of Non-executive Chairman of the Board of Directors.  He has been a member of the SAIC Board of Directors since 2002 having retired from a career in the technology industry, serving in senior management positions with Oracle, McKinsey & Company, and Accenture.

Tom Baybrook, current acting president of SAIC's Defense Solutions Group (DSG), will serve as the company's chief of administration and operations, leveraging decades of expertise in the federal technical services and IT markets. He will be responsible for a broad range of activities including operations and performance excellence efforts, as well as corporate business management and enterprise service functions.

John Hartley, SAIC senior vice president and corporate controller, will be the company's CFO. Hartley has been SAIC's corporate controller and principal accounting officer since 2005, responsible for SEC reporting, technical accounting, Sarbanes-Oxley compliance, tax and financial planning and analysis, accounting, and government compliance.  Prior to joining SAIC in 2001, Hartley spent 12 years with the public accounting firm Deloitte LLP where he focused on the Aerospace and Defense industry.

Deborah Lee James, SAIC's current Executive Vice President for Communications and Government Affairs, will serve as sector president of the company's technical services sector. James formerly served as a business unit general manager within SAIC's DSG focusing on Navy C4 (Command, Control, Computers, Communication) and aviation related business areas. She brings more than 25 years of senior leadership experience in national security programs to her new role, including serving as assistant secretary of defense for Reserve Affairs for more than five years. Nazzic Turner, who recently joined the company from CGI, will serve as sector president for Enterprise IT. She has more than 26 years of experience delivering professional services in both the public and commercial IT sectors, growing and operating professional services practices, and delivering applications, products, systems integration services and outsourced solutions to customers.

Together, the leadership team will manage a diverse contract portfolio utilizing effective tools and efficient processes – one of the largest, pure-play government services companies in the market, competing in a broad market space and leveraging their combined deep mission knowledge and customer relationships to spur growth and increase shareholder value. Pro forma revenue for the fiscal year ending January 31, 2013 for the future technical services business is estimated at $4 billion.

Unleashing Two World-Class Companies

"The talents of these leadership teams and their passion for customer success will enable SAIC to continue its evolution and proud heritage in new ways, as two new companies, growing through the elimination of OCI and adding mass to key growth areas through the next steps in the execution of our strategy," said Jumper. "Once in place, these teams will be at the helm of businesses with optimized cost structures and unrestricted access to their respective markets – both capable of leveraging decades of scientific and engineering excellence. Now is the right time and we have the right teams to unleash these two world-class companies and the value they can deliver to our customers, employees and shareholders."

The separation will take the form of a tax-free spin-off to SAIC stockholders of 100% of the shares of a newly formed company, upon final approval by the Board.

The spin-off is expected to occur in the latter half of next fiscal year.

About SAIC

SAIC is a FORTUNE 500® scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The Company's approximately 40,000 employees serve customers in the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. Headquartered in McLean, Va., SAIC had annual revenues of approximately $10.6 billion for its fiscal year ended January 31, 2012. For more information, visit http://www.saic.com/. SAIC: From Science to Solutions®

Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC's Annual Report on Form 10-K for the period ended January 31, 2012, and other such filings that SAIC makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.

SOURCE SAIC

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
CenturyLink has announced that application server solutions from GENBAND are now available as part of CenturyLink’s Networx contracts. The General Services Administration (GSA)’s Networx program includes the largest telecommunications contract vehicles ever awarded by the federal government. CenturyLink recently secured an extension through spring 2020 of its offerings available to federal government agencies via GSA’s Networx Universal and Enterprise contracts. GENBAND’s EXPERiUS™ Application...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develo...
SYS-CON Events announced today that MangoApps will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device.
The IETF draft standard for M2M certificates is a security solution specifically designed for the demanding needs of IoT/M2M applications. In his session at @ThingsExpo, Brian Romansky, VP of Strategic Technology at TrustPoint Innovation, explained how M2M certificates can efficiently enable confidentiality, integrity, and authenticity on highly constrained devices.
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
In today's uber-connected, consumer-centric, cloud-enabled, insights-driven, multi-device, global world, the focus of solutions has shifted from the product that is sold to the person who is buying the product or service. Enterprises have rebranded their business around the consumers of their products. The buyer is the person and the focus is not on the offering. The person is connected through multiple devices, wearables, at home, on the road, and in multiple locations, sometimes simultaneously...
“delaPlex Software provides software outsourcing services. We have a hybrid model where we have onshore developers and project managers that we can place anywhere in the U.S. or in Europe,” explained Manish Sachdeva, CEO at delaPlex Software, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
From wearable activity trackers to fantasy e-sports, data and technology are transforming the way athletes train for the game and fans engage with their teams. In his session at @ThingsExpo, will present key data findings from leading sports organizations San Francisco 49ers, Orlando Magic NBA team. By utilizing data analytics these sports orgs have recognized new revenue streams, doubled its fan base and streamlined costs at its stadiums. John Paul is the CEO and Founder of VenueNext. Prior ...
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
With 15% of enterprises adopting a hybrid IT strategy, you need to set a plan to integrate hybrid cloud throughout your infrastructure. In his session at 18th Cloud Expo, Steven Dreher, Director of Solutions Architecture at Green House Data, discussed how to plan for shifting resource requirements, overcome challenges, and implement hybrid IT alongside your existing data center assets. Highlights included anticipating workload, cost and resource calculations, integrating services on both sides...
Big Data engines are powering a lot of service businesses right now. Data is collected from users from wearable technologies, web behaviors, purchase behavior as well as several arbitrary data points we’d never think of. The demand for faster and bigger engines to crunch and serve up the data to services is growing exponentially. You see a LOT of correlation between “Cloud” and “Big Data” but on Big Data and “Hybrid,” where hybrid hosting is the sanest approach to the Big Data Infrastructure pro...
"We are a well-established player in the application life cycle management market and we also have a very strong version control product," stated Flint Brenton, CEO of CollabNet,, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
We all know the latest numbers: Gartner, Inc. forecasts that 6.4 billion connected things will be in use worldwide in 2016, up 30 percent from last year, and will reach 20.8 billion by 2020. We're rapidly approaching a data production of 40 zettabytes a day – more than we can every physically store, and exabytes and yottabytes are just around the corner. For many that’s a good sign, as data has been proven to equal money – IF it’s ingested, integrated, and analyzed fast enough. Without real-ti...
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
Unless your company can spend a lot of money on new technology, re-engineering your environment and hiring a comprehensive cybersecurity team, you will most likely move to the cloud or seek external service partnerships. In his session at 18th Cloud Expo, Darren Guccione, CEO of Keeper Security, revealed what you need to know when it comes to encryption in the cloud.
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...