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Northrop Grumman Elects Sheila C. Cheston Corporate Vice President and General Counsel; Stephen D. Yslas to Retire

by: Jeffrey Bradford
June 8, 2010

Category: northrop grumman, Syndicated Industry News | RSS 2.0

Northrop Grumman Elects Sheila C. Cheston Corporate Vice President and General Counsel; Stephen D. Yslas to Retire
June 8, 2010

LOS ANGELES – Northrop Grumman Corporation (NYSE:NOC) announced today that its board of directors has elected Sheila C. Cheston, corporate vice president and general counsel effective August 30, 2010. Cheston succeeds Stephen D. Yslas who is retiring Dec. 31, 2010. In her new role, Cheston will be responsible for oversight of all of the company's legal matters. She will report to Wes Bush, the company's chief executive officer and president, and become a member of the company's Corporate Policy Council.

To facilitate an orderly transition process, Yslas will step down as general counsel on August 29, 2010 and continue as a corporate vice president with the company until his retirement date.

"We are delighted to welcome Sheila Cheston, a seasoned and highly respected general counsel and industry leader, to our senior management team," Bush said. "She brings broad-based legal and strategic expertise to her new position, including many years as a senior executive in the aerospace industry and in government. She will play a significant role in our drive to improve performance and deliver value for our shareholders, customers and employees."

"Steve Yslas has provided outstanding leadership in the corporation's Law Department over the past 34 years," said Bush. "We thank him for his many contributions to our company's growth and success from a $1.5 billion aircraft manufacturer in the 1970s to a $34 billion global security leader today. We wish him well in retirement, and appreciate his continued support through this leadership transition."

Cheston joins Northrop Grumman from BAE Systems, Inc., where she is a member of its board of directors and serves as the executive vice president, responsible for strategy and planning, finance, mergers and acquisitions, and all legal matters associated with BAE Systems Inc. Prior to joining BAE Systems, Cheston was a partner at the law firm of Wilmer, Cutler & Pickering, where she was chair of the firm's International Aviation, Defense and Aerospace Group.

Cheston has held key leadership positions in the U.S. Government, including general counsel of the United States Air Force and special associate counsel to the President of the United States.

Cheston earned a Bachelor of Arts degree from Dartmouth College and a Juris Doctor degree from Columbia University School of Law. She is a fellow of the American Bar and a member of the Council on Foreign Relations. Cheston also serves on the Board of Advisors, National Military Family Association, and the Board of Directors, Organization for International Investment.

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