1. GMI Ratings Governance Issue | Northrop Grumman Corp.

    Northrop Grumman Corp. has announced numerous changes to its staff, after repositioning among the company’s senior officers already contributed to a higher score in recent months measuring its governance risk to investors. The Falls Church, Va.-based defense contractor said James E. Pitts, the corporate vp and president of Northrop Grumman Electronic Systems since 2005, will retire December 31, 2012.  Gary W. Ervin, corporate vice president and president of Aerospace Systems since 2009, will ret

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