BAE Systems names Tom Arseneault as new boss of U.S. division

This post was originally published on this site

LONDON (Reuters) – British defense company BAE Systems (L:) said Tom Arseneault would replace Jerry DeMuro as chief executive of its U.S. business, BAE Systems Inc, next year.

Arseneault, currently chief operating officer of BAE Systems Inc, will also join the board of the British mother company when DeMuro retires.

DeMuro has been at the helm of the U.S. business, which has sales of $10.8 billion and 33,000 employees, since 2014 and will stay at BAE until the end of 2020 to complete a number of projects including a governance review of global shipbuilding.

BAE Systems Inc makes electronics systems for use on both combat and commercial aircraft as well as producing combat vehicles and naval guns and other military equipment in the U.S..

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Add Comment