
BAE Systems, Inc. on Tuesday said that CEO Jerry DeMuro will step aside next April 1 and be succeeded by Tom Arsenault, the current president and chief operating officer (COO) of the U.S.-based international defense and aerospace company of Britain’s BAE Systems plc. DeMuro, 63, will move to the new role of executive vice president of Strategic Initiatives and continue to serve on the board of BAE Systems, Inc. "In this new role, he will provide advice and counsel to…