
Aerojet Rocketdyne said on Monday that President and CEO Scott Seymour plans to retire after five years leading the rocket engine company and has been succeeded immediately by Eileen Drake, the company’s chief operating officer.Drake, 48, joined Aerojet Rocketdyne in March from United Technologies Corp. [UTX], where she was president of Pratt & Whitney AeroPower’s auxiliary power unit and small turbojet propulsion business.“Scott Seymour has enjoyed an exceptionally distinguished career, most recently focusing his strategic leadership and extensive knowledge of…