SAIC announces restructuring, longtime executive retirement
Reston company to operate with two business lines, Jim Scanlon retires
Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) announced Thursday it would restructure itself along two business lines as Jim Scanlon, a longtime leader with the company and current head of SAIC’s Defense Systems Group, prepares to retire in January.
Starting in the fiscal year fourth quarter, SAIC will operate under two lines of business, as of Oct. 31: defense and civilian, to be led by Sector President Bob Genter, and National Security and Space, to be led by Sector President Michael LaRouche. The restructuring will allow SAIC to “accelerate strategic growth priorities in areas such as digital engineering, digital transformation and space,” according to a company statement. Genter is currently the executive vice president and general manager of its civilian business and LaRouche is currently executive vice president and general manager of the company’s national security group.
After more than 30 years with SAIC, Scanlon, executive vice president and general manager of the current Defense Systems Group, will retire on Jan. 29, 2021, assisting the company’s transition and new organizational structure. He began his time with the company as a project engineer and started leading the defense systems division in 2017, having previously overseen SAIC’s Army business unit. He also played a major role in the company’s 2013 split from Leidos Holdings Inc.
“For more than three decades, Jim has been an important leader in shaping the SAIC we all know today. We wish him the best and thank him for all he has done for our customers, our people and our company,” SAIC CEO Nazzic Keene said in a statement. “With Jim’s retirement, we reevaluated our organizational structure, as we always look to best align with our business strategy and growth priorities.”
SAIC employs more than 25,000 people and has pro forma annual revenues of $7.1 billion.