Biggs Porter, executive vice president and chief financial officer of Maxar Technologies (NYSE: MAXR), will retire in 2023 and hold a consulting role after his retirement until March 2024 to help with the transition.
Maxar said Thursday it has begun its search for Porter’s successor in the CFO role.
Dan Jablonsky, president and CEO of Maxar and a 2022 Wash100 awardee, said Porter has been key in Maxar’s financial transformation and growth and under his leadership, the company has strengthened its space industry presence and better positioned itself for value creation and long-term growth.
“On behalf of the Board and management team, I want to thank Biggs for his dedication to Maxar and I look forward to working together with him as we transition to a new CFO,” added Jablonsky.
Porter spent five years at Fluor (NYSE: FLR) as EVP and CFO prior to joining Maxar in 2018. He served as CFO at Tenet Healthcare (NYSE: THC) for six years and held leadership roles at Raytheon, TXU and Northrop Grumman (NYSE: NOC).