Welcome!

Oracle Authors: Trevor Parsons, Carmen Gonzalez, MC Brown, Pat Romanski, Elizabeth White

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
The definition of IoT is not new, in fact it’s been around for over a decade. What has changed is the public's awareness that the technology we use on a daily basis has caught up on the vision of an always on, always connected world. If you look into the details of what comprises the IoT, you’ll see that it includes everything from cloud computing, Big Data analytics, “Things,” Web communication, applications, network, storage, etc. It is essentially including everything connected online from hardware to software, or as we like to say, it’s an Internet of many different things. The difference ...
Cloud Expo 2014 TV commercials will feature @ThingsExpo, which was launched in June, 2014 at New York City's Javits Center as the largest 'Internet of Things' event in the world.
An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and assessments, including a decade of leading incident response and digital forensics. He is co-author of t...

ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ --  IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and delivery with a single-tenant version of Bluemix, IBM's platform-as-a-service. The new platform enables developers to build ap...

The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud strategy and programs. In this Power Panel at 15th Cloud Expo (http://www.CloudComputingExpo.com), moderated by Ashar Baig, Research Director, Cloud, at Gigaom Research, Nate Gordon, Director of T...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Architect for the Internet of Things and Intelligent Systems at Red Hat, described how to revolutioniz...
Technology is enabling a new approach to collecting and using data. This approach, commonly referred to as the "Internet of Things" (IoT), enables businesses to use real-time data from all sorts of things including machines, devices and sensors to make better decisions, improve customer service, and lower the risk in the creation of new revenue opportunities. In his General Session at Internet of @ThingsExpo, Dave Wagstaff, Vice President and Chief Architect at BSQUARE Corporation, discuss the real benefits to focus on, how to understand the requirements of a successful solution, the flow of ...
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, and physical persons. In the IoT vision, every new "thing" - sensor, actuator, data source, data con...
"BSQUARE is in the business of selling software solutions for smart connected devices. It's obvious that IoT has moved from being a technology to being a fundamental part of business, and in the last 18 months people have said let's figure out how to do it and let's put some focus on it, " explained Dave Wagstaff, VP & Chief Architect, at BSQUARE Corporation, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Focused on this fast-growing market’s needs, Vitesse Semiconductor Corporation (Nasdaq: VTSS), a leading provider of IC solutions to advance "Ethernet Everywhere" in Carrier, Enterprise and Internet of Things (IoT) networks, introduced its IStaX™ software (VSC6815SDK), a robust protocol stack to simplify deployment and management of Industrial-IoT network applications such as Industrial Ethernet switching, surveillance, video distribution, LCD signage, intelligent sensors, and metering equipment. Leveraging technologies proven in the Carrier and Enterprise markets, IStaX is designed to work ac...
"There is a natural synchronization between the business models, the IoT is there to support ,” explained Brendan O'Brien, Co-founder and Chief Architect of Aria Systems, in this SYS-CON.tv interview at the 15th International Cloud Expo®, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
C-Labs LLC, a leading provider of remote and mobile access for the Internet of Things (IoT), announced the appointment of John Traynor to the position of chief operating officer. Previously a strategic advisor to the firm, Mr. Traynor will now oversee sales, marketing, finance, and operations. Mr. Traynor is based out of the C-Labs office in Redmond, Washington. He reports to Chris Muench, Chief Executive Officer. Mr. Traynor brings valuable business leadership and technology industry expertise to C-Labs. With over 30 years' experience in the high-tech sector, John Traynor has held numerous...
Bit6 today issued a challenge to the technology community implementing Web Real Time Communication (WebRTC). To leap beyond WebRTC’s significant limitations and fully leverage its underlying value to accelerate innovation, application developers need to consider the entire communications ecosystem.
The 3rd International @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades.
The Internet of Things is not new. Historically, smart businesses have used its basic concept of leveraging data to drive better decision making and have capitalized on those insights to realize additional revenue opportunities. So, what has changed to make the Internet of Things one of the hottest topics in tech? In his session at @ThingsExpo, Chris Gray, Director, Embedded and Internet of Things, discussed the underlying factors that are driving the economics of intelligent systems. Discover how hardware commoditization, the ubiquitous nature of connectivity, and the emergence of Big Data a...
Almost everyone sees the potential of Internet of Things but how can businesses truly unlock that potential. The key will be in the ability to discover business insight in the midst of an ocean of Big Data generated from billions of embedded devices via Systems of Discover. Businesses will also need to ensure that they can sustain that insight by leveraging the cloud for global reach, scale and elasticity.
SYS-CON Events announced today that Windstream, a leading provider of advanced network and cloud communications, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Windstream (Nasdaq: WIN), a FORTUNE 500 and S&P 500 company, is a leading provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, phone and digital TV services to consumers primarily in rural areas.
SYS-CON Events announced today that IDenticard will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. IDenticard™ is the security division of Brady Corp (NYSE: BRC), a $1.5 billion manufacturer of identification products. We have small-company values with the strength and stability of a major corporation. IDenticard offers local sales, support and service to our customers across the United States and Canada. Our partner network encompasses some 300 of the world's leading systems integrators and security s...
IoT is still a vague buzzword for many people. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. He also discussed how IoT is perceived by investors and how venture capitalist access this space. Other topics discussed were barriers to success, what is new, what is old, and what the future may hold. Mike Kavis is Vice President & Principal Cloud Architect at Cloud Technology Pa...
Cloud Expo 2014 TV commercials will feature @ThingsExpo, which was launched in June, 2014 at New York City's Javits Center as the largest 'Internet of Things' event in the world. The next @ThingsExpo will take place November 4-6, 2014, at the Santa Clara Convention Center, in Santa Clara, California. Since its launch in 2008, Cloud Expo TV commercials have been aired and CNBC, Fox News Network, and Bloomberg TV. Please enjoy our 2014 commercial.