SAIC (SAI) Announces CEO Succession: Names Havenstein to Fill Spot
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SAIC, Inc. (NYSE: SAI) announced today that Ken Dahlberg, the company's chairman and CEO, has advised the board of directors that, consistent with the company's mandatory retirement policy for executive officers, he will step down as CEO on September 20, 2009. Dahlberg will continue with the company as chairman of the board through the Annual Meeting of Stockholders in June 2010.
The board of directors also formally approved a succession plan for the position of CEO. The board announced that Walter Havenstein, former president and CEO of BAE Systems Inc., will become CEO on September 21, 2009. He will also become a member of SAIC's board of directors.
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