Northrop Grumman CEO Wes Bush to step down

Northrop Grumman chairman and CEO Wes Bush announced on Thursday he will step down as CEO effective Jan. 1, but will remain chairman through July 2019.

Kathy Warden, who currently acts as company president and COO of the global security company, has been selected by the board to fill the role vacated by Bush in January. The board has also elected Warden to serve as a member of the board, effective immediately.

Warden joined Northrop Grumman in 2008, working her way up in the company from vice president and general manager of the company’s cybersecurity business to president of the Mission Systems sector, and, finally as president and COO.

This story is developing. Please check back for updates.

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