Business
Leonardo DRS Announces Appointment of Eric C. Salzman to Board of Directors
ARLINGTON, Va.--(BUSINESS WIRE)-- Leonardo DRS, Inc. (“DRS”) announced today the appointment of Eric C. Salzman to the company’s Board of Directors. His
About this update from Leonardo Drs, Inc.
[{"type":"text","content":" ARLINGTON, Va.--(BUSINESS WIRE)--\nLeonardo DRS, Inc. (“DRS”) announced today the appointment of Eric C. Salzman to the company’s Board of Directors. His appointment was effective on November 28, 2022.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221206006029/en/(Photo: Business Wire)\nAs a member of the board with expertise in financial matters and corporate governance, Mr. Salzman has been assigned to the Audit Committee and Nominating and Corporate Governance Committees.\n\n“We are delighted to have Eric join our Board of Directors; his deep experience in driving company growth strategies will bring important guidance to DRS as we start our new era as a public company,” said Bill Lynn, Chairman and CEO of Leonardo DRS. “His leadership in a range of companies from high-tech to manufacturing will be invaluable to DRS as we pursue our mission to provide the best technology to the men and women of our Armed Forces.\"\n\nMr. Salzman currently serves as the Chief Executive Officer of Safeguard Scientifics, Inc., which he joined in 2020. From 2018 to 2022, Mr. Salzman served as the chairman of the board of SolAero Technologies Corp, a leading manufacturer of satellite solar array panels serving the defense and communications industry.\n\nHe has a 25-year track record partnering with public and private growth companies as an investor, board member and strategic advisor. He has worked in M&A, restructuring, and growth and special situations investing at several investment banks and private equity funds, including Credit Suisse and Lehman Brothers.\n\nMr. Salzman’s industry experience includes technology, software, communications, defense, medical devices, manufacturing, and business services. Since 2008, Mr. Salzman has served as an independent director, executive chairman, non-executive chairman, audit committee chairman, compensation committee chairman, and M&A committee chairman at over 25 public and private companies, including portfolio companies of Carlyle Group, Blackstone, and Francisco Partners. Past board positions include Zenefits, Carnegie Learning, ColorEdge, Capstone Nutrition, FragranceNet, Centinel Spine, ASG Technologies, Sorenson Communications, Syncardia Systems, ShoreTel, and Firth Rixson.\n\nHe currently serves as an independent director, member of ...