Walt Havenstein departs BAE Systems

Walt Havenstein has just resigned as director and chief operating officer of BAE Systems, plc, and has stepped down as president and CEO of BAE Systems, Inc., a fully-owned subsidiary of the global company. Havenstein’s resignation will take effect Friday, June 26, and he will leave BAE Systems, Inc., this coming September. Meanwhile, BAE reports that

Walt Havenstein

General Anthony Zinni has been appointed acting president and CEO of BAE Systems, Inc..

Havenstein has been credited with successfully implementing BAE Systems’ global strategy and ensuring the growth of its US-based business, BAE Systems, Inc. “Walt has been a valued member of the board and the executive team,” says Dick Olver, chairman of BAE Systems.

So, what now for Havenstein? An unnamed source tells The Wall Street Journal that Havenstein is set to head on over to SAIC. Meanwhile, sources exclusive to ExecutiveBiz tell us that Havenstein’s possible new role is “close” but “not a done deal yet.” SAIC, for its part, has made no announcement. We’ll keep you posted.

Posted by Staff Writer on Monday, June 22nd, 2009. Filed under General. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry