Northrop details finance chief transition and others to come
Two of the defense giant's business segments will also have new presidents in place over the summer.
Northrop Grumman is undertaking a new series of changes in its senior executive team highlighted by the pending retirement of its chief financial officer after four years in the role.
The board of directors has elected Kenneth Crews to succeed Dave Keffer on Oct. 1. They will work together on the transition with Keffer's official retirement from the company slated for February 2025, Northrop said Tuesday.
Crews currently works as vice president of business management and CFO for Northrop's space systems segment. A two-decade Northrop veteran, Crews will become vice president of corporate finance on July 1 ahead of his transition to becoming CFO for the entire company.
Keffer joined Northrop in early 2020 and before that was CFO at CSRA for the latter company's entire existence, including the initial launch in 2015 and sale to General Dynamics in 2018. He also held a two-year stint as a general partner at Blue Delta Capital Partners, a government market investment firm.
Northrop also announced that Mark Caylor will retire from the company on July 26 after 22 years there, including the most recent four as president of its mission systems segment.
Roshan Roeder, president of the defense systems segment since October 2022, will move over to the role currently held by Caylor with that move taking effect July 1. Roeder is a 22-year company veteran and a former leader of its airborne multifunction sensors division.
Ben Davies will move up to president of the defense systems segment, also on July 1. He currently works as vice president and general manager for the strategic deterrent systems division, which is in the space systems segment.
Davies is a 26-year company veteran whose prior roles include GM for the networked information solutions division, B-2 program manager and sector chief information officer.