Core Insights - There is a significant leadership change at Science Applications International Corp. (SAIC) as CEO Toni Townes-Whitley steps down immediately after two years in the role [1][2] Company Performance - Under Townes-Whitley's leadership, SAIC reported $7.48 billion in revenue for 2024, marking a revenue growth of 0.47% from 2023 [2] - SAIC ranks as the 20th-largest public company in the Greater Washington, D.C. area and is the 23rd-largest employer in the region with approximately 24,000 employees [2] Leadership Transition - The SAIC board has appointed former Leidos CFO Jim Reagan as interim CEO until a permanent replacement is found [3] - Townes-Whitley expressed confidence in Reagan's ability to lead the company and capitalize on growth opportunities [3] Industry Context - Townes-Whitley's departure is part of a broader trend, as she is one of two women of color to leave CEO positions within a week, highlighting challenges faced by women in leadership roles [3][4] - SAIC has significant ties to the U.S. government, generating $7.5 billion in revenue from contracts with the Department of Defense and other federal agencies [5] Diversity in Leadership - With Townes-Whitley's exit, the number of Black women serving as CEOs in Fortune 500 companies decreases, leaving only one alongside TIAA's Thasunda Brown Duckett [6] - The departure of both Townes-Whitley and Priscilla Almodovar from their CEO roles reduces the representation of women in top executive positions [6]