Leidos names Jason Albanese chief growth officer, succeeding Gerry Fasano who is retiring

Core Points - Leidos has promoted Jason Albanese to corporate executive vice president and chief growth officer, effective March 3, 2025, succeeding Gerry Fasano who will retire on April 4, 2025 [1][2] - Albanese has a strong background in growth, business development, program management, and engineering, having joined Leidos in 2017 after the merger with Lockheed Martin [3] - The company reported record financial performance for 2024, including its best fourth quarter book-to-bill ratio, indicating strong demand for its solutions [2] Company Overview - Leidos is a leader in industry and technology, serving government and commercial customers with innovative digital and mission solutions [4] - The company is headquartered in Reston, Virginia, and has approximately 48,000 global employees [4] - Leidos reported annual revenues of approximately $16.7 billion for the fiscal year ended January 3, 2025 [4] Strategic Direction - Albanese will be instrumental in implementing the company's new NorthStar 2030 strategy, which focuses on specific growth pillars aligned with customer needs and market profitability [2] - The strategy aims to differentiate Leidos as a trusted partner, enhancing customer outcomes [2]