The Aerospace Corp. Chairman of the Board of Trustees Michael B. Donley will step down April 30 to re-enter federal service.
Vice Chairman Stephanie O’Sullivan will become acting board chair May 1, and the selection process for a permanent chair and vice chair begins immediately.
“Mike provided clear-eyed stewardship that helped Aerospace navigate an incredibly dynamic time in the space enterprise,” said President and CEO Steve Isakowitz. “Our board greatly benefitted from his deep knowledge and understanding of the needs of our customers and of the entire space enterprise, enabling Aerospace to strategically position itself for long-term success.”
Aerospace “is in a strong position to carry out our mission thanks to Mike’s professionalism and leadership of the board, and we are glad our nation will continue to benefit from his service and expertise,” Isakowitz added.
Donley, former Secretary of the Air Force, served as vice chair of the board from December 2015 to December 2017.
O’Sullivan was elected to the board in June 2017. She was chosen vice chairman in December 2019. She served most recently as principal deputy director of National Intelligence in the Office of the Director of National Intelligence.