Northrop Grumman Elects Michael Hardesty Corporate Vice President, Controller
and Chief Accounting Officer
FALLS CHURCH, Va., Feb. 7, 2013
FALLS CHURCH, Va., Feb. 7, 2013 /PRNewswire-FirstCall/ -- Northrop Grumman
Corporation (NYSE: NOC) announced today that its board of directors has
elected Michael Hardesty corporate vice president, controller and chief
accounting officer, effective immediately. He will report to James F. Palmer,
corporate vice president and chief financial officer (CFO). Hardesty replaces
Kenneth L. Bedingfield, who has been appointed vice president, business
management and CFO for the company's Aerospace Systems sector.
A photo accompanying this release is available at
"Michael Hardesty is a seasoned financial executive with strong public
accounting experience," Palmer said. "His broad experience, both within
Northrop Grumman and in public accounting, will contribute significantly to
his leadership of the company's accounting policies and operations, as well as
our drive to deliver top performance and value for our shareholders, customers
In his role as controller and chief accounting officer, Hardesty will serve as
a financial advisor to senior management and the audit committee of the board
of directors. He will lead all aspects of corporate accounting operations
including maintenance and enforcement of corporate accounting policies and
procedures in accordance with Generally Accepted Accounting Principles and
Securities and Exchange Commission requirements, ensuring the integrity of the
company's financial data and reporting. He will also ensure appropriate
accounting practices and strong internal controls over financial reporting and
provide critical accountability for operational finance leadership across the
Hardesty previously served as vice president of business management and CFO
for Northrop Grumman's Information Systems sector, where he was responsible
for all sector business management areas encompassing finance, accounting,
contracts, pricing, procurement, regulatory and export compliance, real estate
Since joining Northrop Grumman in 2004, Hardesty has held leadership positions
at the corporate and sector levels, including vice president, internal audit
for the corporation, and vice president and CFO of the company's Enterprise
Shared Services and Information Technology Solutions organizations. Before
joining Northrop Grumman, he spent 10 years with Deloitte & Touche, attaining
the level of audit senior manager.
Hardesty earned a bachelor's degree in accounting from the University of
Southern California and is a certified public accountant.
Northrop Grumman is a leading global security company providing innovative
systems, products and solutions in unmanned systems, cybersecurity, C4ISR, and
logistics and modernization to government and commercial customers worldwide.
Please visit www.northropgrumman.com for more information.
SOURCE Northrop Grumman Corporation
Contact: Randy Belote, +1-703-280-2720, email@example.com
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