leadership
confidence high
sentiment neutral
materiality 0.25
Leidos adds AT&T COO Jeff McElfresh to board, expanding to 11 directors
Leidos Holdings, Inc.
- Jeff McElfresh, AT&T's (NYSE: T) chief operating officer, elected to the Leidos board effective Oct. 1, 2026; board size increases from 10 to 11 members.
- McElfresh is independent under NYSE rules and will serve on the Corporate Governance and Ethics and Technology and Information Security committees.
- At AT&T, McElfresh oversees a $250 billion nationwide advanced connectivity infrastructure transformation and previously led AT&T cybersecurity, data management and labs.
- Compensation follows standard non-employee director arrangements described in the March 19, 2026 proxy; no Item 404(a) related-party transactions or side arrangements disclosed.
- CEO Tom Bell and Board Chair Bob Shapard cite his technology and infrastructure experience as supporting the NorthStar 2030 growth strategy.