Raytheon vice president Todd Ernst to lead Corporate Development

“Todd’s expertise in finance, banking and strategy is ideally suited to his expanded role as we continue to position the company for global growth,” said O’Brien. “I want to thank Michael for his solid leadership of our Corporate Development function and congratulate him on an impressive career supporting our overall global growth, competitive advantage and enterprise collaboration goals.”

Ernst has led Raytheon’s Investor Relations since November 2010. He joined Raytheon in January 2010 as director, Competitive Assessment for Corporate Strategy. Previously, he held senior equity analyst positions at Balyasny Asset Management and Neuberger Berman, covering aerospace and defense and other industry sectors. He holds a Bachelor of Arts in History from DePauw University and a Master of Business Administration with an emphasis in Finance and Corporate Strategy from the University of Michigan’s Ross School of Business. He is also a designated Certified Treasury Professional.

Cody has led Corporate Development since June 2009 when he joined Raytheon. He was instrumental in shaping the company’s cyber and technology portfolios, leading 20 acquisitions including Raytheon’s $1.57 billion agreement with Vista Equity Partners to form a new company that combined Websense (a Vista portfolio company) with Raytheon Cyber Products to become what is now Forcepoint. Previously, he served in senior corporate development roles at Ensign-Bickford Industries Inc., Meadowood Capital Ltd, EMC Corporation and United Technologies Corporation. He also held investment banking positions at PricewaterhouseCoopers and Kidder Peabody & Co. Additionally, Cody served as a director on the boards of MTI Technologies Ltd. and Safeguard Scientifics Inc. He holds a Bachelor of Arts in Economics from the University of Massachusetts, and a Master of Business Administration from Columbia UniversityColumbia Business School.

About Raytheon

Raytheon Company, with 2016 sales of $24 billion and 63,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 95 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Massachusetts. Follow us on Twitter.

Investor Relations Contact
Todd Ernst
+1.781.522.5141

Media Contact
Corinne Kovalsky
+1.781.522.5899

SOURCE Raytheon Company

Related Links

http://www.raytheon.com

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About the Author: Bob Cooper

Bob Cooper is Canadian Business Tribune''s senior editor. He is also a nationally syndicated newspaper columnist and a bestselling author. He lives in London Ontario and covers the intersection of money, politics and finance. He appears periodically on national television shows and has been published in (among others) The National Post, Politico, The Atlantic, Harper’s, Wired.com, Vice and Salon.com. He also has served as a journalist and consultant on documentaries for CBC and Global News . In 2014, he was the winner of the Society of American Business Editors and Writers' investigative journalism award, and the winner of the Izzy Award for Journalism from Ithaca College's Park Center for Independent Media. He was also a finalist for UCLA's Gerald R. Loeb Award and Syracuse University's Mirror Award. Before becoming a journalist in 2006, Sirota worked in Washington for, among others, U.S. Rep. Bernie Sanders, the U.S. House Appropriations Committee Minority Staff and the Center for American Progress.