---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-148120"
form_type: "8-K"
ticker: "SAIC"
cik: "0001571123"
company_name: "Science Applications International Corp"
filed_at: "2023-05-18T23:59:59+00:00"
generated_at: "2026-06-14T21:15:13.597589+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CEO Nazzic Keene to retire Oct 2, 2023; Toni Townes-Whitley named successor

## Summary
- Townes-Whitley joins SAIC as CEO-elect on June 12 and becomes CEO Oct 2, also joining the Board.
- Keene receives $1.25M transition payment plus continued salary and benefits through Feb 2, 2024.
- Townes-Whitley's FY2024 compensation: $1.2M base salary, 140% STI target, $6.35M in LTI awards.
- Townes-Whitley previously led Microsoft's U.S. Regulated Industries, managing ~$16B revenue and 5,200 staff.
- Under Keene, SAIC grew GTAs to ~30% of revenue and shares outperformed Russell 1000 Value Index since 2020.

## SEC filing metadata
- accession: 0001193125-23-148120
- form_type: 8-K
- ticker: SAIC
- cik: 0001571123
- company_name: Science Applications International Corp
- filed_at: 2023-05-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1571123/000119312523148120/0001193125-23-148120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1571123/000119312523148120/d498908d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-148120
- JSON: https://secwatch.observer/filing/0001193125-23-148120.json
- Plain text: https://secwatch.observer/filing/0001193125-23-148120.txt

## Key facts
- Executive change
  Toni Townes-Whitley was appointed as Chief Executive Officer at Science Applications International Corp.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: On May 15, 2023, Toni Townes-Whitley was appointed as CEO-elect of the Company, effective as of June 12, 2023, and was appointed to succeed Ms. Keene as Chief Executive Officer of the Company effective as of the Effective Date and as a member of the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1571123/000119312523148120/0001193125-23-148120-index.htm
- Executive change
  Nazzic S. Keene retired as Chief Executive Officer at Science Applications International Corp.
  - Action: retired
  - Role: Chief Executive Officer
  source text: On May 18, 2023, Science Applications International Corporation (the “Company”) announced the retirement of Nazzic S. Keene as Chief Executive Officer of the Company, effective as of October 2, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1571123/000119312523148120/0001193125-23-148120-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.