Hello, Guest!
  • Friday, April 19, 2024

Thomas Kennedy Named Raytheon Board Chairman; Adm. Vern Clark Comments


Thomas Kennedy
Thomas Kennedy

Thomas Kennedy, CEO of Raytheon (NYSE: RTN), has been elected to serve as chairman of the company’s board of directors beginning on Oct. 1.

Kennedy will succeed William Swanson, who will retire from Raytheon on Sept. 30 after serving as chairman of the board since 2004, Raytheon said Monday.

“On behalf of the board, I would like to express our deepest appreciation for Bill’s strong leadership and sound judgment as chairman of the Raytheon Board, ” said Adm. Vern Clark, lead director of Raytheon.

Swanson, who joined Raytheon in 1972, has also served as Raytheon’s CEO from July 2003 to March 2014 before Kennedy succeeded him in that role.

Kennedy previously served as executive vice president and chief operating officer of Raytheon from April 2013 to March 2014.

The 31-plus-year Raytheon veteran joined the board in January 2014.

“The board is looking forward to working with Tom as chairman of the board and to his successful leadership of the company in this dynamic global business environment, ” said Clark.

Video of the Day

Related Articles

RapidSOS Appoints Former Raytheon Chair, CEO William Swanson to Advisory Board Press Releases

RapidSOS Appoints Former Raytheon Chair, CEO William Swanson to Advisory Board

TYSONS CORNER, VA, Jan. 13, 2017 — RapidSOS has named William Swanson, former Raytheon (NYSE: RTN) chairman and CEO, to the advisory board of the New York-based emergency communications technology company, GovCon Executive reported Thursday. Swanson has at least 40 years of experience in cybersecurity, defense and communications, RapidSOS said Tuesday. He held various leadership positions at Raytheon and

Thomas Kennedy to Become Raytheon CEO March 31; William Swanson to Retire Executive Moves

Thomas Kennedy to Become Raytheon CEO March 31; William Swanson to Retire

Thomas Kennedy, executive vice president and chief operating officer at Raytheon (NYSE: RTN) since April 2013, will serve as CEO of the defense technology maker starting on March 31. William Swanson, CEO for 10 years and a 41-year company veteran, will retire from the chief executive role on that date and continue to serve as

CIO Rebecca Rhoads Adds Global Business Services President Role at Raytheon; William Swanson Comments Executive Moves

CIO Rebecca Rhoads Adds Global Business Services President Role at Raytheon; William Swanson Comments

Rebecca Rhoads,  chief information officer and a vice president at Raytheon Co. (NYSE: RTN), has added the role of president of Raytheon’s global business services group. Rhoads will oversee related Raytheon operations across supply chain management, finance, information technology, human resources and advanced media services,  Raytheon said Friday. Rhaods will be based in Waltham, Mass.. William