Leidos Holdings Elects Jeffery S. McElfresh to Board

What Happened Leidos Holdings, Inc. filed an 8-K reporting that its Board increased to 11 members and elected Jeffery S. McElfresh as a director, effective October 1, 2026. The Board determined Mr. McElfresh is independent and meets NYSE independence requirements. He will be compensated under Leidos’ standard non-employee director arrangements (as disclosed in the company’s March 19, 2026 proxy) and was appointed to the Corporate Governance and Ethics and Technology and Information Security Committees.

Key Details

• Board size increased to 11 members; Mr. McElfresh’s election effective October 1, 2026.
• Board determined Mr. McElfresh is independent under NYSE rules.
• He will receive standard non-employee director compensation per the company’s March 19, 2026 proxy statement.
• Appointed to the Corporate Governance and Ethics Committee and the Technology and Information Security Committee.
• Company reports no related arrangements or transactions requiring Item 404 disclosure.

Why It Matters Adding an independent director strengthens the Board’s governance and oversight capacity without changing executive management. Mr. McElfresh’s committee assignments—especially Technology and Information Security—signal added oversight in areas important to investors (governance, cybersecurity, and technology risk). No material transactions or special compensation arrangements were disclosed, so the filing does not indicate direct financial impact to the company beyond routine director pay.