RESTON, Va., Nov. 22, 2024 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ:SAIC) today announced the appointment of U.S. Army veteran and former Deputy Secretary of the U.S. Department of Homeland Security, John K. Tien, Jr., to its Board of Directors, effective December 2, 2024. Tien has extensive background across government, military, private and public sectors, and will bring that expertise to his board position at SAIC. Mr. Tien has been appointed to serve on the Board's Nominating and Corporate Governance Committee and this increases SAIC's Board from eleven to twelve members.
"We are excited to welcome John Tien to the Board of Directors at SAIC," said Donna Morea, SAIC Board Chair. "Having held top leadership positions within government agencies, military and corporate organizations, he brings invaluable knowledge and understanding of SAIC's industry. His rich depth of experience will help further the company's goals as we execute on our enterprise growth strategy."
Tien currently holds positions as a distinguished professor of the practice and external fellow at the Georgia Institute of Technology and as senior fellow at the Harvard Kennedy School. Tien previously served as the Senate confirmed Deputy Secretary of the U.S. Department of Homeland Security (DHS) from June 2021 to July 2023. Prior to serving at DHS, Tien was a senior executive at Citigroup for a decade, serving in chief operating officer roles. He also served in three other presidential Administrations in leadership roles as an active-duty U.S. Army officer in seven different U.S. states, three countries and three combat tours.
Tien holds a Bachelor of Science in Civil Engineering from the United States Military Academy at West Point, a Master of Arts from Oxford University where he was a Rhodes Scholar and he was a National Security Fellow at the Harvard Kennedy School. He also sits on the Board of Directors at Union Pacific Railroad, the Carter Presidential Center board of councilors and the Avalon Action Alliance.
About SAIC
SAIC is a premier Fortune 500 technology integrator focused on advancing the power of technology and innovation to serve and protect our world. Our robust portfolio of offerings across the defense, space, civilian and intelligence markets includes secure high-end solutions in mission IT, enterprise IT, engineering services and professional services. We integrate emerging technology, rapidly and securely, into mission critical operations that modernize and enable critical national imperatives.
We are approximately 24,000 strong; driven by mission, united by purpose, and inspired by opportunities. SAIC is an Equal Opportunity Employer, fostering a culture of diversity, equity and inclusion, which is core to our values and important to attract and retain exceptional talent. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $7.4 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.
Forward-Looking Statements
Certain statements in this release contain or are based on "forward-looking" information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as "expects," "intends," "plans," "anticipates," "believes," "estimates," "guidance," and similar words or phrases. Forward-looking statements in this release may include, among others, estimates of future revenues, operating income, earnings, earnings per share, charges, total contract value, backlog, outstanding shares and cash flows, as well as statements about future dividends, share repurchases and other capital deployment plans. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Legal Proceedings" sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the SEC, which may be viewed or obtained through the Investor Relations section of our website at saic.com or on the SEC's website at sec.gov. Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC's expectations. SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.
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