SAIC CFO announces retirement

Charles A. Mathis to leave the Reston-based defense contractor in early 2021

Published August 14, 2020 by Sydney Lake

Reston-based defense contractor Science Applications International Corp. (SAIC) announced Friday that Chief Financial Officer Charles A. Mathis will retire on Jan. 29, 2021.

Mathis joined the company in November 2016 as executive vice president and CFO. He will remain with the company through fiscal year 2021, while the company searches for a successor.

“We are grateful for Charlie’s leadership over these last four years as we have transformed from a $4.5 billion company to the $7.1 billion company we are today,” SAIC CEO Nazzic Keene said in a statement. “Charlie’s experience and financial acumen were critical success drivers during our two recent acquisitions, positioning SAIC as a market leader. We wish him all the best during his retirement.”

SAIC completed its $1.2 billion cash acquisition of Reston-based Unisys Federal in March. And in January, SAIC acquired Chantilly-based Engility in a $2.5 billion all-stock deal.

Before his time with SAIC, Mathis worked with Greensville, South Carolina-based tech company ScanSource Inc., where he was also CFO and an executive vice president. He also previously served as CFO of both Falls Church-based Force Protection Inc. (which was acquired by General Dynamics Corp.) and of EFW Inc., a subsidiary of Fort Worth, Texas-based Elbit Systems Inc.

SAIC is a Fortune 500 company that employs more than 25,000 people and has pro forma annual revenues of $7.1 billion.