Finmeccanica is pleased to announce that the Board of Directors of its US subsidiary DRS Technologies, Inc. has appointed William J. Lynn III as its Chairman and Chief Executive Officer. The appointment is effective immediately. Lynn replaces current...
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Finmeccanica is pleased to announce that the Board of Directors of its US subsidiary DRS Technologies, Inc. has appointed William J. Lynn III as its Chairman and Chief Executive Officer. The appointment is effective immediately. Lynn replaces current Chairman and Chief Executive Officer Mark S. Newman who is retiring.
This new appointment is a key element of the Finmeccanica Group’s strategy aimed at strengthening its US defense and security business through a more effective and competitive organization and management structure – one that can address the changing requirements of the US customer.
"I am very pleased to welcome Bill to the Finmeccanica team,” said Giuseppe Orsi, Chairman and Chief Executive Officer of Finmeccanica. “He is uniquely qualified for this role, having worked in both the public and private sectors including recent service as United States Deputy Secretary of Defense.
Bill’s responsibilities will be to develop our business in North America, and shape and
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