226:, the Chairman and CEO of GM was ordered to resign by U.S. President Barack Obama. In an interview in 2008, he was asked if he thought that bailout money should come with a requirement that Wagoner be ousted. He replied "...And we're going to have to look at whatever the demands are from the individual who's bringing the money. But I don't think it's reasonable." Kresa was replaced as Chairman by former
192:, he transformed the company, which like GM was on the brink of extinction. In a 2002 Los Angeles Times interview when the company was on the verge of closing, Kresa was quoted saying, "We could just go out of business and give money back to our shareholders or we could reinvent ourselves...It became clear to us we could take the latter path."
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hired Kresa as a Senior
Advisor to its aerospace and defense group. Kresa commented on his hiring by stating, “I’ve known the Carlyle executives for many years and have an abiding respect for their approach and judgment. For years, Carlyle has played a significant role in the aerospace and defense
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Kresa's career began when he was employed by the top-secret DARPA, where he was responsible for broad, applied research and development programs in the tactical and strategic defense arena. Then from 1961–68, Kresa was associated with the
Lincoln Laboratory at the Massachusetts Institute of
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market. Carlyle has a straightforward approach to its business and delivers on its promises. I’m delighted to be associated with them.”
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defense research and reentry technology. Kresa then joined
Northrop in 1975, became Chairman in 1987, then CEO in 1990.
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287:"The Carlyle Group : Kent Kresa, Former Chairman and CEO of Northrop Grumman, to Join Carlyle as Senior Advisor"
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Under Kresa's control, Northrop
Grumman was transformed resulting in the acquisition of 16 companies including
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117:(born March 24, 1938) is an American businessman. Formerly, he was chairman and CEO of
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in aeronautics and astronautics, and received an honorary doctorate from
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312:"AIAA - Aerospace America Online - CONVERSATIONS - with Kent Kresa"
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Kresa was born in New York City; his father was the songwriter
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Members of the United States
National Academy of Engineering
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He was named the
Chairman of GM on March 30, 2009, after
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341:"Company of the Year: Northrop—We See You, Saddam"
405:"Q&A with General Motors director Kent Kresa"
127:Defense Advanced Research Projects Agency (DARPA)
211:. Kresa retired from head of Northrop in 2003.
376:"New GM chief Kent Kresa has been here before"
185:for contributions in aeronautical technology.
157:. He has B.S., M.S., and E.A.A. degrees from
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181:In 1997, he was elected as a member into the
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174:Technology (M.I.T.), where he worked on
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159:Massachusetts Institute of Technology
55:Massachusetts Institute of Technology
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129:, the Lincoln Laboratory at M.I.T,
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251:"Kent Kresa Profile - Forbes.com"
486:MIT School of Engineering alumni
393:GM chief Wagoner ousted by Obama
16:American businessman (born 1938)
183:National Academy of Engineering
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374:Pae, Peter (March 31, 2009).
339:Lubove, Seth (2003-01-06).
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145:, Kresa was on the board.
125:; and has worked with the
481:American chief executives
471:General Motors executives
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205:Redondo Beach, California
121:, as well as chairman of
491:The Carlyle Group people
272:Business Week article
214:On November 3, 2003,
188:When Kresa took over
163:Pepperdine University
353:on February 24, 2003
139:MannKind Corporation
417:Business positions
234:on July 10, 2009.
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440:Succeeded by
380:Los Angeles Times
261:on April 3, 2009.
216:The Carlyle Group
176:ballistic missile
135:Fluor Corporation
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45:New York City, US
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289:. Archived from
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257:. Archived from
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190:Northrop Grumman
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355:. Retrieved
351:the original
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291:the original
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461:1938 births
443:Ed Whitacre
232:Ed Whitacre
155:Helmy Kresa
107:Helmy Kresa
65:businessman
455:Categories
357:2011-08-24
322:2009-03-30
297:2009-03-31
238:References
201:Space Park
199:(with its
137:, and the
115:Kent Kresa
62:Occupation
35:1938-03-24
23:Kent Kresa
165:in 2003.
149:Education
51:Education
228:AT&T
209:Gulf War
94:Chairman
92:(Former
79:Chairman
77:(Former
346:Forbes
255:Forbes
169:Career
133:, the
103:Father
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437:2009
70:Title
230:CEO
29:Born
203:in
197:TRW
83:CEO
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