C. Michael Petters to Lead Northrop Grumman's Newport News Sector
16 Septembre 2004 - 6:56PM
PR Newswire (US)
C. Michael Petters to Lead Northrop Grumman's Newport News Sector
Seventeen-Year Sector Veteran to Succeed Tom Schievelbein, Who
Elects Early Retirement LOS ANGELES, Sept. 16
/PRNewswire-FirstCall/ -- Northrop Grumman Corporation (NYSE:NOC)
today announced that its Board of Directors has elected C. Michael
Petters as corporate vice president and president of the company's
Newport News sector, succeeding Thomas C. Schievelbein, 51, who has
elected to take early retirement. Petters will assume his new
position on Nov. 1, 2004. He will report to Ronald D. Sugar,
Northrop Grumman's chairman, chief executive officer and president.
Petters, 44, currently serves as the sector's vice president of
human resources, administration and trades, and most recently was
instrumental in the successful collective bargaining agreement
between the company and the United Steelworkers of America. During
his 17 years with the company, he has held increasingly responsible
management positions including production manager for submarines,
marketing manager for submarines and for carriers, vice president
for aircraft carrier programs, and vice president for contracts and
pricing. "Mike's experience in heading vital sector functions makes
him an ideal choice to lead the Newport News sector in the years
ahead," said Sugar. "He brings thorough knowledge and critical
nuclear shipbuilding experience to his new position. Mike will be
an excellent addition to my senior leadership team." Sugar added,
"We thank Tom for his eight years of leadership of the shipyard's
operations. Tom was key to Northrop Grumman's successful
integration of the sector into the overall corporation following
our purchase of Newport News in 2001. The sector has been an
outstanding performer under his stewardship. We will miss his
expertise, but we respect his wish to take early retirement. We
wish him and his wife Betty the very best." "I've had the great
privilege of running the operations at Newport News for five years
and then leading the entire sector for the past three years as part
of Northrop Grumman," said Schievelbein. "It's been a wonderful
experience and I thank Northrop Grumman for the opportunity;
however, I've decided it's time to begin the next chapter of my
life, which will include spending more time with my wife and
pursuing some of my personal interests." Petters joined Newport
News Shipbuilding in 1987 in the submarine construction division.
He has held a number of increasingly responsible positions
throughout the organization. Petters graduated from the U.S. Naval
Academy in 1982 with a bachelor's degree in physics. He served as
an officer aboard the USS George Bancroft before joining the Naval
Reserve in 1988. He earned an MBA from the College of William and
Mary in 1993. A photo accompanying this release is available at:
http://media.primezone.com/noc/. Northrop Grumman Newport News,
headquartered in Newport News, Va., is the nation's sole designer,
builder, and refueler of nuclear-powered aircraft carriers and one
of only two companies capable of designing and building nuclear
powered submarines. Newport News also provides after-market
services for a wide array of naval and commercial vessels. The
Newport News sector employs about 19,000 people. Northrop Grumman
Corporation is a global defense company headquartered in Los
Angeles, Calif. Northrop Grumman provides technologically advanced,
innovative products, services and solutions in systems integration,
defense electronics, information technology, advanced aircraft,
shipbuilding and space technology. With 125,000 employees, and
operations in all 50 states and 25 countries, Northrop Grumman
serves U.S. and international military, government and commercial
customers. DATASOURCE: Northrop Grumman Corporation CONTACT: Randy
Belote, +1-703-875-8525, or Jerri Fuller Dickseski,
+1-757-380-2341, both of Northrop Grumman Corporation Web site:
http://www.northropgrumman.com/
Copyright
Northrop Grumman (NYSE:NOC)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024
Northrop Grumman (NYSE:NOC)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024