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Northrop Picks New Chief Accounting Officer

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On Thursday, defense contractor Northrop Grumman (NYSE: NOC  ) announced a pair of shifts in its executive ranks. Vice President, Controller, and Chief Accounting Officer Kenneth L. Bedingfield has been appointed Vice President for Business Management and Chief Financial Officer for the company's Aerospace Systems sector. Taking his place is current CFO for Northrop's Information Systems business Michael Hardesty, who now becomes Chief Accounting Officer for the whole company.

In addition to handling corporate accounting and "ensuring the integrity of the company's financial data and reporting," Hardesty, a nine-year veteran of the company, will now be responsible for providing financial advice to Northrop's senior management, and also to the Audit Committee of the Board of Directors. 


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Rich Smith
TMFDitty

As a defense writer for The Motley Fool, I focus on defense and aerospace stocks. My job? Every day of the week, I'm monitoring the news, figuring out the winners and losers, and tracking down the promising companies for you to invest in. Follow me on Twitter or Facebook for the most important developments in defense & aerospace, and other great stories.

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Related Tickers

9/1/2015 4:04 PM
NOC $159.37 Down -4.37 -2.67%
Northrop Grumman C… CAPS Rating: *****