Leidos (LDOS) announced the appointment of Thomas Bell as Chief Executive Officer, expected to be effective May 3, 2023. Bell, current President – Defense Rolls-Royce (RYCEY); Chairman & Chief Executive Officer, Rolls-Royce North America, will succeed current Chairman and CEO, Roger Krone, who has served in the role since 2014. Krone will retire as Chairman at the time of the Leidos 2023 annual meeting of stockholders, and CEO when Bell’s appointment becomes effective. The Board expects to appoint Robert Shapard independent, non-executive chair after the 2023 annual meeting of stockholders and will also nominate Bell to the Board. To facilitate a seamless leadership transition, Krone will continue as a fully employed advisor through July of this year.
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