|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.
SYS-CON Events announced today that the "Second Containers & Microservices Expo" will take place November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities.
Sep. 2, 2015 11:45 PM EDT Reads: 638
In his session at @ThingsExpo, Lee Williams, a producer of the first smartphones and tablets, will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ETwater. He will explain how M2M controllers work through wirelessly connected remote controls; and specifically delve into a retrofit option that reverse-engineers control codes of existing conventional controller systems so they don't have to be replaced and are instantly converted to become smart, connected devices.
Sep. 2, 2015 11:15 PM EDT Reads: 223
Akana has announced the availability of the new Akana Healthcare Solution. The API-driven solution helps healthcare organizations accelerate their transition to being secure, digitally interoperable businesses. It leverages the Health Level Seven International Fast Healthcare Interoperability Resources (HL7 FHIR) standard to enable broader business use of medical data. Akana developed the Healthcare Solution in response to healthcare businesses that want to increase electronic, multi-device access to health records while reducing operating costs and complying with government regulations.
Sep. 2, 2015 10:00 PM EDT Reads: 307
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps 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 today!
Sep. 2, 2015 06:30 PM EDT Reads: 1,659
SYS-CON Events announced today that IceWarp will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. IceWarp, the leader of cloud and on-premise messaging, delivers secured email, chat, documents, conferencing and collaboration to today's mobile workforce, all in one unified interface
Sep. 2, 2015 06:00 PM EDT Reads: 463
SYS-CON Events announced today that Micron Technology, Inc., a global leader in advanced semiconductor systems, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Micron’s broad portfolio of high-performance memory technologies – including DRAM, NAND and NOR Flash – is the basis for solid state drives, modules, multichip packages and other system solutions. Backed by more than 35 years of technology leadership, Micron's memory solutions enable the world's most innovative computing, consumer,...
Sep. 2, 2015 05:30 PM EDT Reads: 270
SYS-CON Events announced today the Containers & Microservices Bootcamp, being held November 3-4, 2015, in conjunction with 17th Cloud Expo, @ThingsExpo, and @DevOpsSummit at the Santa Clara Convention Center in Santa Clara, CA. This is your chance to get started with the latest technology in the industry. Combined with real-world scenarios and use cases, the Containers and Microservices Bootcamp, led by Janakiram MSV, a Microsoft Regional Director, will include presentations as well as hands-on demos and comprehensive walkthroughs.
Sep. 2, 2015 04:45 PM EDT Reads: 394
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies leverage disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevOps to advance innovation and increase agility. Specializing in designing, imple...
Sep. 2, 2015 04:15 PM EDT Reads: 355
17th Cloud Expo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, 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. Meanwhile, 94% of enterprises are using some form of XaaS – software, platform, and infrastructure as a service.
Sep. 2, 2015 04:00 PM EDT Reads: 1,583
With the Apple Watch making its way onto wrists all over the world, it’s only a matter of time before it becomes a staple in the workplace. In fact, Forrester reported that 68 percent of technology and business decision-makers characterize wearables as a top priority for 2015. Recognizing their business value early on, FinancialForce.com was the first to bring ERP to wearables, helping streamline communication across front and back office functions. In his session at @ThingsExpo, Kevin Roberts, GM of Platform at FinancialForce.com, will discuss the value of business applications on wearable ...
Sep. 2, 2015 04:00 PM EDT
The 3rd International WebRTC Summit, to be held Nov. 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 15th International Cloud Expo, 6th International Big Data Expo, 3rd International DevOps Summit and 2nd Internet of @ThingsExpo. WebRTC (Web-based Real-Time Communication) is an open source project supported by Google, Mozilla and Opera that aims to enable bro...
Sep. 2, 2015 03:45 PM EDT Reads: 1,566
WebRTC services have already permeated corporate communications in the form of videoconferencing solutions. However, WebRTC has the potential of going beyond and catalyzing a new class of services providing more than calls with capabilities such as mass-scale real-time media broadcasting, enriched and augmented video, person-to-machine and machine-to-machine communications. In his session at @ThingsExpo, Luis Lopez, CEO of Kurento, will introduce the technologies required for implementing these ideas and some early experiments performed in the Kurento open source software community in areas ...
Sep. 2, 2015 02:15 PM EDT
Consumer IoT applications provide data about the user that just doesn’t exist in traditional PC or mobile web applications. This rich data, or “context,” enables the highly personalized consumer experiences that characterize many consumer IoT apps. This same data is also providing brands with unprecedented insight into how their connected products are being used, while, at the same time, powering highly targeted engagement and marketing opportunities. In his session at @ThingsExpo, Nathan Treloar, President and COO of Bebaio, will explore examples of brands transforming their businesses by t...
Sep. 2, 2015 02:00 PM EDT Reads: 269
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Sep. 2, 2015 01:30 PM EDT Reads: 945
While many app developers are comfortable building apps for the smartphone, there is a whole new world out there. In his session at @ThingsExpo, Narayan Sainaney, Co-founder and CTO of Mojio, will discuss how the business case for connected car apps is growing and, with open platform companies having already done the heavy lifting, there really is no barrier to entry.
Sep. 2, 2015 12:45 PM EDT Reads: 199
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome,” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
Sep. 2, 2015 12:15 PM EDT Reads: 420
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. 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 Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal an...
Sep. 2, 2015 11:30 AM EDT Reads: 2,001
As more intelligent IoT applications shift into gear, they’re merging into the ever-increasing traffic flow of the Internet. It won’t be long before we experience bottlenecks, as IoT traffic peaks during rush hours. Organizations that are unprepared will find themselves by the side of the road unable to cross back into the fast lane. As billions of new devices begin to communicate and exchange data – will your infrastructure be scalable enough to handle this new interconnected world?
Sep. 2, 2015 11:15 AM EDT Reads: 193
With the proliferation of connected devices underpinning new Internet of Things systems, Brandon Schulz, Director of Luxoft IoT – Retail, will be looking at the transformation of the retail customer experience in brick and mortar stores in his session at @ThingsExpo. Questions he will address include: Will beacons drop to the wayside like QR codes, or be a proximity-based profit driver? How will the customer experience change in stores of all types when everything can be instrumented and analyzed? As an area of investment, how might a retail company move towards an innovation methodolo...
Sep. 2, 2015 11:15 AM EDT Reads: 500
The Internet of Things is in the early stages of mainstream deployment but it promises to unlock value and rapidly transform how organizations manage, operationalize, and monetize their assets. IoT is a complex structure of hardware, sensors, applications, analytics and devices that need to be able to communicate geographically and across all functions. Once the data is collected from numerous endpoints, the challenge then becomes converting it into actionable insight.
Sep. 2, 2015 09:00 AM EDT