|By PR Newswire||
|November 5, 2012 08:31 AM EST||
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.
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.
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
Jan. 17, 2017 02:15 PM EST Reads: 3,618
In his General Session at 17th Cloud Expo, Bruce Swann, Senior Product Marketing Manager for Adobe Campaign, explored the key ingredients of cross-channel marketing in a digital world. Learn how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects).
Jan. 17, 2017 02:00 PM EST Reads: 5,345
Things are changing so quickly in IoT that it would take a wizard to predict which ecosystem will gain the most traction. In order for IoT to reach its potential, smart devices must be able to work together. Today, there are a slew of interoperability standards being promoted by big names to make this happen: HomeKit, Brillo and Alljoyn. In his session at @ThingsExpo, Adam Justice, vice president and general manager of Grid Connect, will review what happens when smart devices don’t work togethe...
Jan. 17, 2017 01:45 PM EST Reads: 143
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
Jan. 17, 2017 12:45 PM EST Reads: 5,523
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, 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 opportunity. Submit your speaking proposal ...
Jan. 17, 2017 12:45 PM EST Reads: 5,045
"Tintri was started in 2008 with the express purpose of building a storage appliance that is ideal for virtualized environments. We support a lot of different hypervisor platforms from VMware to OpenStack to Hyper-V," explained Dan Florea, Director of Product Management at Tintri, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jan. 17, 2017 12:45 PM EST Reads: 4,394
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Jan. 17, 2017 11:45 AM EST Reads: 4,173
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in Embedded and IoT solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 7-9, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and E...
Jan. 17, 2017 11:45 AM EST Reads: 5,704
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
Jan. 17, 2017 11:45 AM EST Reads: 1,902
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
Jan. 17, 2017 11:15 AM EST Reads: 463
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
Jan. 17, 2017 10:30 AM EST Reads: 2,733
In the next five to ten years, millions, if not billions of things will become smarter. This smartness goes beyond connected things in our homes like the fridge, thermostat and fancy lighting, and into heavily regulated industries including aerospace, pharmaceutical/medical devices and energy. “Smartness” will embed itself within individual products that are part of our daily lives. We will engage with smart products - learning from them, informing them, and communicating with them. Smart produc...
Jan. 17, 2017 10:30 AM EST Reads: 1,632
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
Jan. 17, 2017 10:00 AM EST Reads: 5,750
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, discussed the best practices that will ensure a successful smart city journey.
Jan. 17, 2017 08:00 AM EST Reads: 1,955
WebRTC sits at the intersection between VoIP and the Web. As such, it poses some interesting challenges for those developing services on top of it, but also for those who need to test and monitor these services. In his session at WebRTC Summit, Tsahi Levent-Levi, co-founder of testRTC, reviewed the various challenges posed by WebRTC when it comes to testing and monitoring and on ways to overcome them.
Jan. 17, 2017 07:45 AM EST Reads: 5,899
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
Jan. 17, 2017 07:00 AM EST Reads: 6,774
The best-practices for building IoT applications with Go Code that attendees can use to build their own IoT applications. In his session at @ThingsExpo, Indraneel Mitra, Senior Solutions Architect & Technology Evangelist at Cognizant, provided valuable information and resources for both novice and experienced developers on how to get started with IoT and Golang in a day. He also provided information on how to use Intel Arduino Kit, Go Robotics API and AWS IoT stack to build an application tha...
Jan. 17, 2017 06:30 AM EST Reads: 3,774
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.
Jan. 17, 2017 06:00 AM EST Reads: 1,136
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex softw...
Jan. 17, 2017 04:15 AM EST Reads: 1,816
Internet of @ThingsExpo, taking place June 6-8, 2017 at the Javits Center in New York City, New York, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo New York Call for Papers is now open.
Jan. 17, 2017 03:45 AM EST Reads: 3,543