8-K filed February 1, 2022, 6:59 PM ET ticker HII CIK 0001501585

leadership confidence high sentiment neutral materiality 0.55

HII names Chris Kastner President & CEO effective March 1; Mike Petters becomes Executive Vice Chairman

HUNTINGTON INGALLS INDUSTRIES, INC.

Christopher D. Kastner, currently COO, elected President and CEO and to the Board, effective March 1, 2022.
Outgoing CEO Mike Petters will serve as Executive Vice Chairman of the Board during a transition period through 2022.
Kastner previously served as EVP and CFO (2016-2021) and COO since February 2021.
The succession is part of HII's multi-year planning; company backlog stands at $48 billion.
Petters continues as an HII employee through 2022 and will remain chairman of the Aerospace Industries Association.

item 5.02 item 9.01

Executive movements

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Appointed

Christopher D. Kastner

Member of the Board

HII · HUNTINGTON INGALLS INDUSTRIES, INC.

Effective: 2022-03-01
Filed: February 1, 2022, 6:59 PM ET

Christopher D. Kastner, currently Executive Vice President and Chief Operating Officer of the Company, has been elected by the Company’s board of directors (the “Board”) to become (i) President and Chief Executive Officer of the Company and (ii) a member of the Board, both effective as of March 1, 2022.

Appointed

Christopher D. Kastner

President and Chief Executive Officer

HII · HUNTINGTON INGALLS INDUSTRIES, INC.

Effective: 2022-03-01
Filed: February 1, 2022, 6:59 PM ET

Christopher D. Kastner, currently Executive Vice President and Chief Operating Officer of the Company, has been elected by the Company’s board of directors (the “Board”) to become (i) President and Chief Executive Officer of the Company and (ii) a member of the Board, both effective as of March 1, 2022.

Appointed

C. Michael Petters

Executive Vice Chairman of the Board

HII · HUNTINGTON INGALLS INDUSTRIES, INC.

Effective: 2022-03-01
Filed: February 1, 2022, 6:59 PM ET

Mr. Petters has been elected by the Board to become Executive Vice Chairman of the Board, effective as of March 1, 2022.

Departed

C. Michael Petters

President and Chief Executive Officer

HII · HUNTINGTON INGALLS INDUSTRIES, INC.

Effective: 2022-03-01
Successor: Christopher D. Kastner
Filed: February 1, 2022, 6:59 PM ET

C. Michael Petters, who will retire from his role as President and Chief Executive Officer (Principal Executive Officer) effective as of March 1, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Christopher D. Kastner was elected as Member of the Board at HUNTINGTON INGALLS INDUSTRIES, INC..

Action: elected
Role: Member of the Board

Exact text from the filing

Christopher D. Kastner, currently Executive Vice President and Chief Operating Officer of the Company, has been elected by the Company’s board of directors (the “Board”) to become (i) President and Chief Executive Officer of the Company and (ii) a member of the Board, both effective as of March 1, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Christopher D. Kastner was elected as President and Chief Executive Officer at HUNTINGTON INGALLS INDUSTRIES, INC..

Action: elected
Role: President and Chief Executive Officer

Exact text from the filing

Christopher D. Kastner, currently Executive Vice President and Chief Operating Officer of the Company, has been elected by the Company’s board of directors (the “Board”) to become (i) President and Chief Executive Officer of the Company and (ii) a member of the Board, both effective as of March 1, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

C. Michael Petters was elected as Executive Vice Chairman of the Board at HUNTINGTON INGALLS INDUSTRIES, INC..

Action: elected
Role: Executive Vice Chairman of the Board

Exact text from the filing

Mr. Petters has been elected by the Board to become Executive Vice Chairman of the Board, effective as of March 1, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

C. Michael Petters departed as President and Chief Executive Officer at HUNTINGTON INGALLS INDUSTRIES, INC..

Action: retire
Role: President and Chief Executive Officer

Exact text from the filing

C. Michael Petters, who will retire from his role as President and Chief Executive Officer (Principal Executive Officer) effective as of March 1, 2022.

View on SEC.gov

HUNTINGTON INGALLS INDUSTRIES, INC. filing history →

Source: SEC EDGAR

accession 0001193125-22-023552

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