SAIC CEO to retire at end of July

Science Applications International Corp. said late Monday that its chief executive will step down at the end of July and be succeeded by its current chief operations officer. SAIC said CEO Tony Moraco will retire effective July 31 and that the board elected COO Nazzic Keene to take his place. Shares of the government services and IT support company were flat in the extended session, following a 0.8% gain to close the regular session at $72.40.

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