Tag Archives: reorganization

Dell and Massachusetts-based data storage vendor EMC (NYSE: EMC) will implement a new senior management structure upon closing of their approximately $67 billion merger. Michael Dell told employees in a memo Tuesday the integrated company will have an executive group that will comprise current CEOs of the VMware, SecureWorks, Pivotal and Virtustream businesses. Jeremy Burton will serve as …

TYSONS CORNER, VA, January 6, 2016 — Parsons has reorganized its business structure into five units that will work to drive growth opportunities as part of the company’s Forward initiative, ExecutiveBiz reported Tuesday. Parsons said Monday Mary Ann Hopkins, president of its government services group, will head the new federal unit …

John Keenan, formerly group executive for global information technology infrastructure and operations at Newmont Mining, has been named chief information officer of United Launch Alliance as part of the company’s executive reorganization. Tory Bruno, president and CEO of ULA, said Tuesday the move aims to help the Boeing (NYSE: BA)-Lockheed Martin (NYSE: LMT) …

Northrop Grumman (NYSE: NOC) will restructure from four business segments to three, effective Jan. 1, in a move President and CEO Wes Bush said is aimed to align strategies with customer requirements. On that date, Gloria Flach, corporate vice president and president of Northrop’s electronic systems sector, will assume the …

Harris Corp. (NYSE: HRS) has unveiled the company’s new business structure that will take effect Friday, almost one month after the defense and communications technology maker closed its $4.75 billion acquisition of Exelis. Harris said Wednesday its reorganization into four business units will coincide with the end of the company’s 2016 fiscal year on Friday. …

Northrop Grumman (NYSE: NOC) has appointed Joseph Ensor to lead the new space intelligence, surveillance and reconnaissance systems division and Michael Hinkey to head the new airborne ISR and targeting systems division following a business realignment. The company said Monday the appointments come with the separation of the airborne ISR and targeting systems business and …

Level 3 Communications (NYSE: LVLT) and tw telecom (NASDAQ: TWTC) shareholders have voted to move forward with Level 3’s acquisition of tw telecom,  which the companies expect to close before an earnings call next week. Level 3 said Tuesday the majority has also agreed on the allocation of common stock to tw telecom stockholders and to …

Rockville, Maryland-based contractor LCG has combined the operations of its grants management and technology services divisions into a single organization that will operate under the name LCG. The company has also appointed 25-year business development veteran Raymond Tye as chief operating officer, LCG said Monday. He will work to align …

Gerald Beaman, a retired U.S. Navy vice admiral and ex-FBI special agent, has been appointed president of the newly formed unmanned combat aerial systems division at Kratos Defense & Security Solutions (NASDAQ: KTOS). He brings 35 years of military experience to the role and will work to develop strategic programs in …

EADS has announced plans to consolidate the operations of its defense and aerospace units in an effort to reduce market vulnerability of its defense business, MarketWatch reported Wednesday. Monica Houston-Waesch writes EADS will change its name to Airbus Group as part of the reorganization that will see the company’s Cassidian …