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    You are at:Home»Execs to Know»Top CFOs to Watch in 2024: Booz Allen’s Matt Calderone
    Execs to Know

    Top CFOs to Watch in 2024: Booz Allen’s Matt Calderone

    By Staff WriterOctober 8, 2024
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    Matt Calderone, Booz Allen

    Matt Calderone

    CFO, Booz Allen Hamilton

    In March 2024, Booz Allen reported its best fiscal year since the company’s 2010 IPO, continuing years of exceptional organic growth. As chief financial officer, Matt Calderone is focused on optimizing the firm’s financial performance, capital structure and related operations to implement VoLT (Velocity, Leadership, and Technology), which aims to accelerate innovation inside government missions.

    Calderone and his team have helped lead key elements of the strategy through internal investments, corporate venture capital investments in dual-use technologies and other areas of hypergrowth, and strategic acquisitions like the recent purchase of PAR Government Systems.

    “Since our founding, we have been anticipating and investing ahead of technological, societal and geopolitical trends so that we are positioned to help clients solve big, complex problems at speed and scale,” Calderone said. He cited the company’s $600 million AI business, leading positions in cyber and digital solutions, and investments in space and quantum as examples, as well as partnerships with clients and other technology companies to design, co-create, and scale solutions for mission challenges

    In June, Calderone joined executives and employees from across Booz Allen as the company celebrated its historic 110th anniversary by ringing the opening bell at the New York Stock Exchange.

    “We say Booz Allen is ‘110 years young’ because the company is more relevant and vibrant than ever,” Calderone said. “This is exciting for two reasons: we are making real impact for our clients, and we are compounding our strong performance with strategic investment for the future. At the same time, we remain relentlessly committed to our culture, which means we attract passionate problem solvers dedicated to the mission to be on this journey with us.”

    Why Watch

    In 2024, Calderone and his team are focused on helping the company maintain its exceptional performance, creating the capacity to keep investing, growing, solving problems and driving superior shareholder value into the future.  

    “Digital innovation and supremacy are the critical requirements for U.S. security and global stability,” he said. “We remain focused on accelerating innovation across the government by investing in the right talent, capabilities, missions, partners and technologies to evolve, grow and change the world.”

    Booz Allen CEO Horacio Rozanski said Calderone continues to move the company forward operationally and strategically, driving the company’s continued growth.

    “He is a visionary leader, passionate about the missions we serve, and he inspires confidence among all internal and external stakeholders — from our board of directors and employees to our clients and shareholders,” Rozanski said.

    Fun fact: Calderone is a father of three, and his family is particularly passionate about ice hockey. They are avid Capitals fans, and his kids play competitively. You can often find him cheering from the sidelines of their games.

    See the entire Top CFOs to Watch in 2024 list here. 

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