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Business/Financial

Raytheon COO Kennedy Taking Over CEO Role From Swanson In March

By Cal Biesecker

Wednesday, January 15th, 2014

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Raytheon COO Kennedy Taking Over CEO Role From Swanson In March

Raytheon Chairman and CEO Tom Kennedy. Photo: Raytheon

Raytheon [RTN] on Wednesday said its board has elected Thomas Kennedy to be the company’s next CEO effective March 31, succeeding William Swanson, who remains as chairman while the company undergoes the leadership transition. Kennedy, 58, has been Raytheon’s chief operating officer (COO) since April 2013 and led the company’s consolidation last year from six business segments into four. His appointment as COO came a month after Swanson informed the board that he planned to retire in March following his…

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