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Northrop Grumman logoNorthrop Grumman NOC

Northrop Grumman said on November 3, 2025 its board of directors elected John Greene, age 60, as corporate vice president and chief financial officer, effective January 7, 2026.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Northrop Grumman said on November 3, 2025 its board of directors elected John Greene, age 60, as corporate vice president and chief financial officer, effective January 7, 2026.

  2. The company said Kenneth Crews will step down from his position as chief financial officer effective January 7, 2026 but will remain an employee and serve in an advisory capacity until February 20, 2026 to ensure a smooth transition.

  3. Northrop Grumman said the Compensation and Human Capital Committee approved a base salary for Greene of $955,000 and a sign-on grant comprised of Restricted Stock Rights with a value of $2,000,000.

  4. The company said Greene served as chief financial officer of Discover Financial Services from September 2019 to May 2025, and reaffirmed its previously announced fiscal 2025 guidance.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

John Greene Elected Chief Financial Officer

Northrop Grumman said on November 3, 2025 its board of directors elected John Greene, age 60, as corporate vice president and chief financial officer, effective January 7, 2026.

Source · Based on the filing body and exhibits

Kenneth Crews Steps Down Effective January 7, 2026

The company said Kenneth Crews will step down from his position as chief financial officer effective January 7, 2026 but will remain an employee and serve in an advisory capacity until February 20, 2026 to ensure a smooth transition.

Source · Based on the filing body and exhibits

Greene's Compensation Terms

Northrop Grumman said the Compensation and Human Capital Committee approved a base salary for Greene of $955,000 and a sign-on grant comprised of Restricted Stock Rights with a value of $2,000,000.

Source · Based on the filing body and exhibits

Greene's Key Career Background and Company Reaffirms Guidance

The company said Greene served as chief financial officer of Discover Financial Services from September 2019 to May 2025, and reaffirmed its previously announced fiscal 2025 guidance.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.