BAE Systems, Inc. President and CEO Linda P. Hudson Announces Plan to Retire Next Year; She Will Remain on the Board as an Outside Director through April 2015.
ARLINGTON, VA --(Ammoland.com)- Linda P. Hudson, president and CEO of BAE Systems, Inc. since 2009, has announced her plan to retire from the company following a distinguished career in the defense industry.
To ensure a seamless transition, Hudson has agreed to remain in post through the first quarter 2014. At that time, she will also step down from her positions as executive director of the BAE Systems plc Board and as a member of the company’s Executive Committee.
She will remain on the BAE Systems, Inc. Board as an outside director through April 2015.
The BAE Systems, Inc. Board will conduct a search for Hudson’s successor and, upon making that appointment, the company will issue a subsequent announcement.
“Linda has transformed BAE Systems, Inc. by guiding it through periods of significant wartime growth, preparing it for defense budget reductions, and clearly establishing it as a major and leading defense company in the United States,” said The Honorable Michael Chertoff, chairman of the Board for BAE Systems, Inc. “Linda has left her mark on the company, its workforce and the entire industry, and I’m pleased she will continue to contribute to the success of the company through her extended service on the BAE Systems, Inc. board.”
“I want to thank Linda for her many contributions to the company,” said Ian King, chief executive at BAE Systems plc. “She has led the transformation of BAE Systems, Inc. by streamlining the organization, reducing costs, increasing efficiency and speed to market, and diversifying the company’s portfolio of products and services. She has done this while leading a culture change with a focus on delivering strong business performance and efficiency.”
Hudson, 62, joined BAE Systems, Inc. in 2007 as president of its Land & Armaments operating group. Prior to joining BAE Systems, she was an officer and vice president of the General Dynamics Corporation, and was president of General Dynamics Armament and Technical Products. Earlier, she held a variety of senior management positions in engineering, production operations, program management and business development during a period of significant consolidation in the defense industry. Beginning her career with the Harris Corporation and Ford Aerospace, Hudson then led organizations at Martin Marietta through the Lockheed Martin merger and a subsequent divestiture to General Dynamics.