CACI International Inc. - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by CACI International Inc. on March 14, 2011. The report discloses a material corporate governance event regarding the appointment of a new executive officer effective on the date of the report.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial statements or performance metrics.
Material Changes
The primary material change reported is the appointment of Daniel D. Allen as Chief Operating Officer (COO), effective March 14, 2011. Mr. Allen joins the company from Northrop Grumman Information Systems (NGIS), where he served as Sector Vice President and General Manager of the Intelligence Systems Division since 2004. He brings approximately 30 years of experience in the intelligence and information technology industry, including prior leadership roles at General Dynamics Information Technology, GTE Government Systems Corporation, and TRW.
Compensation and Outlook
In connection with his appointment, Mr. Allen received 51,099 Restricted Stock Units (RSUs) valued at the closing stock price on March 14, 2011. These units vest in equal increments over four years. He will also receive customary forms of compensation and benefits extended to executive officers. The filing states there were no pre-existing arrangements for his selection and no related party transactions involving Mr. Allen. The document does not provide specific guidance, outlook, or risk commentary beyond the standard disclosure of the appointment.
Key Facts for Investor Verification
- Confirmation of Daniel D. Allen's start date as Chief Operating Officer (March 14, 2011).
- Verification of the 51,099 RSU grant and its four-year vesting schedule.
- Review of Mr. Allen's prior employment history at Northrop Grumman and General Dynamics to assess strategic fit.
- Confirmation that no undisclosed compensation arrangements or related party transactions exist regarding this appointment.