Rocket Lab Appoints Chief Operations Officer to Support Company Growth
Rocket Lab USA, Inc. (Nasdaq: RKLB) has appointed Frank Klein as its new Chief Operations Officer (COO), effective September 16th, 2024. Klein brings over 30 years of international manufacturing experience, primarily in the automotive industry. He will lead Rocket Lab's efforts to scale manufacturing of spacecraft, launch vehicles, and components to meet growing customer demand, with a backlog exceeding $1 billion.
Klein's extensive experience includes 27 years at Daimler AG, leadership roles at Mercedes-Benz, and serving as President of Magna Steyr AG. Most recently, he was COO at Rivian Automotive. Rocket Lab CEO Peter Beck emphasized Klein's expertise in lean manufacturing and scaling operations as important for the company's growth as an end-to-end space company.
Rocket Lab USA, Inc. (Nasdaq: RKLB) ha nominato Frank Klein come nuovo Chief Operations Officer (COO), con effetto dal 16 settembre 2024. Klein porta con sé oltre 30 anni di esperienza internazionale nella manifattura, principalmente nel settore automobilistico. guiderà gli sforzi di Rocket Lab per aumentare la produzione di veicoli spaziali, razzi e componenti per soddisfare la crescente domanda dei clienti, con un portafoglio ordini che supera i $1 miliardo.
La vasta esperienza di Klein include 27 anni in Daimler AG, ruoli di leadership in Mercedes-Benz e la carica di Presidente di Magna Steyr AG. Recentemente, è stato COO di Rivian Automotive. Il CEO di Rocket Lab, Peter Beck, ha sottolineato che l'expertise di Klein nella manifattura snella e nella scalabilità delle operazioni è fondamentale per la crescita dell'azienda come società spaziale completa.
Rocket Lab USA, Inc. (Nasdaq: RKLB) ha nombrado a Frank Klein como su nuevo Director de Operaciones (COO), con efecto a partir del 16 de septiembre de 2024. Klein aporta más de 30 años de experiencia internacional en fabricación, principalmente en la industria automotriz. Dirigirá los esfuerzos de Rocket Lab para escalar la producción de naves espaciales, vehículos de lanzamiento y componentes para satisfacer la creciente demanda de los clientes, con una cartera de pedidos que supera los $1 mil millones.
La amplia experiencia de Klein incluye 27 años en Daimler AG, roles de liderazgo en Mercedes-Benz y como Presidente de Magna Steyr AG. Más recientemente, fue COO de Rivian Automotive. El CEO de Rocket Lab, Peter Beck, enfatizó que la experiencia de Klein en manufactura esbelta y escalamiento de operaciones es crucial para el crecimiento de la empresa como una compañía espacial integral.
로켓랩 USA, Inc. (나스닥: RKLB)는 프랭크 클라인을 새로운 최고 운영 책임자(COO)로 임명했다고 발표했습니다. 임기는 2024년 9월 16일부터 시작됩니다. 클라인은 주로 자동차 산업에서 30년 이상의 국제 제조 경험을 보유하고 있습니다. 그는 고객의 증가하는 수요를 충족하기 위해 우주선, 발사체 및 부품의 제조 규모를 확대하기 위한 로켓랩의 노력을 이끌 것입니다. 현재의 수주 잔고는 10억 달러를 초과합니다.
클라인의 폭넓은 경험에는 다임러 AG에서의 27년, 메르세데스-벤츠에서의 리더십 역할, 그리고 마그나 스테이어 AG의 회장직이 포함됩니다. 최근에는 리비안 오토모티브에서 COO로 근무했습니다. 로켓랩의 CEO인 피터 벡은 클라인의 린 제조 및 운영 확대에 대한 전문성이 회사의 전반적인 성장에 있어 매우 중요하다고 강조했습니다.
Rocket Lab USA, Inc. (Nasdaq: RKLB) a nommé Frank Klein comme nouveau Directeur des opérations (COO), à compter du 16 septembre 2024. Klein apporte plus de 30 ans d'expérience internationale dans la fabrication, principalement dans l'industrie automobile. Il dirigera les efforts de Rocket Lab pour augmenter la production de vaisseaux spatiaux, de véhicules de lancement et de composants afin de répondre à la demande croissante des clients, avec un carnet de commandes dépassant 1 milliard de dollars.
