BAE Systems' Havenstein To Become CEO Of SAIC - Source
June 22 2009 - 8:50AM
Dow Jones News
The head of BAE Systems PLC's (BA.LN) U.S. subsidiary has quit
to become chief executive of U.S. defense contractor SAIC Inc.
(SAI), according to a person familiar with the matter.
A spokeswoman for SAIC said only that the San Diego, Calif.,
company didn't plan to make any announcements Monday.
Walt Havenstein, 59 years old, will step down as president and
chief executive of BAE Systems Inc. June 26 and will leave the
company Sept. 20, BAE Systems said. He steps down as a director
immediately. Havenstein has worked at BAE Systems for 10 years.
Gen. Anthony Zinni has been appointed chairman of BAE Systems
Inc.'s board, where he currently serves as a director, and as
acting president and CEO, pending the appointment of a permanent
successor to Havenstein, BAE Systems said.
-By Jonathan Buck, Dow Jones Newswires; +44 (0)207 842 8237;
jonathan.buck@dowjones.com