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Wesley G. Bush

From Wikipedia, the free encyclopedia
American corporate executive
Wesley G. Bush
EducationMassachusetts Institute of Technology
Occupation(s)Systems engineer, business executive
Employer(s)General Motors, Cisco, Northrop Grumman
TitleDirector, Chairman
SpouseNatalie Bush
Children3

Wesley G. Bush is an Americansystems engineer and business executive. He is the former CEO and chairman ofNorthrop Grumman, and he is currently a director ofGeneral Motors, Dow Inc., andCisco.

Bush was raised inMorgantown, West Virginia.[1][2] He has bothBachelor of Science andMaster of Science degrees inelectrical engineering from theMassachusetts Institute of Technology.[1][3][4] He started work as asystems engineer atTRW Inc. inRedondo Beach, California, in 1987.[5] By the early 2000s, he was president and chief executive of its "British-based aeronautical systems."[5] Northrop bought the company in 2002, and took over his contract.[5]

He was chief operating officer of Northrop Grumman from 2003 to 2006, and chief financial officer from 2005 to 2007.[1] He was appointed its president in May 2006,[1] and in January 2010 became chief executive officer.[1] In the same year he moved its headquarters fromLos Angeles, California toFalls Church, Virginia,[3] to be closer toThe Pentagon and to be more competitive with other companies in the sector.[3] In June 2011 he was appointed chairman.[1] He earned US$10.4 million in 2009, US$22.9 million in 2011,[5] and US$11.70 million in 2012.[4] He resigned as chief executive in July of 2018, and as chairman with effect from July 2019.[6] On June 27th, two weeks prior to his resignation, a scathing independent review outlined the 14-year delay, 19x budget overrun, and numerous human errors made by Northrop Grumman in the construction of theJames Webb Space Telescope, which led to Wes testifying before congress on July 26th.[7]

Bush is on the executive committee of the board of governors of theAerospace Industries Association,[8] and – since 2012 – on the board of directors of theNorfolk Southern Corporation.[9] He is a director ofConservation International, a trustee of theUnited States Naval Academy Foundation,[10][11] and a former trustee of theSmithsonian National Air and Space Museum.[5]

He was inducted into the West Virginia Business Hall of Fame in 2003.[12]

Bush was elected a member of theNational Academy of Engineering in 2015 for engineering leadership in national security.

He is married to Natalie Bush, a nurse.[13] They have three children.[2] With his wife, he endowed a nursing scholarship atWest Virginia University.[14]

References

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  1. ^abcdef"Northrop Grumman Corp (NOC:New York): Wesley G. Bush".Bloomberg Business. RetrievedJanuary 29, 2016.
  2. ^abSquires, Paula C. (March 28, 2014)."Defense contractor plays offense".VirginiaBusiness.com. RetrievedJanuary 29, 2016.
  3. ^abcHennigan, W.J. (January 7, 2010)."New Northrop Grumman CEO Wesley Bush shows why he got the job".The Los Angeles Times. RetrievedJanuary 29, 2016.
  4. ^ab"2012 CEO Compensation: #144 Wesley G Bush".Forbes. RetrievedJanuary 29, 2016.
  5. ^abcde"Profile: Northrop Grumman CEO Wes Bush".Reuters. September 7, 2011. RetrievedJanuary 29, 2016.
  6. ^Robert J. Terry (12 July 2018).Northrop Grumman CEO Wes Bush to step down, reveals transition plan.Washington Business Journal. Accessed March 2019.
  7. ^Roulette, Joey (July 26, 2018)."Northrop CEO grilled by U.S. lawmakers over space telescope".Reuters. RetrievedJune 4, 2024.
  8. ^"BOARD OF GOVERNORS: Executive Committee".Aerospace Industries Association. RetrievedJanuary 29, 2016.[permanent dead link]
  9. ^"Wesley G. Bush".Norfolk Southern Corporation. Archived fromthe original on February 1, 2016. RetrievedJanuary 29, 2016.
  10. ^"Board of Directors".Conservation International. RetrievedJanuary 29, 2016.
  11. ^"Foundation Board of Directors: Wesley G. Bush".United States Naval Academy. RetrievedJanuary 29, 2016.
  12. ^"West Virginia Hall of Fame: Wesley Bush".West Virginia University. Archived fromthe original on February 5, 2016. RetrievedJanuary 29, 2016.
  13. ^"ABOUT OUR TRUSTEES: Natalie Bush".The Potomac School. Archived fromthe original on February 7, 2016. RetrievedJanuary 29, 2016.
  14. ^"Financial Aid Office".West Virginia University. Archived fromthe original on February 5, 2016. RetrievedJanuary 29, 2016.
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