Leidos Promotes Jason Albanese: A New Era for Growth Leadership

Author: Hannah Lewis Updated: 02-19-2025 09:25 AM

Leidos Appoints Jason Albanese as Chief Growth Officer

In a significant leadership move, Leidos (NYSE: LDOS) has announced the promotion of Jason Albanese to the position of Chief Growth Officer and Corporate Executive Vice President. This transition follows the retirement of Gerry Fasano, who has played a pivotal role at Leidos throughout his distinguished 40-year career.

Path to Leadership

Prior to this new role, Albanese served as the Senior Vice President of Growth within Leidos' National Security sector. His career has been marked by substantial achievements in various disciplines, including business development, engineering, and program management.

A Legacy of Leadership

Chief Executive Officer Tom Bell expressed his congratulations to Albanese, highlighting the impressive legacy of Gerry Fasano. Bell stated, "Gerry built a strong team and an excellent long-term strategy, setting a high bar for success within the organization." Albanese, with his rich background, is now tasked with continuing this legacy by enhancing the company's market presence.

Implementing the NorthStar 2030 Strategy

Albanese will report directly to Bell and will be a cornerstone in executing the new NorthStar 2030 strategy, launched to meet the evolving needs of customers and capitalize on market opportunities. This strategy is built upon growth pillars, which will address sectors where demand is projected to increase significantly, and where Leidos can position itself as a trusted partner.

Record Financial Performance

Recent financial reports indicate robust performance for Leidos in the previous fiscal year, which ended with a record fourth-quarter book-to-bill ratio. This outcome is an excellent indicator of strong customer demand for Leidos' diverse solutions, further validating the company's strategic direction and growth potential.

Albanese's Background and Education

Jason Albanese joined Leidos in 2017 following the merger with Lockheed Martin's Information Systems and Global Solutions. His professional journey began in defense, where he led strategy and business development initiatives. He has also held notable roles in health and intelligence sectors, before assuming leadership in the National Security area.

In terms of education, Albanese holds engineering degrees from the University of Pennsylvania and Villanova University, along with a finance degree from the University of Maryland.

About Leidos

Leidos is a prominent player in the technology and defense industries, delivering intelligent solutions and mission support to government and commercial clients alike. With about 48,000 employees worldwide, Leidos has established a strong reputation for driving efficient digital transformations. In the latest fiscal year, the company reported revenues nearing $16.7 billion.

To learn more about the company and its innovations, visit www.Leidos.com.

Frequently Asked Questions

Who is the new Chief Growth Officer of Leidos?

Jason Albanese has been appointed as the new Chief Growth Officer of Leidos, succeeding Gerry Fasano.

What is the NorthStar 2030 strategy?

The NorthStar 2030 strategy is Leidos' new framework aimed at capturing growth opportunities in sectors that demonstrate a rising customer demand.

What accomplishments did Leidos achieve in the past fiscal year?

Leidos reported a record fourth-quarter book-to-bill ratio, reflecting strong performance and customer demand for its solutions.

When did Jason Albanese join Leidos?

Jason Albanese joined Leidos in 2017 after the merger with Lockheed Martin's Information Systems and Global Solutions.

Where can I find more information about Leidos?

For more details about Leidos and its services, you can visit their official website at www.Leidos.com.

About The Author

Hi there, I'm Hannah Lewis, a writer and financial specialist of 36 years old committed to making money understandable and approachable to everyone. Years of working in the field have given me a thorough grasp of market trends, investment techniques, and economic fundamentals. My objective is to enable people, by means of understandable, useful guidance, to take charge of their financial destiny.

I have written many articles for financial blogs over my career that simplify difficult financial ideas into understandable insights. Being financially literate is a critical ability, and I am passionate about enabling people to confidently manage their financial lives. Regardless of your level of experience, my work will help you at every stage of the investment process. I appreciate being allowed to share in your success and financial expansion.

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