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SAIC Announces Appointment of New Board Member

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SAIC has appointed John K. Tien, Jr., a U.S. Army veteran and former Deputy Secretary of Homeland Security, to its Board of Directors effective December 2, 2024. Tien will serve on the Board's Nominating and Corporate Governance Committee, expanding the board from eleven to twelve members. He brings extensive experience from government, military, and corporate sectors, including roles at DHS, Citigroup, and three presidential administrations. Currently, Tien serves as a distinguished professor at Georgia Institute of Technology and senior fellow at Harvard Kennedy School. He holds degrees from West Point, Oxford University as a Rhodes Scholar, and completed a National Security Fellowship at Harvard Kennedy School.

SAIC ha nominato John K. Tien, Jr., un veterano dell'Esercito degli Stati Uniti e ex Sottosegretario per la Sicurezza Nazionale, nel suo Consiglio di Amministrazione con decorrenza dal 2 dicembre 2024. Tien farà parte del Comitato per la Nomina e la Governance Aziendale del Consiglio, portando il numero dei membri da undici a dodici. Porta con sé una vasta esperienza nei settori governativo, militare e aziendale, inclusi ruoli presso il DHS, Citigroup e tre amministrazioni presidenziali. Attualmente, Tien è professore distintivo presso il Georgia Institute of Technology e senior fellow presso la Harvard Kennedy School. Ha conseguito lauree presso West Point, all'Università di Oxford come Rhodes Scholar, e ha completato un National Security Fellowship presso la Harvard Kennedy School.

SAIC ha nombrado a John K. Tien, Jr., un veterano del Ejército de los EE. UU. y ex Subsecretario de Seguridad Nacional, para su Junta Directiva, con efecto a partir del 2 de diciembre de 2024. Tien será miembro del Comité de Nominaciones y Gobernanza Corporativa de la Junta, ampliando la junta de once a doce miembros. Aporta una amplia experiencia de los sectores gubernamental, militar y corporativo, incluyendo roles en DHS, Citigroup y tres administraciones presidenciales. Actualmente, Tien es profesor distinguido en el Georgia Institute of Technology y senior fellow en la Harvard Kennedy School. Tiene títulos de West Point, de la Universidad de Oxford como Rhodes Scholar, y completó una Beca de Seguridad Nacional en la Harvard Kennedy School.

SAIC는 미국 육군 퇴역군인인 존 K. 티엔 주니어를 다음 달 2024년 12월 2일부터 이사로 임명했습니다. 티엔은 이사회의 추천 및 기업 거버넌스 위원회에서 활동하며 이사 수를 11명에서 12명으로 늘립니다. 그는 DHS, 시티그룹 및 세 개의 대통령 행정부에서의 역할을 포함하여 정부, 군대 및 기업 부문에서 광범위한 경험을 가지고 있습니다. 현재 티엔은 조지아 공과대학교에서 저명한 교수로 재직 중이며 하버드 케네디 스쿨의 선임 펠로우로도 활동하고 있습니다. 그는 웨스트 포인트, 로드스 장학생으로서의 옥스포드 대학교에서 학위를 받았으며 하버드 케네디 스쿨에서 국가안보 펠로우십을 완료했습니다.

SAIC a nommé John K. Tien, Jr., un vétéran de l'armée américaine et ancien sous-secrétaire à la sécurité intérieure, au sein de son conseil d'administration à partir du 2 décembre 2024. Tien siégera au comité de nomination et de gouvernance d'entreprise du conseil, augmentant le nombre de membres de onze à douze. Il apporte une vaste expérience des secteurs gouvernemental, militaire et corporate, y compris des rôles au DHS, à Citigroup et dans trois administrations présidentielles. Actuellement, Tien est professeur distingué à l'Institut de technologie de Georgie et chercheur senior à la Harvard Kennedy School. Il est titulaire de diplômes de West Point, de l'Université d'Oxford en tant que Rhodes Scholar, et a complété une bourse en sécurité nationale à la Harvard Kennedy School.

