Parsons Corp Announces CHRO Retirement and New CHRO Appointment

What Happened Parsons Corporation (PSN) announced that Chief Human Resources Officer Susan Balaguer will retire as CHRO effective April 1, 2026, and will stay on in an advisory role through the end of May 2026. The Board approved a one-time $250,000 cash bonus to be paid to Ms. Balaguer as part of her final payment. The company also disclosed the appointment of Soo Lagasse as the Corporation’s new CHRO, effective April 1, 2026, via a press release dated March 17, 2026.

Key Details

• Susan Balaguer retirement effective: April 1, 2026. Advisory transition through: May 31, 2026.
• One-time cash bonus approved: $250,000, included in final payment.
• Successor: Soo Lagasse named CHRO, effective April 1, 2026.
• Disclosure: Announcement made March 17, 2026; press release furnished as Exhibit 99.1 to the Form 8-K.

Why It Matters This is an executive leadership change in Parsons’ human resources function. For investors, the items to note are the continuity plan (Balaguer’s advisory period and immediate successor) and the one-time $250,000 cash expense, which is unlikely to be material to overall results but is disclosed as part of the executive transition. The filing signals a planned, orderly handoff rather than an abrupt departure.