BAE Systems, Inc. Names Tom Arseneault to Become President & CEO
December 17, 2019 | BAE SystemsEstimated reading time: 1 minute
BAE Systems, Inc. today announced that Tom Arseneault will become president and chief executive officer of BAE Systems, Inc., effective April 1, 2020.
Having served as chief executive officer since 2014, Jerry DeMuro will transition to a new role as executive vice president of Strategic Initiatives and continue to serve on the U.S. organization’s Board of Directors.
Under DeMuro’s leadership, BAE Systems, Inc. navigated protracted defense spending downturns – intensified by sequestration measures, government shutdowns, and macroeconomic pressures – to return to sustainable growth. The company continues to provide market-leading products and services to defense, national security, and commercial customers, and it has built a record-level order backlog.
“I would like to thank Jerry for his outstanding leadership since his appointment in 2014, both as a highly effective member of the Executive team and a valuable contributor to Board discussion and decision making,” commented Sir Roger Carr, Chairman of BAE Systems plc.
“In addition, I look forward to Tom joining the Board in 2020 knowing that his skills, industry experience, and expertise will be important to the delivery of our operational performance and strategic objectives in the years ahead.”
Arseneault is currently president and COO of BAE Systems, Inc., responsible for delivering business and functional performance across the company’s three sectors. This role is the most recent in his 22-year tenure with BAE Systems, having previously held other senior leadership positions at the company, including president of the Electronic Systems sector and executive vice president of BAE Systems’ Product Sectors.
“Tom has extensive experience and a deep commitment to our mission, and his selection represents a natural next step for our leadership team,” said Jerry DeMuro, CEO, BAE Systems, Inc. “Tom knows our business and lives our values, and I’m confident he’s the right person to guide the company into the future and ensure BAE Systems and its dedicated employees continue to thrive and deliver for our customers.”
Suggested Items
Real Time with... IPC APEX EXPO 2024: AI Implementation at Omron
04/18/2024 | Real Time with...IPC APEX EXPOEditor Nolan Johnson and Omron Product Manager Nick Fieldhouse discuss the company's focus on AI implementation to enhance customer experience and results. They address programming challenges and how AI can help customers achieve better outcomes with less experience. Omron's AI is compatible with existing systems, facilitating easy upgrades.
Cadence Unveils Palladium Z3 and Protium X3 Systems
04/18/2024 | Cadence Design SystemsThe Palladium Z3 and Protium X3 systems offer increased capacity, and scale from job sizes of 16 million gates up to 48 billion gates, so the largest SoCs can be tested as a whole rather than just partial models, ensuring proper functionality and performance.
Australian Flow Batteries and The SCHMID Group Announce Groundbreaking Memorandum of Understanding
04/17/2024 | SCHMID GroupAustralian Flow Batteries Pty Ltd (AFB), a leader in innovative energy solutions and economical, safe, and reliable power storage, and SCHMID Energy Systems GmbH a company of the German SCHMID Group, a global technology leader with a rich history in delivering innovative solutions across multiple industries including Electronics, Renewables, and Energy Storage sectors, are thrilled to announce the signing of a Memorandum of Understanding (MoU)
Ansys Joins BAE Systems’ Mission Advantage Program to Advance Digital Engineering Across US Department of Defense
04/16/2024 | ANSYSAnsys announced it is working with BAE Systems, Inc., to accelerate the adoption of digital engineering and MBSE across the Department of Defense (DoD).
Designing Electronics for High Thermal Loads
04/16/2024 | Akber Roy, Rush PCB Inc.Developing proactive thermal management strategies is important in the early stages of the PCB design cycle to minimize costly redesign iterations. Here, I delve into key aspects of electronic design that hold particular relevance for managing heat in electronic systems. Each of these considerations plays a pivotal role in enhancing the reliability and performance of the overall system.