HII Appoints Steve Powell as New Vice President and Treasurer
HII Welcomes Steve Powell as Corporate Vice President and Treasurer
HII, a leading global defense provider, has made a significant announcement regarding its corporate leadership. Steve Powell, who has been an integral part of HII's finance team, will step into the role of Corporate Vice President and Treasurer. This change will take effect on January 1, 2025, as the company prepares for a new chapter under Powell’s guidance.
Transition and Future Responsibilities
Steve Powell currently serves as the assistant treasurer for banking and capital markets. His extensive background and expertise make him the ideal candidate to succeed D.R. "Rick" Wyatt, who is set to retire after more than forty years with HII. Powell’s new role will encompass a wide range of responsibilities, including overseeing banking relationships, corporate finance, and risk management. This leadership position also involves directing capital structure strategies and managing short-term investments.
Leadership Praise for Rick Wyatt
Tom Stiehle, Executive Vice President and Chief Financial Officer of HII, expressed immense gratitude for Wyatt's contributions, noting that Rick is among the original corporate officers who helped shape HII. Stiehle highlighted that Powell's journey within HII, particularly his time since the company’s spin-off from Northrop Grumman, equips him with unique insights and a deep understanding of corporate operations that will play a vital role in his upcoming responsibilities.
Steve Powell's Professional Journey
Joining HII in 2011, Powell has built a commendable reputation within the Treasury Department. His previous experiences at Lockheed Martin and Martin Marietta further enhance his qualifications. Powell’s educational background includes a bachelor’s degree in chemistry, with additional studies in finance and economics from St. Lawrence University, as well as a Master of Business Administration from Virginia Tech.
HII’s Strategic Direction
HII's mission is clear: to provide the nation with robust defense solutions and powerful naval ships, strengthening the country’s security capabilities. With a storied history exceeding 135 years, HII remains committed to advancing technologies across domains, including cyber, artificial intelligence, and unmanned systems. The company, with a dedicated workforce of 44,000, looks forward to the contributions Powell will bring in his new role.
Contact Information for Further Inquiries
For inquiries regarding this leadership transition or HII’s various initiatives, interested parties can reach out to Danny Hernandez at (202) 264-7143 or via email at Danny.J.Hernandez@hii-co.com. The HII team is eager to continue engaging with stakeholders and partners as they transition to this new corporate structure.
Frequently Asked Questions
Who is Steve Powell?
Steve Powell is the newly appointed Corporate Vice President and Treasurer of HII, effective January 1, 2025.
What responsibilities will Powell have in his new role?
Powell will oversee banking, corporate finance, risk management, capital structure, and other treasury operations.
Who did Steve Powell succeed at HII?
Powell succeeds D.R. "Rick" Wyatt, who is retiring after over 40 years with the company.
What is HII's mission?
HII's mission is to deliver advanced defense solutions and powerful ships, thereby enhancing national security.
How can I contact HII for further questions?
For inquiries, you can contact Danny Hernandez at (202) 264-7143 or email Danny.J.Hernandez@hii-co.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
Related Articles
- SUPCON Showcases Innovative Solutions at KIOGE 2024
- TCL CSOT Showcases Cutting-Edge MicroLED Technology
- Market Movements Ahead: Consumer Spending and Inflation Trends
- Thailand's Pension Fund Allocates $11.6 Billion for Global Assets
- Quality Collision Group Collaborates on New Body Shop Project
- Tencent Music Showcases Commitment to Sustainability with ESG
- AIRAmed and Memory Treatment Centers Collaborate on Alzheimer’s Research
- Vantage Foundation and V&A Solution Create Joyful Learning Event
- Vantage Foundation and V&A Solution Host Enriching Children's Event
- Fire Incident Disrupts Operations at Major Port After Truck Crash
Recent Articles
- Five Below Investors Urged to Join Securities Class Action
- Music Licensing, Inc. Celebrates New Royalties from Listerine
- Tokyo Smoke's Strategic Restructuring to Ensure Future Success
- Giga Metals CEO Mark Jarvis to Share Insights at Virtual Conference
- Illinois Central Bus Company Teamsters Celebrate New Contract
- Cameco Corporation: Key Developments Influencing Stock Movement
- Ethereum Whale's $13M Loss Sparks Questions on Future Trades
- Insights into Options Trading Activity for Costco Wholesale
- Understanding Recent Bullish Trends in Affirm Holdings' Options
- Transforming Fashion: The Show Miami Redefines Industry Standards
- Understanding Recent Options Activity in United Airlines
- Join the Voting for A+FCU's $10,000 Community Donations
- Matthew Perry's Final Real Estate Deal Faces Price Drop
- Milliman's Latest Insights: Public Pension Funds Surge to 82%
- FedEx's Disappointing Earnings Report: Analysts Predict Risks Ahead
- CyberArk Software Poised for Profitable Growth Amid Analyst Optimism
- Uncovering Mastercard's Remarkable Growth Over a Decade
- The Incredible Growth of Equinix Stock Over Ten Years
- Teamsters Local 179 Members Achieve Significant Contract Gains
- Volar Air Mobility Teams Up with Exim Finance for Eco-Friendly Aviation
- Apellis Pharmaceuticals Maintains Positive Outlook Despite Setbacks
- Collaborative Initiative to Bring Electricity to Millions in Africa
- Performant Financial Corp (PFMT) Achieves Major Stock Milestone
- Novo Nordisk: Navigating New Challenges in Obesity Treatments
- Retractable Technologies Inc. Stock Hits New Low, What’s Next?
- Barclays Sets High Expectations for Constellation Energy Stock
- Danish Stocks Face Decline as Key Sectors Struggle in Trade
- Airbus A321XLR Delivery Delays: What to Expect This October
- Current Situation of Turkish Stocks: BIST 100 Analysis
- Polish Market Faces Declines as WIG30 Index Sees Drop
- House of Representatives Moves to Repeal EPA Emission Standards
- FedEx Faces Financial Turmoil Amid Economic Concerns
- Understanding Voting Rights and Share Capital of Renault S.A.
- Onconetix, Inc. Unveils Reverse Stock Split and Shareholder Decisions
- Cargotec Corporation's Recent Share Buyback Activity Explained
- Exploring Nyrstar NV's Recent Financial Updates for H1 2024
- HII Appoints Steve Powell as New Corporate Vice President
- Sogeclair's Current Voting Rights and Share Capital Overview
- Insight into OSB Group’s Leadership Financial Transitions
- Collaborative Humanitarian Efforts by NPL and Partners in PNG
- Ageas and Amundi SA Shareholding Update: Key Insights
- Exploring Ball's Momentum Stock Potential: Invest Now?
- Impact of Palantir and Dell's S&P 500 Inclusion on Stock Trends
- Market Insights: Understanding Whales' Moves on AMD Stock
- Explore the Comprehensive Certificate in Employee Relations Law
- Recent Trends in Options Activity for Occidental Petroleum OXY
- Exploring OnDeck Asset Securitization Trust IV Ratings Assignment
- Understanding the Buzz Around Salesforce's Recent Options Trends
- Comprehensive Insights on Employee Benefits Law Seminar
- Impact of Demographics on Stock Market Trends and Returns