Military shipbuilder Huntington Ingalls Industries has elevated Christopher Kastner, executive vice president and chief financial officer, to a new position of executive vice president and chief operating officer.
Thomas Stiehle, vice president and HII’s Ingalls Shipbuilding division CFO, has been promoted to executive vice president and CFO and will replace Kastner.
Kastner and Stiehle will report directly to HII President and CEO Mike Petters. The changes are effective Feb. 12, and were made to reflect HII’s continued commitment to performance and execution, Petters said.
“Chris brings a deep understanding of our business that will enable him to make positive impacts immediately, Petters said. “Tom is the right addition to our senior executive team with a strong financial background that will create value for all of our constituents including our customers and shareholders.”
Kastner will oversee the company’s three operating divisions and work closely with the division presidents to drive execution on HII’s historic backlog. Stiehle will be responsible for directing HII’s corporate strategy and processes in support of business growth and profitability goals.