BAE Systems announced executive director Walt Havenstein‘s decision to leave today. Effective June 26, 2009 Walt has resigned as director and COO, BAE Systems plc and as President and CEO, BAE Systems, Inc. and will leave the employ of BAE Systems, Inc. September 20, 2009.
General Tony Zinni (USMC ret.), board member of BAE Systems, Inc., has been appointed Chairman of the Board and Acting President and CEO of BAE Systems, Inc., pending the appointment of a permanent successor. Since the end of his 39-year military career, culminating as Commander-in-Chief, U.S. Central Command, Tony has held several senior corporate executive positions and serves on the board of directors for several U.S. businesses.
Dick Olver, Chairman of BAE Systems, remarked “Walt has been a valued member of the Board and the executive team. I would like to thank him for his dedication and leadership during his time as an executive director and for his part in the successful execution of BAE Systems’ global strategy and to the growth of the US based business, BAE Systems, Inc.”