L-3 Appoints Heidi Wood as Vice President and Chief Analytics Officer
June 06 2016 - 9:00AM
Business Wire
L-3 Communications (NYSE:LLL) announced today that Heidi Wood
has been appointed vice president and chief analytics officer. In
this newly created position, Ms. Wood will perform operational
analysis and support the company’s business development and merger
and acquisitions strategy, reporting to President and Chief
Operating Officer Christopher E. Kubasik. She will also work with
Senior Vice President and Chief Financial Officer Ralph G.
D’Ambrosio to oversee L-3’s investor relations function. Ms. Wood
joins L-3 from Spirit AeroSystems, where she was responsible for
strategy, mergers and acquisitions and investor relations and
during her three-year tenure implemented key shareholder-focused
and operational initiatives.
“Heidi brings to L-3 a wealth of industry and financial
expertise as well as a reputation for performance that makes her
ideally suited for this multifaceted role,” said Mr. Kubasik. “As
we continue to drive growth, enhance operational excellence and
increase shareholder value, she will be instrumental in executing
new corporate initiatives and working with the financial
community.”
“With a strong track record for building long-standing
relationships with investors, Heidi is an excellent addition to our
leadership team,” said Michael T. Strianese, chairman and chief
executive officer. “Her contributions will enhance our ability to
strengthen L-3’s business and deliver on our long-term strategic
vision.”
Ms. Wood has over two decades of experience working in the
aerospace and defense industry and as a financial analyst for
leading Wall Street banks. Prior to Spirit AeroSystems, she was
managing director and global head of aerospace and defense equity
research at Morgan Stanley, where she built a widely recognized
research franchise and was ranked by “Institutional Investor” as a
leading analyst for 12 consecutive years. Additionally, Ms. Wood
has previously served on the board of the Space Foundation and on
the Presidential Commission on the Future of the U.S. Aerospace
Industry.
Headquartered in New York City, L-3 employs approximately 38,000
people worldwide and is a leading provider of a broad range of
communication and electronic systems and products used on military
and commercial platforms. L-3 is also a prime contractor in
aerospace systems. The company reported 2015 sales of $10.5
billion.
To learn more about L-3, please visit the company’s website at
www.L-3com.com. L-3 uses its website as a channel of distribution
of material company information. Financial and other material
information regarding L-3 is routinely posted on the company’s
website and is readily accessible.
Safe Harbor Statement Under the Private Securities Litigation
Reform Act of 1995Except for historical information contained
herein, the matters set forth in this news release are
forward-looking statements. Statements that are predictive in
nature, that depend upon or refer to events or conditions or that
include words such as “expects,” “anticipates,” “intends,” “plans,”
“believes,” “estimates,” “will,” “could” and similar expressions
are forward-looking statements. The forward-looking statements set
forth above involve a number of risks and uncertainties that could
cause actual results to differ materially from any such statement,
including the risks and uncertainties discussed in the company’s
Safe Harbor Compliance Statement for Forward-Looking Statements
included in the company’s recent filings, including Forms 10-K and
10-Q, with the Securities and Exchange Commission. The
forward-looking statements speak only as of the date made, and the
company undertakes no obligation to update these forward-looking
statements.
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