Huntington Ingalls Industries, Inc. (HII, Financial) has announced significant leadership changes effective January 1, 2025. Kara R. Wilkinson has been elected by the Board of Directors to serve as Executive Vice President and President of Newport News Shipbuilding, succeeding Jennifer R. Boykin, who will retire from the position. Ms. Wilkinson is currently the Executive Vice President and President of Ingalls Shipbuilding.
In conjunction with her new role, Ms. Wilkinson's annual base salary will be increased from $545,000 to $625,000, effective January 1, 2025. Other aspects of her compensation will remain largely unchanged. For more details on Ms. Wilkinson’s compensation, investors can refer to the "Compensation Discussion and Analysis" section in the company's Definitive Proxy Statement for the 2024 Annual Meeting of Stockholders.
Additionally, Brian D. Blanchette has been elected to succeed Ms. Wilkinson as Executive Vice President and President of Ingalls Shipbuilding. Mr. Blanchette is currently serving as Vice President of Quality and Engineering at Ingalls Shipbuilding.
These strategic appointments are part of Huntington Ingalls Industries' ongoing efforts to strengthen its leadership team and ensure continued success in its shipbuilding operations.
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