Kenneth Bedingfield, Northrop Grumman‘s (NYSE: NOC) corporate vice present, controller and chief accounting officer since November 2011, has been appointed VP of business management and chief financial officer for the aerospace systems sector.
Bedingfield succeeds Chuck Wands, who plans to retire from the company later this year, Northrop said Wednesday.
Bedingfield will be responsible for leading business management in the sector and aligning its financial and business strategies with corporate objectives.
“The defense industry faces unprecedented fiscal challenges at a time when the threats to our nation and allies are increasing, which creates a situation that demands aggressive financial and program performance, ” said Tom Vice, corporate VP and president of the aerospace systems sector.
In his most recent role, Bedingfield led corporate accounting functions and advised the CFO and other senior management.
Before joining Northrop, he held a 17-year career KPMG LLP and most recently served as national client leader of the firm’s U.S. aerospace and defense audit practice.