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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Maersk Line Names Hahnemann Chief HR Officer

On August 1, 2016, Ulf Hahnemann, current Vice President for Strategic Programs at Mars Inc. will join Maersk Line as Chief Human Resources Officer (CHRO) and be

American Waterways Operators Elects Chairman

The members of the American Waterways Operators, the national trade association representing the tugboat, towboat and barge industry, elected a new slate of leaders

Hanjin Shipping May Get OK for Restructuring

South Korea’s largest container operator by capacity Hanjin Shipping's creditors are expected to approve a corporate rehabilitation program for the struggling container line,

 
 
Maritime Careers / Shipboard Positions Maritime Standards Navigation Offshore Oil Pipelines Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
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: 0.1105 sec (9 req/sec)