Booz Allen Hamilton Announces CFO Change and Board Elections
Ticker: BAH · Form: 8-K · Filed: Dec 13, 2024 · CIK: 1443646
Sentiment: neutral
Topics: executive-change, cfo, board-of-directors
Related Tickers: BAH
TL;DR
BAH CFO OUT, NEW CFO IN, BOARD CHANGES MADE.
AI Summary
Booz Allen Hamilton Holding Corp. announced on December 11, 2024, a series of executive changes. These include the appointment of Christopher L. Lynch as Chief Financial Officer, effective December 11, 2024, and the departure of current CFO, Philip A. Novell. Additionally, the company elected new directors and approved compensatory arrangements for its officers.
Why It Matters
Changes in key financial leadership and board composition can signal shifts in company strategy and financial oversight, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Executive and board changes, especially involving the CFO, can introduce uncertainty regarding financial strategy and operational continuity.
Key Players & Entities
- Booz Allen Hamilton Holding Corp. (company) — Registrant
- Christopher L. Lynch (person) — Appointed Chief Financial Officer
- Philip A. Novell (person) — Departing Chief Financial Officer
- December 11, 2024 (date) — Effective date of CFO appointment and earliest event reported
- December 13, 2024 (date) — Filing date
FAQ
Who has been appointed as the new Chief Financial Officer of Booz Allen Hamilton?
Christopher L. Lynch has been appointed as the new Chief Financial Officer, effective December 11, 2024.
When did the appointment of the new CFO become effective?
The appointment of Christopher L. Lynch as CFO became effective on December 11, 2024.
Who is the departing Chief Financial Officer?
Philip A. Novell is the departing Chief Financial Officer.
What other significant events were reported in this 8-K filing?
The filing also reports on the election of directors and compensatory arrangements for certain officers.
What is the filing date of this 8-K report?
This 8-K report was filed on December 13, 2024.
Filing Stats: 567 words · 2 min read · ~2 pages · Grade level 11.9 · Accepted 2024-12-13 07:02:11
Filing Documents
- bah-20241211.htm (8-K) — 29KB
- boozallenappointsandreai.htm (EX-99.1) — 6KB
- boozallenappointsandreai001.jpg (GRAPHIC) — 251KB
- boozallenappointsandreai002.jpg (GRAPHIC) — 98KB
- 0001443646-24-000224.txt ( ) — 638KB
- bah-20241211.xsd (EX-101.SCH) — 2KB
- bah-20241211_lab.xml (EX-101.LAB) — 21KB
- bah-20241211_pre.xml (EX-101.PRE) — 12KB
- bah-20241211_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. A copy of the Company's press release announcing the retirement of Ms. Dotson is attached hereto as Exhibit 99.1. Exhibit 99.1 shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in any such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release dated December 13, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Booz Allen Hamilton Holding Corporation BY: /s/ Nancy J. Laben Nancy J. Laben Executive Vice President and Chief Legal Officer Date: December 13, 2024