Posts from ExecutiveBiz for 11/24/2014

Defense Secretary Chuck Hagel to Resign Upon Successor’s Confirmation

Defense Secretary Chuck Hagel will resign from the position when his successor is confirmed by the full Senate, President Barack Obama announced in a news conference Monday morning. Hagel was confirmed for the post in February 2013…

John Pranzatelli, MBDA’s US President, Adds CEO Title

John Pranzatelli, president of the U.S. subsidiary for global missile manufacturer MBDA, has been appointed to CEO and will continue to hold the title of president at the subsidiary — MBDA Inc…

Microsoft Obtains FedRAMP Authorization to Deploy Office 365 at HHS

Microsoft has received a Federal Risk and Authorization Management Program authorization to provide Office 365 products and services that are tailored for government agencies to the Department of Health and Human Services…

Chris Crane: Federal Regulators Green-Light Exelon, Pepco Merger

The Federal Energy Regulatory Commission has cleared Exelon‘s proposed acquisition of power distribution company Pepco Holdings. “FERC’s approval is another step forward toward completing this transaction,” Chris Crane, president and CEO of Exelon, said Friday…

Gregory Hayes Appointed UTC President, CEO

Gregory Hayes, formerly senior vice president and chief financial officer at United Technologies Corp. (NYSE: UTX), has been appointed president and CEO of the aerospace technology conglomerate. UTC said Monday the appointment is effective immediately as Chairman and CEO Louis Chenevert has retired…

Jacobs CEO Craig Martin to Retire, Noel Watson Named Exec Chair

Craig Martin, president and CEO of Jacobs Engineering Group, (NYSE: JEC) plans to retire from the company on Dec. 26 after a 20-year career at the company that included eight years as chief executive. Jacobs said Sunday that the board of directors has appointed Chairman Noel Watson, who led the company as CEO from November 1992 to April 2006, to serve as executive chairman until Jacobs appoints a new CEO…