David Abney Joins Northrop Grumman Board of Directors

Rhea-AI Summary

Northrop Grumman Corporation (NYSE: NOC) has elected David Abney to its board of directors. Abney, former CEO and executive chairman of UPS, brings extensive experience in global logistics and operations. Northrop Grumman's CEO, Kathy Warden, highlighted Abney's leadership as a significant asset for the company's long-term growth strategy. Abney's past roles include chief operating officer at UPS and president of UPS International. He is also involved with Macy's, Inc. and Catalyst, an organization promoting women in leadership.

Positive

• David Abney brings valuable experience in global logistics and management.
• Abney's addition to the board is expected to enhance strategic growth initiatives.

Negative

• None.

FALLS CHURCH, Va., June 10, 2020 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced it has elected David Abney to its board of directors. Abney is the executive chairman of the UPS board of directors, and served as the chief executive officer of UPS from 2014 until May 2020.

“David is an accomplished and respected business leader and is a great addition to our board,” said Kathy Warden, chairman, chief executive officer and president, Northrop Grumman. “His experience leading a complex, global business will be extremely valuable as we continue to position our company for long-term growth.”

Abney served as UPS’s chief operating officer prior to becoming chief executive officer, overseeing all facets of UPS's global transportation network. Prior to this, he was president of UPS International, where he led the company's growth in its global logistics capabilities.

Abney also serves on the board of Macy's, Inc. and the board of Catalyst, an organization working to accelerate and advance women into senior leadership and board positions. He also serves as a Trustee of The UPS Foundation and the Annie E. Casey Foundation.

Northrop Grumman solves the toughest problems in space, aeronautics, defense and cyberspace to meet the ever evolving needs of our customers worldwide. Our 90,000 employees define possible every day using science, technology and engineering to create and deliver advanced systems, products and services.

30%; border-collapse:collapse !important;">

Contact:			Tim Paynter
			703-280-2720 (office)
			571-835-0771 (mobile)
			Timothy.Paynter@ngc.com

           

FAQ

Who is David Abney and what is his role at Northrop Grumman?

David Abney is the newly elected board member at Northrop Grumman, bringing significant leadership experience from his tenure as CEO at UPS.

What experience does David Abney have that benefits Northrop Grumman?

Abney has extensive experience in global logistics and business operations, previously serving as CEO of UPS and overseeing its international growth.

When was David Abney elected to the Northrop Grumman board?

David Abney was elected to Northrop Grumman's board of directors on June 10, 2020.

What impact is expected from Abney's election on Northrop Grumman's growth?

His leadership experience is anticipated to strengthen Northrop Grumman's strategic initiatives for long-term growth.