Booz Allen Hamilton (NYSE: BAH) appoints new CFO and elevates president
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Booz Allen Hamilton Holding Corporation is reshaping its leadership team. The Board appointed Troy Lahr as Executive Vice President and Chief Financial Officer, effective May 4, 2026. His package includes an $825,000 base salary, a target $825,000 annual cash bonus, and a $2,000,000 annual equity grant split between performance-based and time-based RSUs, plus a $250,000 cash sign-on bonus and a $3,000,000 time-based RSU new-hire grant.
Chief Operating Officer Kristine Martin Anderson will become President effective May 1, 2026 and will cease serving as Interim CFO. Leadership changes also include Shannon Fitzgerald becoming President of the Civil Sector and Richard Crowe becoming Chief Growth Officer. Booz Allen reports approximately 31,600 employees globally and $12.0 billion in revenue for the 12 months ended March 31, 2025.
Positive
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8-K Event Classification
3 items: 5.02, 7.01, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
CFO base salary: $825,000
CFO target annual bonus: $825,000
CFO annual equity grant: $2,000,000
+4 more
7 metrics
CFO base salary
$825,000
Annual base salary for Troy Lahr as CFO
CFO target annual bonus
$825,000
Target annual cash bonus under senior executive program
CFO annual equity grant
$2,000,000
Target annual equity grant value in RSUs
CFO cash sign-on bonus
$250,000
One-time cash sign-on bonus for Troy Lahr
CFO new-hire equity grant
$3,000,000
Grant date fair value of time-based RSUs vesting in 2027 and 2028
Revenue
$12.0 billion
Revenue for 12 months ended March 31, 2025
Employee headcount
31,600 people
Approximate global employees as of December 31, 2025
Key Terms
performance-based restricted stock units, time-based RSUs, Change in Control, Regulation FD Disclosure, +1 more
5 terms
performance-based restricted stock units financial
"60% of which shall consist of performance-based restricted stock units"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
time-based RSUs financial
"40% of which shall consist of time-based RSUs"
Change in Control regulatory
"without Cause (other than in connection with a Change in Control"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Regulation FD Disclosure regulatory
"Item 7.01 Regulation FD Disclosure."
Regulation FD disclosure requires public companies to share important, market-moving information with everyone at the same time instead of tipping off analysts or large investors first. Think of it as making sure all players on a field hear the same announcement simultaneously; that fairness helps investors trust that stock prices reflect the same information and reduces the risk of sudden, unfair trading advantages or regulatory penalties for selective leaks.
Equity Incentive Plan financial
"the terms and conditions of the Company's 2023 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
___________________________________
FORM 8-K
___________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 27, 2026 (April 21, 2026 )
___________________________________
(Exact name of Registrant as specified in its charter)
___________________________________
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||||||||
| (Address of principal executive offices) | (Zip Code) | |||||||||||||||||||
Registrant’s telephone number, including area code: (703) 902-5000
___________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading Symbol | Name of Each Exchange on Which Registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of Chief Financial Officer
On April 21, 2026, the Board of Directors (the "Board") of Booz Allen Hamilton Holding Corporation (the "Company") appointed Troy Lahr as Executive Vice President and Chief Financial Officer (Principal Financial Officer) of the Company, effective May 4, 2026.
Mr. Lahr, age 52, previously served as Senior Vice President and Chief Financial Officer at Sierra Space. Prior to joining Sierra Space, Mr. Lahr spent approximately ten years at Boeing (NYSE: BA) serving in roles of increasing responsibility, most recently serving as Chief Financial Officer for Boeing's Defense, Space & Security business. Prior to joining Boeing, Mr. Lahr spent twelve years at Stifel Financial Corporation as an equity analyst researching the aerospace & defense industry. Mr. Lahr holds a bachelor’s degree from the University of Maryland Baltimore County and a master’s degree in finance from Loyola University.