SAIC hat John K. Tien, Jr., einen Veteranen der US-Armee und ehemaligen stellvertretenden Minister für Innere Sicherheit, mit Wirkung zum 2. Dezember 2024 in seinen Vorstand berufen. Tien wird im Nominierungs- und Corporate Governance-Ausschuss des Vorstands tätig sein, wodurch die Anzahl der Mitglieder von elf auf zwölf erhöht wird. Er bringt umfangreiche Erfahrungen aus den Bereichen Regierung, Militär und Wirtschaft mit, einschließlich Rollen bei DHS, Citigroup und drei Präsidentschaftsverwaltungen. Derzeit ist Tien als distingierter Professor am Georgia Institute of Technology und als Senior Fellow an der Harvard Kennedy School tätig. Er hat Abschlüsse von West Point, der Universität von Oxford als Rhodes Scholar, und hat ein National Security Fellowship an der Harvard Kennedy School abgeschlossen.

Positive
  • Addition of board member with extensive government and military experience, potentially strengthening SAIC's position in government contracting
  • Expansion of board expertise with appointment to Nominating and Corporate Governance Committee
Negative
  • None.

RESTON, Va., Nov. 22, 2024 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ: SAIC) today announced the appointment of U.S. Army veteran and former Deputy Secretary of the U.S. Department of Homeland Security, John K. Tien, Jr., to its Board of Directors, effective December 2, 2024. Tien has extensive background across government, military, private and public sectors, and will bring that expertise to his board position at SAIC. Mr. Tien has been appointed to serve on the Board’s Nominating and Corporate Governance Committee and this increases SAIC’s Board from eleven to twelve members.

"We are excited to welcome John Tien to the Board of Directors at SAIC,” said Donna Morea, SAIC Board Chair. “Having held top leadership positions within government agencies, military and corporate organizations, he brings invaluable knowledge and understanding of SAIC’s industry. His rich depth of experience will help further the company’s goals as we execute on our enterprise growth strategy.”

Tien currently holds positions as a distinguished professor of the practice and external fellow at the Georgia Institute of Technology and as senior fellow at the Harvard Kennedy School. Tien previously served as the Senate confirmed Deputy Secretary of the U.S. Department of Homeland Security (DHS) from June 2021 to July 2023. Prior to serving at DHS, Tien was a senior executive at Citigroup for a decade, serving in chief operating officer roles. He also served in three other presidential Administrations in leadership roles as an active-duty U.S. Army officer in seven different U.S. states, three countries and three combat tours.

Tien holds a Bachelor of Science in Civil Engineering from the United States Military Academy at West Point, a Master of Arts from Oxford University where he was a Rhodes Scholar and he was a National Security Fellow at the Harvard Kennedy School. He also sits on the Board of Directors at Union Pacific Railroad, the Carter Presidential Center board of councilors and the Avalon Action Alliance.

About SAIC
SAIC is a premier Fortune 500 technology integrator focused on advancing the power of technology and innovation to serve and protect our world. Our robust portfolio of offerings across the defense, space, civilian and intelligence markets includes secure high-end solutions in mission IT, enterprise IT, engineering services and professional services. We integrate emerging technology, rapidly and securely, into mission critical operations that modernize and enable critical national imperatives.

We are approximately 24,000 strong; driven by mission, united by purpose, and inspired by opportunities. SAIC is an Equal Opportunity Employer, fostering a culture of diversity, equity and inclusion, which is core to our values and important to attract and retain exceptional talent. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $7.4 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.

Forward-Looking Statements
Certain statements in this release contain or are based on “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “guidance,” and similar words or phrases. Forward-looking statements in this release may include, among others, estimates of future revenues, operating income, earnings, earnings per share, charges, total contract value, backlog, outstanding shares and cash flows, as well as statements about future dividends, share repurchases and other capital deployment plans. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Legal Proceedings” sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the SEC, which may be viewed or obtained through the Investor Relations section of our website at saic.com or on the SEC’s website at sec.gov. Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC’s expectations. SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.

Media Contact:
Kara Ross
703.362.6046 | kara.g.ross@saic.com


FAQ

When will John K. Tien, Jr. join SAIC's Board of Directors?

John K. Tien, Jr. will join SAIC's Board of Directors effective December 2, 2024.

What is John K. Tien's previous government experience before joining SAIC's board?

Tien served as Deputy Secretary of the U.S. Department of Homeland Security from June 2021 to July 2023, and held leadership roles in three presidential administrations as an active-duty U.S. Army officer.

How many members will SAIC's board have after Tien's appointment?

After Tien's appointment, SAIC's board will increase from eleven to twelve members.

Which committee will John K. Tien serve on SAIC's board?

Tien will serve on SAIC's Board's Nominating and Corporate Governance Committee.

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