Northrop's Change at the Top: Execution Moves to Center Stage

摘要

Northrop Grumman Corp. will soon have a new chief executive, Ronald D. Sugar, and his agenda will be very different from that of his predecessor, Kent Kresa, whose vision in the early 1990s was to transform what was then "The B-2 Company" into an enterprise built around network-centric warfare―a concept that was still in its embryonic stage a decade ago. The planned succession, effective Apr. 1, was announced last week. Sugar, 54, currently is president and chief operating officer and will retain the position of president. In March, Kresa will reach Northrop's mandatory retirement age (for executives) of 65, but will continue as chairman until Oct. 1, 2003.