---
schema_version: "secwatch.filing_event.v1"
accession: "0001833756-26-000002"
form_type: "8-K"
ticker: "DRS"
cik: "0001833756"
company_name: "Leonardo DRS, Inc."
filed_at: "2026-01-06T23:59:59+00:00"
generated_at: "2026-05-16T11:33:23.776203+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Leonardo DRS appoints Sally Wallace as COO effective Jan 1, 2026

## Summary
- Sally Wallace, 20-year DRS veteran, succeeds John Baylouny as COO; Baylouny became CEO on Jan 1.
- Base salary of $540,000; annual target cash bonus 70% of base salary for 2026.
- Target equity award of $700,000 under 2022 Omnibus Equity Plan, 45% RSUs and 55% PRSUs.
- Wallace previously served as EVP, Business Operations since 2016; led C4ISR Group from 2014-2016.

## SEC filing metadata
- accession: 0001833756-26-000002
- form_type: 8-K
- ticker: DRS
- cik: 0001833756
- company_name: Leonardo DRS, Inc.
- filed_at: 2026-01-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1833756/000183375626000002/0001833756-26-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1833756/000183375626000002/drs-20260106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001833756-26-000002
- JSON: https://secwatch.observer/filing/0001833756-26-000002.json
- Plain text: https://secwatch.observer/filing/0001833756-26-000002.txt

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