BWXT Names Robb A. LeMasters as Next Chief Financial Officer
November 05 2021 - 7:30AM
Business Wire
Current CFO David Black to Retire After 30
Years at BWXT and Serve as Special Advisor to CEO
BWX Technologies, Inc. (NYSE: BWXT) announced today that as part
of BWXT’s executive succession planning process, Robb A. LeMasters
has been named senior vice president and chief financial officer
effective November 15, 2021. LeMasters will succeed David S. Black,
who will retire after 30 years of service to BWXT.
Black began at BWXT as general accounting manager for the
Nuclear Environmental Services Division. He assumed positions of
greater responsibility with the company, culminating with his
appointment as senior vice president and chief financial officer in
2015. Black will remain with the company through April 1, 2022,
working as a special advisor to Rex Geveden, president and chief
executive officer.
“Congratulations to David on his extraordinary career with BWXT.
He has been a tremendous asset to this company. In that vein, I am
very grateful that David has agreed to stay aboard until April next
year to assist with our CFO transition process,” said Geveden.
“David has made an indelible impression on our company and its
culture. He led us into the modern era of BWXT, and his commitment
to our success is evident in BWXT’s impressive growth since
2015.”
“Looking ahead, we are extremely fortunate to have someone
internal to BWXT who is fully prepared to assume the role of CFO,”
Geveden continued. “Robb’s extensive background and capabilities
have been integral to our revitalized strategy for future growth
and our renewed focus on investor relations.”
LeMasters, who is currently senior vice president and chief
strategy officer for BWXT, served as a member of BWXT’s board of
directors and its audit and finance committee from 2015 to 2020, as
well as the compensation committee from 2017 to 2020. Prior to
joining BWXT, he was a managing director at Blue Harbour Group and
a founding partner of Theleme Partners.
Previously, he was a partner at The Children’s Investment Fund
and a vice president in the Relative Value/Event-Driven Group at
Highbridge Capital Management. He began his career as an analyst at
Morgan Stanley & Co. in the mergers and acquisitions group and
subsequently joined Forstmann Little & Co. as a private equity
analyst. He earned a bachelor’s degree from the Wharton School at
the University of Pennsylvania and a Master of Business
Administration from the Harvard Business School.
About BWXT
At BWX Technologies, Inc. (NYSE: BWXT), we are People Strong,
Innovation Driven. Headquartered in Lynchburg, Virginia, BWXT is a
Fortune 1000 and Defense News Top 100 manufacturing and engineering
innovator that provides safe and effective nuclear solutions for
global security, clean energy, environmental remediation, nuclear
medicine and space exploration. With approximately 6,700 employees,
BWXT has 12 major operating sites in the U.S. and Canada. In
addition, BWXT joint ventures provide management and operations at
more than a dozen U.S. Department of Energy and NASA facilities.
Follow us on Twitter at @BWXT and learn more at www.bwxt.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20211105005194/en/
Investor Contact Mark Kratz Vice President, Investor
Relations 980.365.4300 investors@bwxt.com Media Contact Jud
Simmons Director, Media & Public Relations 434.522.6462
hjsimmons@bwxt.com
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