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Get filing alertsSAIC's Civilian Business Group EVP steps down amid internal reorganization
Filed June 1, 2026 · Period ending May 27, 2026 · ~1 min read
Key Changes
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Srinivas Attili, Executive VP leading the Civilian Business Group, stepped down May 29, 2026 and will fully depart June 12, 2026 as part of an internal reorganization. The Civilian segment represents a significant portion of SAIC's government contracting revenue.
Item 5.02 verify on EDGAR → -
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Attili will receive standard severance under the company's executive policy in exchange for a claims release and two-year non-compete agreement, limiting his ability to join competitors through mid-2028.
Item 5.02 verify on EDGAR →
Summary
Science Applications International Corp disclosed that Srinivas Attili, who led its Civilian Business Group as Executive Vice President, stepped down from his role effective May 29, 2026. The departure is tied to an internal reorganization, though the company provided no details about the nature of the restructuring or who will assume leadership of the civilian operations. For retail investors, executive departures in key business segments can signal strategic shifts or operational challenges, though reorganizations are common in large government contractors adapting to changing federal priorities.
The two-year non-compete suggests SAIC wants to protect relationships and competitive positioning in the civilian government market. Watch for SAIC's next earnings call or investor presentation for clarity on the reorganization's scope, whether it affects the Civilian segment's growth trajectory, and who will lead this business unit going forward. Any commentary on pipeline or contract wins in civilian agencies would indicate business continuity.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
Srinivas Attili, Executive Vice President, Civilian Business Group, stepped down from his role effective May 29, 2026 and will depart from the Company on or about June 12, 2026.
The company disclosed that Srinivas Attili, who led the Civilian Business Group as Executive Vice President, stepped down from his role on May 29, 2026 and will fully depart the company around June 12, 2026. This departure is described as occurring in connection with an internal reorganization.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
Following his departure from the Company, Mr. Attili will receive certain severance compensation pursuant to Section 5 of the Company’s Executive Severance, Change in Control and Retirement Policy, in exchange for the execution and non-revocation of a release of claims against the Company and a two-year post-employment non-compete obligation.
The departing executive will receive severance compensation under the company's existing executive severance policy. In exchange, he must sign and not revoke a release of claims and agree to a two-year non-compete restriction after leaving the company.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 1, 2026 · How we verify