Steve Powell, HII’s assistant treasurer for banking and capital markets, will become the company’s corporate vice president and treasurer on Jan. 1, 2025, succeeding D.R. “Rick” Wyatt, who retires after over 40 years with HII.
Powell will manage banking and credit, corporate finance, cash management, forecasting, insurance, risk management, M&A valuation, investments, trusts, capital structure, capital markets, rating agency relationships, short-term investments, and pension trust assets. He will report directly to Executive Vice President and CFO Tom Stiehle.
“Rick is the last HII ‘plank owner,’ one of the initial set of corporate officers that stood up the company, and we are extremely thankful for his leadership that helped build and shape the company we know as HII today,” Stiehle said. “Steve has held his current position within HII’s Treasury Department since the spin from Northrop Grumman, and is uniquely qualified with intimate, extensive experience and knowledge of HII customers, products and services, stakeholders, capital markets, personnel, processes and treasury operations.”
Powell has served in HII’s Treasury Department since 2011. Before joining HII, he worked at Lockheed Martin and Martin Marietta for 11 years in corporate treasury and operations finance.