L'expérience étendue de Klein comprend 27 ans chez Daimler AG, des rôles de direction chez Mercedes-Benz et la présidence de Magna Steyr AG. Plus récemment, il était COO chez Rivian Automotive. Le PDG de Rocket Lab, Peter Beck, a souligné que l'expertise de Klein dans la fabrication lean et l'extension des opérations est essentielle pour la croissance de l'entreprise en tant que société spatiale intégrale.
Rocket Lab USA, Inc. (Nasdaq: RKLB) hat Frank Klein als neuen Chief Operations Officer (COO) ernannt, der am 16. September 2024 sein Amt antreten wird. Klein bringt über 30 Jahre internationale Erfahrung in der Fertigung mit, hauptsächlich in der Automobilindustrie. Er wird die Bemühungen von Rocket Lab leiten, die Produktion von Raumfahrzeugen, Trägerraketen und Bauteilen auszuweiten, um der wachsenden Kundennachfrage gerecht zu werden, mit einem Auftragsbestand von über 1 Milliarde Dollar.
Kleins umfangreiche Erfahrung umfasst 27 Jahre bei Daimler AG, Führungsrollen bei Mercedes-Benz und die Position des Präsidenten von Magna Steyr AG. Zuletzt war er COO bei Rivian Automotive. Rocket Lab CEO Peter Beck betonte, dass Kleins Fachwissen in schlanker Produktion und beim Betriebsausbau für das Wachstum des Unternehmens als umfassendes Raumfahrtunternehmen entscheidend ist.
- Appointment of experienced COO with 30+ years in manufacturing
- Over $1 billion in backlog orders indicating strong demand
- Potential for improved operational efficiency and scaling capabilities
- Strategic move to support increased Electron launch and production cadence
- Strengthening of satellite and space systems divisions
- None.
Rocket Lab's new Chief Operations Officer, Frank Klein. (Photo: Business Wire)
Frank Klein joins Rocket Lab with more than 30 years of international manufacturing experience and leadership in the automotive industry. At Rocket Lab, Mr. Klein will lead the Company’s efforts to scale manufacturing of spacecraft, launch vehicles, and spacecraft components to meet growing customer demand of more than a billion dollars of backlog orders.
Prior to joining the Rocket Lab team, Mr. Klein served Daimler AG (now Mercedes-Benz Group) for 27 years where he led various business divisions including Vehicle Research, Trucks, Cars, and Van manufacturing. While Vice President of Mercedes-Benz Vans Operations, Mr. Klein managed global production across 12 production sites, heading up logistics, industrial engineering, and the division’s quality department, with responsibility for more than 14,000 employees globally.
Mr. Klein also served as President of Magna Steyr AG, the automotive industry’s largest independent contract manufacturer with an annual turnover of more than
Rocket Lab Founder and CEO, Sir Peter Beck, says: “Frank is an experienced and seasoned leader in manufacturing and global operations who will bring vision and a strong wealth of knowledge in lean manufacturing and scaling to Rocket Lab at a pivotal time in our evolution as an end-to-end space company. I’m excited to have him join the team and support our increased Electron launch and production cadence, operationalize Neutron, and strengthen our satellite and space systems divisions.”
Mr. Klein says: “I’m incredibly excited about Rocket Lab. This is an opportunity to leverage my deep experience and industry knowledge to cement efficient operations at the foundation of the Company’s scale and growth. I am very much looking forward to joining the Rocket Lab team and bringing the best in production and operations practice from the automotive industry and applying it to this innovative and fast-paced company leading the future of aerospace.”
Mr. Klein holds a Master's Degree in Electrical and Industrial Engineering from Baden-Wuerttemberg Cooperative State University Stuttgart and a bachelor's degree in Business Administration from FernUniversität in Hagen.
+ About Rocket Lab
Founded in 2006, Rocket Lab is an end-to-end space company with an established track record of mission success. We deliver reliable launch services, satellite manufacture, spacecraft components, and on-orbit management solutions that make it faster, easier, and more affordable to access space. Headquartered in
+ Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding our launch and space systems operations, launch schedule and window, safe and repeatable access to space, Neutron development, operational expansion and business strategy are forward-looking statements. The words “believe,” “may,” “will,” “estimate,” “potential,” “continue,” “anticipate,” “intend,” “expect,” “strategy,” “future,” “could,” “would,” “project,” “plan,” “target,” and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including but not limited to the factors, risks and uncertainties included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2023, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (the “SEC”), accessible on the SEC’s website at www.sec.gov and the Investor Relations section of our website at www.rocketlabusa.com, which could cause our actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240910807125/en/
+ Rocket Lab Media Contact
Murielle Baker
media@rocketlabusa.com
Source: Rocket Lab USA, Inc.
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