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Tag Archives: board of directors

Northrop OKs 70-Cent Dividend for Shareholders

northrop Grumman_BLUE

Northrop Grumman‘s (NYSE: NOC) board of directors has approved a quarterly cash dividend of 70 cents per share on the company’s common stock. The company will give the dividend to shareholders of record as of March 2, Northrop said Tuesday. Stockholders are scheduled to receive the payment March 18.

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Timothy Cooke Appointed ASI Government President, CEO

ASI Government

Dr. Timothy Cooke, president of the consulting division at ASI Government, will serve as president and CEO at the Arlington, Virginia-based professional services contractor beginning on Feb. 15. He succeeds Kimberly McCabe, who has led the company over the past four years and will remain as a board member, ASI ...

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David Savner to Co-Chair Engility Board Upon TASC Deal’s Closure; Tony Smeraglinolo Comments


David Savner, a board member at Engility Holdings (NYSE: EGL) since 2012, will serve as a non-executive co-chairman of the company’s board of directors upon its $1.1 billion acquisition of TASC. Engility said Tuesday Savner will lead the board with current TASC Chairman Peter Marino after the deal closes, which could occur within the current quarter of ...

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Peter Altabef Named President, CEO of Unisys; Paul Weaver Comments

Unisys logo

Peter Altabef, president and CEO of Oracle‘s (NYSE: ORCL) MICROS Systems subsidiary, will join Unisys (NYSE: UIS) in January as president, CEO and member of the board of directors. Unisys said Tuesday that Altabef brings 20 years of experience in leadership roles at other IT companies. “As an industry veteran, Peter brings outstanding leadership skills, ...

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Northrop Board OKs Additional $3B Stock Buyback Plan

northrop Grumman_BLUE

Northrop Grumman (NYSE: NOC) will repurchase an additional $3 billion of its common stock following approval from the board of directors. The company said Thursday that further share repurchase transactions are subject to authorization from management as well as market conditions. The Wall Street Journal reported that Northrop plans to buy back 25 percent of its shares before ...

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John Pranzatelli, MBDA’s US President, Adds CEO Title

John Pranzatelli

John Pranzatelli, president of the U.S. subsidiary for global missile manufacturer MBDA, has been appointed to CEO and will continue to hold the title of president at the subsidiary — MBDA Inc. Scott Webster will continue as chairman of MBDA Inc.’s board after one year as the subsidiary’s interim CEO, MBDA said Friday. Pranzatelli, who has served as president ...

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Rami Rahim Named Juniper Networks CEO

Rami Rahim

Rami Rahim, former executive vice president and general manager of Juniper Networks‘ (NYSE: JNPR) development and innovation segment, has been promoted to CEO. Juniper said Monday Rahim, a 17-year veteran ofthe company, will also join the board of directors. “He is a talented leader who brings deep instincts about the networking industry, and ...

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Michael Brown Appointed Full-Time CEO at Symantec; Dan Schulman Comments

Michael Brown

Michael Brown, interim president and CEO of Symantec (NASDAQ: SYMC), has been confirmed for the chief executive role on a full-time basis by the board of directors after six months as acting CEO. Brown was selected through an executive search process performed by a special committee within the board alongside search firm Russell Reynolds, Symantec said Thursday. “[He] demonstrated ...

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Marillyn Hewson: Lockheed Extends Dividend Increases as Repurchase Program Continues

Marillyn Hewson

Lockheed Martin (NYSE: LMT) will move forward on its share repurchase program after the board of directors approved to buy back an additional $2 billion of the company’s common stock. The company also said Thursday its dividend for its fiscal year 2014 fourth quarter will increase 13 percent from the previous quarter $1.50 and is payable on Dec. ...

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