Booz Allen hires former Boeing exec as CFO

McLean-based Fortune 500 government contractor Booz Allen Hamilton has appointed aerospace veteran Troy Lahr to be its new chief financial officer effective May 4.

Lahr, who was previously Boeing’s defense division CFO and was most recently Sierra Space’s chief financial officer and senior vice president, will succeed former Booz Allen CFO Matt Calderone, who left the company in February to become CFO of S&P Global’s mobility business.

Chief Operating Officer Kristine Martin Anderson has been acting CFO since then. On May 1, she will assume the position of president, in addition to COO.

Lahr has more than 25 years of financial and business leadership experience in the commercial technology and defense sectors. As CFO, he will report to Chairman and CEO Horacio Rozanski.

“Troy’s deep and differentiated experience helps position Booz Allen for accelerated growth and bold transformation,” Rozanski said in a statement. “His success driving performance across large portfolios and leading through change will be a powerful asset as we work together to advance our next chapter.”

Lahr most recently served as CFO of Colorado-based aerospace company Sierra Space, and at Boeing, he was head of investor relations, controller and senior manager of mergers and acquisitions. He began his career in investment banking, spending more than a decade as an aerospace and defense equity analyst at Stifel.

Anderson worked at Booz Allen for 20 years and became COO in 2022. She previously led the company’s civil sector business.

“Kristine is the driving force in executing Booz Allen’s growth strategy and leading operations as we accelerate our technology transformation,” Rozanski said in a statement. “This position reflects her success as COO and her leadership across our entire business.”

Also on May 1, Executive Vice President and Chief Strategy Officer Shannon Fitzgerald will be promoted to president of Booz Allen’s civil sector, succeeding Richard Crowe, who has been appointed the company’s chief growth officer.

Booz Allen has more than 80 locations and about 31,600 employees worldwide. It plans to relocate its headquarters from McLean to Reston in 2027.