Six months after being named President & CEO of BAE Systems’ U.S. subsidiary, Gerard J. “Jerry” DeMuro is shaking things up. He began by flattening the corporate staff, and then announced last month that the operations of the company’s 12,000-strong Support Solutions unit would be distributed among the remaining three units. The immediate goal was to reduce costs and create synergies where competencies and customers matched up. But the larger goal, DeMuro says, is to create an organization that can generate “sustainable value” over the long run. DeMuro has been in the defense business for 36 years, so he has seen his share of downturns. He’s convinced a company that is disciplined in execution, business development and portfolio management can outperform even when market conditions are soft. He expects his tenure at the top of BAE’s U.S. unit will prove the point. I have written a commentary for Forbes here.
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