Booz Allen Hamilton Announces CFO Change and Board Elections

Ticker: BAH · Form: 8-K · Filed: 2024-12-13T00:00:00.000Z

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

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.

From the Filing

0001443646-24-000224.txt : 20241213 0001443646-24-000224.hdr.sgml : 20241213 20241213070211 ACCESSION NUMBER: 0001443646-24-000224 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20241211 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241213 DATE AS OF CHANGE: 20241213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Booz Allen Hamilton Holding Corp CENTRAL INDEX KEY: 0001443646 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MANAGEMENT CONSULTING SERVICES [8742] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34972 FILM NUMBER: 241546773 BUSINESS ADDRESS: STREET 1: 8283 GREENSBORO DRIVE CITY: MCLEAN STATE: VA ZIP: 22102 BUSINESS PHONE: 703-902-5000 MAIL ADDRESS: STREET 1: 8283 GREENSBORO DRIVE CITY: MCLEAN STATE: VA ZIP: 22102 FORMER COMPANY: FORMER CONFORMED NAME: EXPLORER HOLDING CORP DATE OF NAME CHANGE: 20080821 8-K 1 bah-20241211.htm 8-K bah-20241211 0001443646 False 0001443646 2024-02-28 2024-02-28 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________________  FORM 8-K  ___________________________________     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 13, 2024 ( December 11, 2024 ) ___________________________________   Booz Allen Hamilton Holding Corporation (Exact name of Registrant as specified in its charter)   ___________________________________     Delaware   001-34972   26-2634160 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.) 8283 Greensboro Drive, McLean, Virginia   22102 (Address of principal executive offices)   (Zip Code) Registrant’s telephone number, including area code: (703)   902-5000   ___________________________________   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of Each Exchange on Which Registered Class A Common Stock BAH New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐ Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On December 11, 2024, Judith H. Dotson, Executive Vice President and President of the Global Defense Sector of Booz Allen Hamilton Holding Corporation (the “Company”), informed the Company of her plan

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