Booz Allen Hamilton Holding Corporation announced that Chief Financial Officer Lloyd W. Howell, Jr. will be retiring December 31, 2022, and Matthew A. Calderone, who currently serves as the firm's Chief Strategy Officer, will succeed him as CFO effective October 1, 2022. Howell will continue in his role of Executive Vice President to assist with the transition in the coming months. Calderone began his Booz Allen career in 2000 as a management consultant serving both commercial and government classified clients.

He worked closely with Rozanski in the design and execution of Booz Allen's Vision 2020 strategy, which transformed the firm into a technology-first industry growth leader. Calderone joined the finance organization as head of Forecasting, Planning and Analysis (FP&A), where he was responsible for Booz Allen's financial strategy and transformation of the finance function. Since 2014, Calderone has built and led Booz Allen's Corporate Development team, which under his leadership has executed more than $1.4B in M&A transactions and nearly a dozen equity investments, divestitures, and joint ventures.

He became Booz Allen's Chief Strategy Officer in 2020 and has led a portfolio of strategic projects including the conception and design of VoLT (Velocity, Leadership, Technology), Booz Allen's long-term growth strategy. Through these experiences, Calderone brings tremendous breadth and depth of understanding in the firm's markets, financial model, and strategy. Calderone holds a Bachelor of Arts in Economics from the University of Maryland and a Master of Business Administration from Yale School of Management.