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SAIC > SEC Filings for SAIC > Form 8-K on 21-Jul-2014All Recent SEC Filings




Change in Directors or Principal Officers, Financial Stat

Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

SAIC Appoints New Chief Human Resources Officer

Science Applications International Corporation (SAIC) announced today that it has appointed Kimberly Admire as its Chief Human Resources Officer, effective August 11, 2014. Ms. Admire was formerly a Vice President of Lockheed Martin Corporation and served in a number of key leadership positions during her 16-year career there, most recently responsible for enterprise-wide culture, diversity and equal opportunity programs. As a member of SAIC's executive team reporting to the Chief Executive Officer, Ms. Admire will lead the development and implementation of key employee related initiatives, including organizational culture and development, compensation and benefits, talent management, workforce planning, recruiting and employee engagement.

Ms. Admire will succeed Brian Keenan, who is stepping down effective August 1, 2014. Mr. Keenan served as Chief Human Resources Officer of SAIC's former parent since 2007 after joining that organization in 2000. Mr. Keenan led the human resources aspects of SAIC's spin-off from its former parent, which was completed in September 2013. In accordance with a Release Agreement dated July 17, 2014 between Mr. Keenan and SAIC, Mr. Keenan will remain as a consulting employee to SAIC through April 2015 to help ensure a smooth transition of his management role in the company to Ms. Admire. As a consulting employee, Mr. Keenan will continue to be eligible to participate in certain company plans, including vesting of equity awards previously granted to him under the company's Equity Incentive Plan. Following his August 2014 transition, Mr. Keenan will receive a payment of approximately $130,000 from SAIC, less applicable tax withholdings.

A copy of the press release announcing this management change is attached to this Form 8-K as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit 99.1 Press Release distributed July 21, 2014.

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