LOS ANGELES, Jan. 15, 2009 -- Northrop Grumman (NYSE:NOC) today named three vice presidents to key positions in its business management organization, effective Feb. 1. Paul Gregory has been appointed vice president of Investor Relations, Gaston Kent has been named vice president of Finance, and Bernard McVey has been appointed vice president and chief information officer. They report to James F. Palmer, Northrop Grumman corporate vice president and chief financial officer.
"Paul Gregory, Gaston Kent and Bernie McVey bring extensive operational and financial expertise that will strengthen our business management capabilities as we work to enhance performance and growth," said Palmer.
Gregory, previously vice president and chief financial officer for the company's former Space Technology sector, will be responsible for maintaining communications and relationships with financial analysts, fund managers and individual investors. He has more than 27 years of experience in a wide range of leadership positions at Northrop Grumman at both the sector and corporate levels in finance, human resources, business management, and strategy.
Kent, previously vice president of Investor Relations, will be responsible for conducting independent assessments of estimates at completion, cost reduction activities and supporting key strategic projects. Named vice president of Investor Relations in 1999, he was previously director of Investor Relations and before that assistant to the executive vice president of operations. He joined Northrop Grumman in 1974 and held management positions at the company's Military Aircraft and B-2 divisions.
McVey, previously vice president and chief financial officer for the company's former Information Technology sector, will lead the corporation's information technology strategy, ensuring that IT investments align with company goals. He will have responsibility for the company's IT Solutions shared service organization. He served as the IT sector's controller and has extensive experience in program financial management, business operations, and international, commercial and government contracting. He joined Northrop Grumman in 1978.
Northrop Grumman Corporation is a leading global security company whose 120,000 employees provide innovative systems, products, and solutions in aerospace, electronics, information systems, shipbuilding and technical services to government and commercial customers worldwide.
CONTACT: Tom Henson Northrop Grumman Corporation (310) 201.3458 email@example.com