Science Applications International Corporation filed a current report on August 10, 2026, disclosing the appointment of David Benson and David Cush as new members of its Board of Directors, effective August 20, 2026.

Key Highlights

  • Two new directors appointed: David Benson and David Cush will join the board beginning August 20, 2026, with initial terms expiring at the company's 2027 annual meeting of stockholders.
  • Board size expanded: The company increased the size of its Board of Directors from ten to twelve members in connection with these appointments.
  • Committee assignments: Both directors will serve on the Audit Committee; Benson will also serve on the Human Resources and Compensation Committee, and Cush will serve on the Nominating and Corporate Governance Committee.
  • Benson's background: Benson is a former President of Fannie Mae, where he oversaw more than $25 billion in annual revenue and approximately 8,000 employees, and also served as its Chief Financial Officer and Interim CEO.
  • Cush's background: Cush brings more than 30 years of executive experience including serving as President and CEO of Virgin America from 2007 to 2016, guiding it through its IPO and a subsequent $4 billion sale to Alaska Airlines.
  • Compensation terms: Both directors will receive the standard annual cash and equity compensation paid to all non-employee directors, pro-rated until the 2027 Annual Meeting, and may participate in the company's Deferred Compensation Plan.

Board Expansion Details at Science Applications International Corporation

Science Applications International Corporation (NASDAQ: SAIC), headquartered in Reston, Virginia, disclosed on August 10, 2026, that its Board of Directors approved the appointment of David C. Benson and David Cush as directors. According to the filing, both appointments carry an effective date of August 20, 2026, and terms that run through the company's 2027 annual meeting of stockholders. The filing noted there are no arrangements or understandings between either appointee and any other persons pursuant to which they were selected, and no reportable related-party transactions exist between either director or their immediate family members and the company.

The filing describes Benson as a former President of Fannie Mae, a position he held from 2018 to 2024, where he managed more than $25 billion in annual revenue and approximately 8,000 employees. He also served as Fannie Mae's Chief Financial Officer from 2013 to 2018 and again in 2021, and as Interim CEO in 2022. Prior to Fannie Mae, the filing states he spent 14 years in leadership roles within Merrill Lynch's institutional fixed-income businesses in New York and London. Benson currently serves on the boards of Essent Group Ltd (NYSE: ESNT) and Opendoor Technologies Inc. (Nasdaq: OPEN), according to the filing.

For Cush, the filing highlights more than 30 years of executive leadership across aviation and transportation. He served as CEO and Board Director of Service King Collision from 2018 to 2022, and as President, CEO, and Board Director of Virgin America (Nasdaq: VA) from 2007 to 2016. The filing also notes his prior role as Senior Vice President of Global Sales and Distribution at American Airlines (Nasdaq: AAL) and as Chief Operating Officer of Aerolíneas Argentinas from 1998 to 2000. He has previously served on the boards of Southwest Airlines (NYSE: LUV), Vought Aircraft, and Vive Collision, according to the filing.

What Was Disclosed

Science Applications International Corporation reported the appointment of two new independent directors to a newly expanded twelve-member board, their committee assignments, their professional backgrounds, and the compensation terms applicable to their service as non-employee directors.