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Donna Morea to Succeed Edward Sanderson as SAIC Board Chair; Tony Moraco Quoted


Donna Morea

Donna Morea, a director of Science Applications International Corp. (NYSE: SAIC) since 2013, has been appointed to serve as chairman of the board of directors at the Reston, Va.-based government information technology services contractor once its $2.5B all-stock acquisition of Engility (NYSE: EGL) closes in January.

SAIC said Wednesday Morea will succeed Edward Sanderson, who will remain with the company as an independent board member.

She previously led CGI Group‘s technology and solutions subsidiary as president from 2004 to 2011 and currently serves on SunTrust Banks‘ board as well as a trustee at Inova Health System.

Tony Moraco

Tony Moraco, SAIC CEO, said Morea has played a role in the firm’s performance over the past five years, particularly during the fall 2013 split from its former parent company — now called Leidos (NYSE: LDOS).

“As we look to the future and expand through both organic growth and acquisition, we are fortunate to benefit from the caliber of proven industry and leadership experience Donna provides,” Moraco added.

SAIC announced earlier this month that David Kerko, a consultant at investment firm KKR & Co., and retired U.S. Army acquisition chief Katrina McFarland will serve as board members after closing of the Engility buy.

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