Science Applications International Corporation (SAIC), of McLean, Va., announced Jan. 26 the appointment of Timothy J. Mayopoulos to SAIC’s board of directors, effective Feb. 19. Mayopoulos will serve on the Audit Committee, and the Nominating and Corporate Governance Committee.
“We are pleased to welcome Tim Mayopoulos to SAIC’s board of directors,” SAIC Chairman Edward J. Sanderson, Jr. said. “Tim has deep experience in financial services and an outstanding track record working in a highly regulated environment. Tim’s strong business and leadership expertise along with his legal background will increase the depth of capabilities to our dynamic board as we continue to execute SAIC’s business strategy.”
SAIC’s board of directors will increase to nine members with the addition of Mayopoulos.
Mayopoulos currently serves as the president and CEO of the Federal National Mortgage Association (FNMA), or Fannie Mae, and a member of its board of directors. He joined Fannie Mae in April 2009 as executive vice president, general counsel and corporate secretary, and was appointed chief administrative officer in 2010 before becoming president and CEO in June 2012.
Mayopoulos has previously held other senior leadership positions at several financial institutions including Bank of America, Credit Suisse First Boston and Deutsche Bank.
He is a graduate of Cornell University and the New York University School of Law.
Related: SAIC Founder Dr. J. Robert Beyster Dies at Age 90
