{"id":403073,"date":"2020-12-18T16:18:16","date_gmt":"2020-12-18T21:18:16","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=403073"},"modified":"2020-12-18T16:18:16","modified_gmt":"2020-12-18T21:18:16","slug":"photo-release-huntington-ingalls-industries-announces-two-senior-executive-team-organizational-changes","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/photo-release-huntington-ingalls-industries-announces-two-senior-executive-team-organizational-changes\/","title":{"rendered":"PHOTO RELEASE \u2014 Huntington Ingalls Industries Announces Two Senior Executive Team Organizational Changes"},"content":{"rendered":"
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NEWPORT NEWS, Va., Dec. 18, 2020 (GLOBE NEWSWIRE) — Huntington Ingalls Industries announced today that Christopher D. Kastner, executive vice president and HII\u2019s chief financial officer, has been promoted to a new position of executive vice president and chief operating officer. Additionally, Thomas E. Stiehle, vice president and HII\u2019s Ingalls Shipbuilding division CFO, has been promoted to executive vice president and CFO and will replace Kastner. Both Kastner and Stiehle will report directly to HII President and CEO Mike Petters. The changes are effective Feb. 12, 2021.<\/p>\n

\u201cThese changes are being made to signal our continued and strong commitment to performance and execution, to better reflect the business dynamics associated with our historic $45 billion backlog, and in recognition of the importance of the Navy\u2019s new long-range shipbuilding plan,\u201d Petters said. \u201cChris brings a deep understanding of our business that will enable him to make positive impacts immediately. Tom is the right addition to our senior executive team with a strong financial background that will create value for all of our constituents including our customers and shareholders.\u201d<\/p>\n

In Kastner\u2019s new role, he will oversee the company\u2019s three operating divisions and will work closely with the division presidents to drive execution on HII\u2019s historic backlog. Prior to his current position, Kastner served as HII\u2019s corporate vice president and general manager, Corporate Development, and was responsible for strategy and development activities. Before then he served as vice president and CFO for Ingalls Shipbuilding; as vice president, business management, and CFO for Northrop Grumman Shipbuilding-Gulf Coast; and as vice president, contracts and risk management, for Northrop Grumman Ship Systems. Kastner has a bachelor\u2019s degree in political science from the University of California at Santa Barbara and an MBA from Pepperdine University.<\/p>\n

In Stiehle\u2019s new role, he will be responsible for directing HII\u2019s corporate strategy and processes in support of business growth and profitability goals. He will also have responsibility for corporate business management functions, including investor relations, treasury, internal audit, contracts, accounting, financial reporting, planning and analysis, rates and budgets, and mergers and acquisition. Prior to his current role, he served as vice president, Contracts and Pricing, for Ingalls and was responsible for estimating, pricing, contract negotiations and administration. Prior to joining HII in 2011, Stiehle worked for Northrop Grumman, Aerospace Sector, for 24 years. Stiehle received a bachelor\u2019s degree in mechanical engineering from Hofstra University. He also earned an MBA from Adelphi University and a master\u2019s in acquisition and contract management from Florida Institute of Technology.<\/p>\n

Photos accompanying this release are available at: https:\/\/newsroom.huntingtoningalls.com\/releases\/kastner-stiehle-senior-leadership<\/a>.<\/p>\n

Huntington Ingalls Industries is America\u2019s largest military shipbuilding company and a provider of professional services to partners in government and industry. For more than a century, HII\u2019s Newport News and Ingalls shipbuilding divisions in Virginia and Mississippi have built more ships in more ship classes than any other U.S. naval shipbuilder. HII\u2019s Technical Solutions division supports national security missions around the globe with unmanned systems, defense and federal solutions, and nuclear and environmental services. Headquartered in Newport News, Virginia, HII employs more than 42,000 people operating both domestically and internationally. For more information, visit:<\/p>\n