RESTON, Va., May 4, 2021 /PRNewswire/ — Leidos (NYSE: LDOS), a FORTUNE 500® science and know-how chief, at present introduced the appointment of Christopher Cage as Chief Financial Officer, efficient July 5, 2021. Cage, who presently serves as Leidos’ SVP, Chief Accounting Officer, will succeed James Reagan, who introduced his deliberate retirement from the Company. Reagan will proceed as CFO till July 5, 2021, serving in an advisory capability by the top of the 12 months.
Cage joined the corporate in 1999 and has held finance roles of growing duty, together with as SVP, CFO of the earlier Health & Engineering division and as SVP, Operations Finance. He has in depth data of Leidos’ monetary group and every of our enterprise segments and expertise supporting its enterprise operations, mergers & acquisitions, accounting, treasury and investor relations capabilities. Cage additionally beforehand served as Director Financial Planning & Analysis. He has a bachelor’s diploma in accounting and an MBA from San Diego State University and is a licensed public accountant (inactive) within the state of California. He can be a graduate of the Harvard Business School Advanced Management Program.
“I am excited to advance our positive trajectory working more closely with Chris as our new CFO,” mentioned Leidos Chairman and CEO Roger Krone. “As demonstrated by today’s strong, first quarter financial results and growth momentum, we are well positioned to deliver on our business commitments and believe Chris brings the right skills to help drive Leidos forward on our current path of value creation. His financial experience and deep understanding of our business will align him and the Company for continued success.”
“I am honored to be appointed as CFO at this important time for Leidos,” mentioned Cage. “Jim has been a great mentor to me, and his expertise and leadership have been invaluable during my time at the Company. I look forward to working with Roger, the senior leadership team, and our deep and talented finance team as we continue to execute on our strategic and financial priorities focused on value-added growth and our commitments to all stakeholders.”
Krone continued, “On behalf of the entire board of directors and management team, I want to thank Jim for his outstanding service to Leidos, and his leadership over the past six years. During his tenure, Jim helped accelerate Leidos’ course of growth, strengthened our capital structure and led us through a period of significant total shareholder return at Leidos. We are grateful that he will continue on as an advisor through the end of the year, and wish him all the best in his retirement.”
“It is a pleasure to work alongside the talented team at Leidos and I am proud of the significant accomplishments we have achieved together,” mentioned Reagan. “With the Company’s strong financial position and exceptional team across the organization, I believe now is the right time to retire to spend more time with my family. I have worked closely with Chris since joining Leidos, and believe he is well-equipped to take this role. Leidos is well-positioned for the future, and I look forward to continuing to follow the team’s successes in my retirement.”
Carly Kimball, Assistant Corporate Controller, has been appointed to succeed Cage as SVP and Chief Accounting Officer. Carly brings over 20 years of expertise main massive groups and has in depth proficiency in accounting, auditing, monetary reporting, acquisitions and integrations, as nicely as enterprise operations. Prior to becoming a member of Leidos, she served as chief monetary officer of CACI Products Company Inc. and senior supervisor in Ernst & Young’s Aerospace and Defense audit observe.
Leidos is a Fortune 500® info know-how, engineering, and science options and providers chief working to resolve the world’s hardest challenges within the protection, intelligence, civil, and well being markets. The firm’s 39,000 workers assist important missions for presidency and industrial clients. Headquartered in Reston, Va., Leidos reported annual revenues of roughly $12.30 billion for the fiscal 12 months ended January 1, 2021. For extra info, go to www.Leidos.com.
Melissa Lee Dueñas
Peter M. Berl