Northrop Grumman Names New Executives

Thursday, March 20, 2003
Northrop Grumman Corporation board of directors has elected Albert F. Myers, corporate vice president and treasurer, to the new position of corporate vice president, strategy and technology. Myers, 57, will report to Ronald D. Sugar, who as previously announced, will become the company's chief executive officer effective April 1, 2003. The board also elected James L. Sanford to succeed Myers as corporate vice president and treasurer. Sanford currently is Northrop Grumman's vice president of contracts and pricing. In his new position, Sanford, 57, will report to Richard B. Waugh Jr., corporate vice president and chief financial officer. Both appointments are effective April 1, 2003. As corporate vice president of strategy and technology, Myers will focus on developing and capitalizing on new strategies for both the company overall and individual sectors. His organization will assume the business strategy and long range planning responsibilities of the company and he will become a member of the company's Corporate Policy Council. In his new position, Sanford will be responsible for all duties of the treasury, including cash management, risk management, capital markets, pension and savings investments, and trust management. He will also be responsible for execution of the company's merger and acquisition endeavors.
Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

1,000th Becker Mewis Duct to Be Presented at Nor-Shipping

Hamburg-based Becker Marine Systems will present its 1,000th Becker Mewis Duct in Oslo at Nor-Shipping 2015.   The use of all ducts previously delivered will have lowered CO2 by more than 1.

Shell Declares Force Majeure on Forcados Crude Exports

Shell has declared force majeure on exports of Nigeria's Forcados crude oil stream, a spokesman for the company said on Wednesday.   It declared force majeure

IMCA Publishes Security, Emergency Guidance

The threat to maritime security from piracy, terrorism, criminal acts, and hostage and kidnapping threats continues to pose challenges to ships’ owners, masters and crew members,

 
 
Maritime Contracts Maritime Standards Offshore Oil Pipelines Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1424 sec (7 req/sec)