In connection with Mr. Lahr's appointment to Executive Vice President and Chief Financial Officer, the Compensation, Culture and People Committee (the "Committee") of the Board has approved (i) an annual base salary of $825,000, (ii) a target annual cash bonus of $825,000, which shall be determined in accordance with the Company’s bonus program for senior executives, and (iii) a target annual equity grant value of $2,000,000, 60% of which shall consist of performance-based restricted stock units (“RSUs”) and 40% of which shall consist of time-based RSUs, and such annual base salary and target annual cash bonus shall be pro-rated based on Mr. Lahr's start date of May 4, 2026. In addition, as a replacement for forfeited compensation from his prior employer, Mr. Lahr shall be eligible to receive a one-time cash sign-on bonus of $250,000 and a one-time new hire equity grant consisting of 100% time-based RSUs, with a grant date fair value of $3,000,000, which shall vest in two equal installments on each of May 31, 2027 and May 31, 2028, subject to Mr. Lahr's continued employment through each applicable vesting date, and the terms and conditions of the Company's 2023 Equity Incentive Plan and the applicable award agreement. In the event Mr. Lahr is terminated by the Company without Cause (other than in connection with a Change in Control, as such capitalized terms are defined in the 2023 Equity Incentive Plan of the Company), and the Committee does not grant a waiver of the forfeiture provisions applicable to such new hire equity grant, the Company has agreed that Mr. Lahr shall be eligible for a cash payment equal to the grant date fair value of the portion of the new hire equity grant that has not vested as of the termination date.
Mr. Lahr has no family relationships with any of our directors or executive officers. There are no relationships between the Company or its subsidiaries, on one hand, and Mr. Lahr, on the other hand, that would require disclosure pursuant to Item 404(a) of Regulation S-K, and there are no arrangements or understanding between Mr. Lahr and any other person pursuant to which he was appointed as Chief Financial Officer (Principal Financial Officer) of the Company.
In connection with and effective as of Mr. Lahr's appointment as Chief Financial Officer, Kristine Martin Anderson, the Company's Executive Vice President, Chief Operating Officer, and Interim Chief Financial Officer, will no longer serve as Interim Chief Financial Officer and Principal Financial Officer.
Leadership Team Updates
On April 21, 2026, the Board of Directors of the Company appointed Kristine Martin Anderson, the Company's Chief Operating Officer, to the additional role of President, effective May 1, 2026. Ms. Anderson will continue to report to Horacio Rozanski, who shall remain Chairman and Chief Executive Officer of the Company. Ms. Anderson has no family relationships with any of our directors or executive officers. There are no relationships between the Company or its subsidiaries, on one hand, and Ms. Anderson on the other hand, that would require disclosure pursuant to Item 404(a) of Regulation S-K, and there are no arrangements or understanding between Ms. Anderson and any other person pursuant to which she was appointed as President of the Company.
The information regarding Ms. Anderson’s compensation and biographical information set forth under the headings “Executive Compensation” and “Information about our Executive Officers”, respectively, in the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2025, filed with the SEC on May 23, 2025, is incorporated by reference herein.
Additionally, the Company is announcing role changes within the Leadership Team. Effective May 1, 2026, Shannon Fitzgerald, the Company's Executive Vice President and Chief Strategy Officer, will be promoted to President of the Civil
Sector. Richard Crowe, the Company's Executive Vice President and President of the Civil Sector, will serve as Chief Growth Officer.
Item 7.01 Regulation FD Disclosure.
A copy of the Company's press release announcing Mr. Lahr's appointment is attached hereto as Exhibit 99.1. Exhibit 99.1 shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in any such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | |||||||
99.1 | Press Release dated April 27, 2026. | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Booz Allen Hamilton Holding Corporation | |||||
| BY: | /s/ Jacob D. Bernstein | ||||
| Jacob D. Bernstein | |||||
| Vice President, Deputy General Counsel & Secretary | |||||
Date: April 27, 2026
Booz Allen Hamilton Appoints Troy Lahr Chief Financial Officer; Names Kristine Martin Anderson President MCLEAN, Virginia – April 27, 2026 – Booz Allen Hamilton (NYSE: BAH) today announced senior leadership appointments that strengthen the company’s position as an advanced technology provider for U.S. federal and global commercial markets. Effective May 4, 2026, Troy Lahr has been appointed Executive Vice President and Chief Financial Officer. Lahr brings more than 25 years of financial and business leadership experience for both commercial tech and defense companies. As CFO he will oversee the company’s fiscal performance, capital structure, M&A, and related financial operations, reporting directly to Chairman of the Board and Chief Executive Officer Horacio Rozanski. Lahr was most recently CFO at Sierra Space, where he led the company’s financial strategy and performance including accounting and reporting, controllership, financial planning and analysis, tax, and treasury. Prior to that, he was CFO of Boeing’s $27 billion Defense, Space & Security business, following roles of increasing responsibility across the company including head of corporate investor relations, controller, and senior manager of mergers and acquisitions. Lahr began his career with more than a decade in investment banking as an aerospace and defense equity analyst for Stifel. “Troy’s deep and differentiated experience helps position Booz Allen for accelerated growth and bold transformation,” said Rozanski. “His success driving performance across large portfolios and leading through change will be a powerful asset as we work together to advance our next chapter.” Effective May 1, 2026, Chief Operating Officer Kristine Martin Anderson will assume the additional position of President. Anderson, who has also been acting CFO since February 2026, will continue to report to Rozanski. “Kristine is the driving force in executing Booz Allen’s growth strategy and leading operations as we accelerate our technology transformation,” said Rozanski. “This position reflects her success as COO and her leadership across our entire business. I look forward to continuing to partner with her as we advance our strategic priorities and build the future of Booz Allen.” Anderson has been a leader at Booz Allen for 20 years and became COO in 2022. She previously led the company’s Civil Sector business with a focus on modernizing and transforming missions across U.S. federal civilian departments and agencies, following other senior positions driving growth and innovation.
