secwatch.observer — SEC 8-K summary
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Issuer:     Science Applications International Corp (SAIC)
CIK:        0001571123
Form:       8-K
Filed at:   2023-12-11T23:59:59+00:00
Accession:  0001193125-23-292550
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SAIC reorganizes into five business groups; two presidents depart effective Feb 2, 2024
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- Current Defense & Civilian and National Security & Space sectors replaced by five groups: Army, Navy, Air Force/Combatant Commands, Space/Intelligence, and Civilian.
- Presidents Bob Genter and Michael LaRouche to depart Feb 2, 2024; will receive severance under company policy.
- Four SVP promotions to EVP leading new groups: Josh Jackson (Army), Barbara Supplee (Navy), Vinnie DiFronzo (Air Force/Combatant Commands), David Ray (Space/Intelligence).
- External search underway for Civilian business group leader; CEO cites focus on organic growth and central business development.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571123/000119312523292550/0001193125-23-292550-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571123/000119312523292550/d913699d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-292550

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer