UTC Vet Paul Lundstrom to Join Aerojet Rocketdyne as CFO, Finance VP; Eileen Drake Comments

Paul Lundstrom
Paul Lundstrom

Paul Lundstrom, formerly vice president of investor relations at United Technologies Corp. (NYSE: UTX), has been appointed chief financial officer and vice president of finance at Aerojet Rocketdyne (NYSE: AJRD).

Lundstrom will succeed the departing CFO Kathy Redd on Nov. 7 and will report directly to President and CEO Eileen Drake through the company’s headquarters in California, Aerojet Rocketdyne said Tuesday.

“With his in-depth knowledge and extensive experience in financial planning, investor relations, and government and financial accounting, along with a proven focus on delivering value for shareholders, Paul will be a significant asset to our company, ” Drake said.

Lundstrom spent nearly two decades at UTC, where he held the roles of VP of finance and CFO for the firm’s climate, controls and security businesses in Asia and director of financial planning and analysis at UTC’s Carrier subsidiary.

He also held financial leadership posts at Hamilton Sundstrand, UTC’s aerospace and defense business, from 1997 to 2006.

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