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Northrop Grumman [NOC] yesterday said its Board of Directors has elected Charles Noski, 51, to be its next chief financial officer (CFO) beginning Dec. 1, succeeding Richard Waugh, 60, who has decided to retire.
Noski, a Northrop Grumman Board member since last December, has twice been a CFO before, first with Hughes Electronics Corp. [GMH] from 1992 until he 1999 when he joined AT&T [ATT] as its finance chief. He retired from AT&T in Nov. 2002 as CFO and vice chairman of the Board.
Noski sees his challenges as...