SAIC appoints James Reagan Interim CEO, reaffirms FY2026 guidance after CEO departure

Science Applications International Corp

James Reagan appointed Interim CEO effective Oct 23, 2025; he served as a board member since Jan 2023.
Toni Townes-Whitley stepped down as CEO and board member; separation without cause triggers severance benefits.
Reagan's compensation: $1.2M base salary, 150% bonus target, $2M in restricted stock units.
Board reduced from 12 to 11 directors; permanent CEO search initiated with executive search firm.
FY2026 guidance reaffirmed (originally Sept 4, 2025); potential federal shutdown could affect achievement.

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