Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Qinetiq names Shawn Purvis as new CEO for US business

17th Jan 2022 10:05

(Alliance News) - QinetiQ Group PLC announced on Monday that Shawn Purvis will take over as president and chief executive officer of QinetiQ US, with effect on February 16.

Purvis is currently corporate vice president at US defence technology firm, Northrop Grumman Corp, where she leads the Enterprise Services sector.

She will join the board of QinetiQ Inc and the company's global leadership team.

"Shawn is the right leader to build our disruptive mid-tier company in the US by supporting and protecting the US warfighter. Shawn's proven leadership skills are perfectly aligned to delivering both our short-term operational and financial performance and realising our long-term ambition to more than double the size of our US business over the next 5 years," said Group CEO Steve Wadey.

Qinetiq's share price rose by 1.7% to 273.60 pence each in London on Monday morning.

By Elizabeth Winter; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


Related Shares:

Qinetiq
FTSE 100 Latest
Value8,809.74
Change53.53