Also effective May 1, 2026, Executive Vice President and Chief Strategy Officer Shannon Fitzgerald will be promoted to President of the Civil Sector. Richard Crowe, Executive Vice President and President of the Civil Sector, has been appointed Chief Growth Officer. About Booz Allen Hamilton Booz Allen is the advanced technology company delivering outcomes with speed for America’s most critical defense, civil, and national security priorities. We build technology solutions using AI, cyber, and other cutting-edge technologies to advance and protect the nation and its citizens. By focusing on outcomes, we enable our people, customers, and their missions to succeed—accelerating the nation to realize our purpose: Empower People to Change the World®. With global headquarters in McLean, Virginia, our company employs approximately 31,600 people globally as of December 31, 2025, and had revenue of $12.0 billion for the 12 months ended March 31, 2025. To learn more, visit www.boozallen.com BAHPR-CO Contacts Media Relations: Jessica Klenk, Klenk_Jessica@bah.com Investor Relations: Investor_Relations@bah.com
FAQ
What leadership changes did Booz Allen Hamilton (BAH) announce in this 8-K?
Booz Allen Hamilton announced multiple leadership updates, including appointing Troy Lahr as Executive Vice President and Chief Financial Officer and naming Kristine Martin Anderson as President. The company also reassigned senior roles for Shannon Fitzgerald and Richard Crowe within the Civil Sector and growth organization.
Who is Booz Allen Hamilton’s new Chief Financial Officer and when does he start?
The new Chief Financial Officer is Troy Lahr, who becomes Executive Vice President and CFO effective May 4, 2026. He brings more than 25 years of financial and business leadership experience from Sierra Space, Boeing’s Defense, Space & Security business, and prior work as an aerospace and defense equity analyst.
What is the compensation package for Booz Allen Hamilton’s new CFO, Troy Lahr?
Troy Lahr’s package includes an $825,000 annual base salary, a target $825,000 annual cash bonus, and a $2,000,000 annual equity grant in RSUs. He will also receive a $250,000 cash sign-on bonus and a $3,000,000 time-based RSU new-hire equity grant vesting in two installments.
What new role is Kristine Martin Anderson assuming at Booz Allen Hamilton (BAH)?
Effective May 1, 2026, Chief Operating Officer Kristine Martin Anderson will also serve as President of Booz Allen Hamilton. She will no longer act as Interim Chief Financial Officer and will continue reporting to Chairman and Chief Executive Officer Horacio Rozanski in this expanded leadership capacity.
How did Booz Allen Hamilton adjust its Civil Sector and growth leadership?
Effective May 1, 2026, Shannon Fitzgerald, formerly Executive Vice President and Chief Strategy Officer, will become President of the Civil Sector. Richard Crowe, previously Executive Vice President and President of the Civil Sector, will transition to the role of Chief Growth Officer overseeing growth-focused initiatives and responsibilities.
What recent revenue and headcount figures did Booz Allen Hamilton disclose?
Booz Allen Hamilton reported revenue of $12.0 billion for the 12 months ended March 31, 2025. The company also stated that it employs approximately 31,600 people globally as of December 31, 2025, reflecting its scale as an advanced technology and consulting provider serving defense, civil, and national security missions.