Mercury Systems announces appointment of Steve Ratner as senior vice president and chief human resources officer

Rhea-AI Summary

Mercury Systems, Inc. has appointed Steve Ratner as senior vice president and chief human resources officer, effective May 2, 2022. Ratner brings over 20 years of HR leadership experience, previously working at Raytheon Missiles & Defense with extensive expertise in HR strategy and employee engagement. His appointment aims to enhance the company’s team-building capabilities, ensuring that Mercury can attract and retain top talent while fostering a strong organizational culture. President Mark Aslett expressed confidence in Ratner's leadership to drive growth and innovation.

Positive

• Steve Ratner brings over 20 years of HR leadership experience, which may enhance talent acquisition and development.
• Ratner's previous role at Raytheon Missiles & Defense suggests strong background in HR strategy, beneficial for Mercury's growth.

Negative

• Concerns about continuity in HR leadership with Ratner's transition, as he moves from a large organization to Mercury.

ANDOVER, Mass., March 31, 2022 (GLOBE NEWSWIRE) -- Mercury Systems, Inc., (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, today announced that Steve Ratner will join the Company as senior vice president and chief human resources officer, effective May 2, 2022. Reporting to president and chief executive officer Mark Aslett, Mr. Ratner will be focused on building a world-class team and supporting the business in its pursuit of growth and scale.

“I am delighted to welcome Steve to the executive team,” said Aslett. “He’s a proven leader with the experience and vision to help us attract, retain, and develop the best team in the industry while building on a culture grounded in our purpose, Innovation That Matters, By and For People Who Matter.”

Mr. Ratner brings more than 20 years of human resources leadership experience with extensive HR strategy, compensation, and employee engagement expertise. Previously, he was vice president of Human Resources for Raytheon Missiles & Defense, a Raytheon Technologies business segment with approximately $16 billion in annual revenues and over 30,000 employees worldwide. Prior to that, he was vice president of human resources and security at Raytheon Integrated Defense Systems. He has held numerous HR leadership positions throughout his career.

“I’m excited to join Mercury’s exceptional team and contribute to such a dynamic and people-focused company,” added Mr. Ratner. “I am dedicated to the customers we serve and share Mercury’s passion for creating a world that is a safer, more secure place for all and will ensure that our people strategy supports our pursuit of that vision.”

Mr. Ratner holds a master’s degree in human resources and industrial relations from the University of Illinois at Urbana-Champaign and a bachelor’s degree in psychology from the University of Florida.

Mercury envisions, creates, and delivers innovative technology solutions purpose-built to meet its customers’ most pressing high-tech needs. For more information, visit mrcy.com or contact Mercury at (866) 627-6951 or info@mrcy.com.

Mercury Systems – Innovation That Matters®
Mercury Systems is a global commercial technology company serving the aerospace and defense industry. Headquartered in Andover, Mass., the Company delivers trusted, secure open architecture processing solutions powering a broad range of mission-critical applications in the most challenging and demanding environments. Inspired by its purpose of delivering Innovation that Matters, By and For People Who Matter, Mercury helps make the world a safer, more secure place for all. To learn more, visit mrcy.com, or follow us on Twitter.

CONTACT
Robert McGrail
Director, Corporate Communications
Mercury Systems, Inc.
+1 978-967-1366
robert.mcgrail@mrcy.com

Mercury Systems and Innovation That Matters are registered trademarks of Mercury Systems, Inc. Other product and company names mentioned may be trademarks and/or registered trademarks of their respective holders.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ab7190df-ee43-48cc-bc63-70d126892dd9

FAQ

What is the significance of Steve Ratner's appointment as HR Chief at Mercury Systems?

Steve Ratner's appointment is significant as he brings extensive HR leadership experience, which is crucial for supporting Mercury Systems' growth and talent management strategies.

When does Steve Ratner start his role at Mercury Systems?

Steve Ratner is set to begin his role as senior vice president and chief human resources officer on May 2, 2022.

What experience does Steve Ratner have prior to joining Mercury Systems?

Before joining Mercury Systems, Steve Ratner was vice president of Human Resources for Raytheon Missiles & Defense, bringing over 20 years of HR leadership experience.

How might Steve Ratner's leadership impact Mercury Systems?

Ratner's leadership could positively impact Mercury Systems by enhancing the company's ability to attract and develop talent while supporting its growth strategy.