logo
Plus   Neg
Share
Email

BAE Systems, Inc. Elects Michael Chertoff As Chairman Of Board For 3-yr Term

BAE Systems Inc. said former Secretary of Homeland Security and current board member Michael Chertoff was elected as the new Chairman of the BAE Systems, Inc. Board of Directors for a three-year term beginning May 1. He succeeds Anthony Zinni, whose term as Chairman of the BAE Systems, Inc. Board of Directors concludes this month. Zinni will remain as an outside director on the board through April 2014.

BAE Systems, Inc., a U.S. corporation, operates under a Special Security Agreement among the U.S. Government, BAE Systems, Inc. and BAE Systems plc (BA.L).

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Billionaire entrepreneur Elon Musk on Thursday showed off his concept for the Loop, a high-speed underground public transportation system that will carry up to 16 people and travel at 150 miles per hour. At the Boring Company Information Session, Musk and project leader Steve Davis provided details of the underground mass transit tunnels that the Boring Co. plans to build beneath Los Angeles. Raden has become the second smart luggage company to shut down this month after major U.S. airlines banned smart luggage with non-removable batteries earlier this year. In a statement on its website, Raden said that it is no longer in operation and that all existing shipments have been processed for delivery. The company is shuttering after three years of operation. Shares of AstraZeneca were losing around 2 percent in the London trading after the British drug major reported Friday lower profit in its first quarter amid weak margin, despite growth in product sales. Further, the company reiterated its outlook for fiscal 2018. The level of Externalisation Revenue, divestment timing and investment in launches impacted the overall results.
Follow RTT