Bueno To Succeed Ramonet as President of General Dynamics European Land Systems

Rhea-AI Summary

General Dynamics (NYSE: GD) announced that Alfonso Ramonet, president of General Dynamics European Land Systems, will retire at the end of March 2023 after 33 years with the company. He will be succeeded by Antonio Bueno, currently serving as CFO and vice president of Finance and IT. Under Ramonet's leadership, the European Land Systems division expanded into seven countries and integrated various sites into a unified business. The company reported $39.4 billion in revenue for 2022 and continues to focus on delivering market-leading products in aerospace, defense, and technology sectors.

Positive

• Antonio Bueno's promotion indicates strong internal succession planning, potentially ensuring stability in leadership.
• General Dynamics continues to showcase growth and market expansion under its current leadership structure.

Negative

• None.

RESTON, Va., March 9, 2023 /PRNewswire/ -- General Dynamics (NYSE: GD) announced today that Alfonso Ramonet, president of General Dynamics European Land Systems, has informed the company of his intent to retire at the end of March 2023.

He will be succeeded by Antonio Bueno, who currently serves as General Dynamics European Land Systems' chief financial officer and vice president of Finance and Information Technology.

"Alfonso Ramonet has served General Dynamics with distinction for 33 years," said Mark C. Roualet, executive vice president for the company's Combat Systems group. "Under his leadership, General Dynamics European Land Systems has expanded its footprint to seven countries, integrating a collection of sites into a unified business that is well positioned to continue delivering market-leading products to our customers."

"Antonio Bueno is a proven leader who is positioned to ensure that General Dynamics European Land Systems continues to deliver strong results while focusing on future growth," Roualet said.

General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 100,000 people worldwide and generated $39.4 billion in revenue in 2022. More information about General Dynamics is available at www.gd.com.  

 

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SOURCE General Dynamics

FAQ

Who will succeed Alfonso Ramonet at General Dynamics?

Antonio Bueno will succeed Alfonso Ramonet as the president of General Dynamics European Land Systems.

When is Alfonso Ramonet retiring from General Dynamics?

Alfonso Ramonet is set to retire at the end of March 2023.

What is General Dynamics' revenue for 2022?

General Dynamics reported a revenue of $39.4 billion for 2022.

How long did Alfonso Ramonet serve at General Dynamics?

Alfonso Ramonet served General Dynamics for 33 years.