: SAIC CEO to retire in October, Toni Townes-Whitley named new CEO


Government services and IT support company Science Applications International Corp. SAIC, +0.26% said late Thursday that Toni Townes-Whitley, who it called a 35-year global technology veteran, has been appointed as its new chief executive officer, effective Oct. 2. Townes-Whitley will also join SAIC’s board upon assuming the role. Townes-Whitley will succeed Nazzic S. Keene, who has decided to retire as CEO and from the SAIC board, also effective Oct. 2, the company said. Townes-Whitley will join SAIC on June 12 as CEO-elect to ensure a smooth transition, the company said. Shares of SAIC were flat in the extended session Thursday after edging higher in the regular trading day.

This article was originally published by Marketwatch.com. Read the original article here.

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