Close this Advertisement




Share

Havenstein to step down at SAIC

CEO will retire next June

  • By David Hubler
  • Oct 03, 2011

Walt Havenstein will retire as CEO of Science Applications International Corp., effective June 15, 2012.

A company statement released on Oct. 3. said Havenstein was leaving for personal reasons.

"The board of directors will conduct a thorough and thoughtful search for a successor, considering internal and external candidates," Havenstein said. "The transition plan we have adopted will allow me to participate in the selection and we will assure a smooth transition."

"It is an honor to work with you and be associated with the great work you do for our customers and the nation. I am proud of our senior management, our line organization leaders and all of our colleagues,” Havenstein said in a message sent to employees, the announcement said.

“We have accomplished a great deal together and we will continue that record of accomplishment. In the years I have been with SAIC, we have put a strategy in place for the future, and we have structured a more agile, line-driven company to execute that strategy. You have given me every confidence that we will succeed," he said.

"We are pleased that Walt will continue as CEO as we implement an orderly and constructive transition," Chairman of the Board A. Thomas Young said in the announcement.

Havenstein joined SAIC after more than 25 years of industry leadership, including serving as president and CEO of BAE Systems Inc.

SAIC, of McLean, Va., ranks No. 6 on Washington Technology’s 2011 Top 100 list of the largest federal government contractors.

About the Author

David Hubler is the former print managing editor for GCN and senior editor for Washington Technology. He is freelance writer living in Annandale, Va.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above
SEARCH

Trending

Webcasts

  • How Do You Support the Project Lifecycle?

    How do best-in-class project-based companies create and actively mature successful organizations? They find the right mix of people, processes and tools that enable them to effectively manage the project lifecycle. REGISTER for this webinar to hear how properly managing the cycle of capture, bid, accounting, execution, IPM and analysis will allow you to better manage your programs to stay on scope, schedule and budget. Learn More!

  • Surviving Lowest Price Technically Acceptable IT Projects: Maximize your Returns and Customer Satisfaction Ratings

    Register for this FREE exclusive roundtable webcast to hear from Nick Wakeman, Editor of Washington Technology, Shamun Mahmud, Cloud Security Architect, DLT Solutions and Paul McCloskey, Federal Alliances Leader, SolarWinds, and they discuss the different approaches on how you can deliver low cost, technically excellent, better value solutions to meet the fiscal and technology needs of today’s government, while still maximizing your returns on your LPTA IT projects. Learn More!