FALLS CHURCH, Va., June 23, 2016 /PRNewswire/ -- Mike Lawrie
today announced that he will resign as chairman and as a member of
the board of directors of CSRA Inc. (NYSE: CSRA), a leading
provider of next-generation IT solutions and professional services
to government organizations.
Lawrie's resignation from the CSRA board will be effective with
company's annual meeting on Aug. 9,
2016. Nancy Killefer, who
currently serves as CSRA's Lead Independent Director, has been
elected to succeed Lawrie, pending her reelection to the board of
directors at the annual meeting.
Lawrie also serves as chairman, president and CEO of CSC (NYSE:
CSC), a global leader in next-generation IT services and solutions
for commercial clients.
"With CSRA having completed two successful quarters as a newly
minted company – and in light of CSC's intent to merge with the
Enterprise Services unit of Hewlett Packard Enterprise, which
itself has a very significant U.S. public sector business – I feel
it is the right time to pass the baton to Larry Prior and the other members of the CSRA
board," Lawrie said. "I am pleased that over the past four years we
returned CSC's North American Public Sector (NPS) business to
profitability and success. Last November we were able to merge the
NPS business with SRA International to create CSRA, now the leading
IT services provider to the U.S. federal government.
"In creating CSRA we put together a strong leadership team, and
I have enjoyed working with them and with the board of directors,"
Lawrie continued. "I am proud of what's been accomplished, and I am
confident that CSRA's best days are ahead. I wish them well."
Killefer is Director Emeritus at McKinsey & Company, Inc., a
global management consulting firm. She previously served as
Assistant Secretary for Management and Chief Financial Officer to
the U.S. Department of Treasury. She currently serves as Vice Chair
on the Defense Business Board and is a member of the MyVA Advisory
Committee. Killefer is a Director of the Advisory Board Company,
Avon Products Inc. and Cardinal Health, Inc.
"I look forward to working with Nancy as Chair," said
Larry Prior, CSRA President and CEO.
"Her combination of senior level management experience, public
company governance experience, and government and public policy
experience will be a huge asset for CSRA as we continue our journey
toward becoming the leader in transforming government through next
generation IT. I want to thank Mike for his leadership and vision
in creating CSRA and setting us on our current path. He has been an
important mentor to me and instrumental to making CSRA the leading
IT service provider to government."
"I am excited for the opportunity to chair CSRA's outstanding
board of directors," said Killefer. "Our entire board is committed
to strong corporate governance and sustaining the momentum that we
have built in our first six months as a public company. I have
enjoyed working with Mike over the past three years and thank him
for his many contributions. I sincerely believe that CSRA is well
positioned to grow and lead, delivering a compelling value
proposition to all stakeholders."
About CSRA Inc.
Every day CSRA (NYSE: CSRA) makes a difference in how the
government serves our country and our citizens. We deliver a broad
range of innovative, cloud-enabled, next-generation IT solutions
and professional services to help our customers modernize their
legacy systems, protect their applications, infrastructure, and
assets and improve the effectiveness and efficiency of
mission-critical functions for our warfighters and our citizens.
Our 18,000 employees understand that success is a matter of
perseverance, courage, adaptability and experience. CSRA is
headquartered in Falls Church,
Virginia. To learn more about CSRA, visit www.csra.com.
Forward-looking Statements
All statements in this press release and in all future press
releases that do not directly and exclusively relate to historical
facts constitute "forward-looking statements" within the meaning of
the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. These statements represent CSRA's intentions,
plans, expectations and beliefs, including statements about network
and asset protection and improving mission-critical functions. The
forward-looking statements are subject to risks, uncertainties and
other factors, many of which are outside the control of CSRA. These
factors could cause actual results to differ materially from
forward-looking statements. For a written description of these
factors, see the sections titled "Risk Factors" and "Management's
Discussion and Analysis of Financial Condition and Results of
Operations" in CSRA's most recent Annual Report on Form 10-K and
any updating information in subsequent SEC filings. CSRA disclaims
any intention or obligation to update these forward-looking
statements whether as a result of subsequent event or otherwise,
except as required by law.
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SOURCE CSRA Inc.