Prior Steps Down As COO Of SAIC
June 8, 2009 (FinancialWire) — Lawrence B. Prior has resigned as chief operating officer of SAIC, Inc. (NYSE: SAI), effective June 12. The company’s chairman and chief executive officer, Ken Dahlberg, will assume COO duties pending a decision on a successor for prior.
Prior joined SAIC in 2004. Before being appointed COO in 2007, he served as president of SAIC’s intelligence, security and technology group and senior vice president for federal business.
San Diego-based SAIC is a scientific, engineering, and technology applications company whose roughly 45,000 employees serve customers in the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and various commercial markets.
SAIC posted annual revenues of $10.1 billion for its fiscal year ended January 31.
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