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Northrop Grumman CEO Ronald Sugar retiring

Published: September 16, 2009 6:45 PM
By The Associated Press  DONNA BORAK (AP Business Writer)

Quick ReadNorthrop Grumman Chairman, CEO Ronald Sugar retiring; Wes Bush to become CEO effective Jan. 1

WASHINGTON (AP) — Northrop Grumman Corp. said Wednesday Ronald Sugar will step down as chairman and CEO at the end of the year, ahead of his retirement in June 2010.

Sugar, 61, will be succeeded as CEO by Northrop President and Chief Operating Officer Wesley G. Bush, 48, effective Jan. 1. Sugar will serve as chairman emeritus starting Jan. 1 and will continue to advise the company through...

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