Paul Lundstrom, formerly vice president of investor relations at United Technologies Corp. (NYSE: UTX), has been appointed chief financial officer and vice president of finance at Aerojet Rocketdyne (NYSE: AJRD).
Lundstrom will succeed the departing CFO Kathy Redd on Nov. 7 and will report directly to President and CEO Eileen Drake through the company™s headquarters in California, Aerojet Rocketdyne said Tuesday.
œWith his in-depth knowledge and extensive experience in financial planning, investor relations, and government and financial accounting, along with a proven focus on delivering value for shareholders, Paul will be a significant asset to our company, Drake said.
Lundstrom spent nearly two decades at UTC, where he held the roles of VP of finance and CFO for the firm™s climate, controls and security businesses in Asia and director of financial planning and analysis at UTC™s Carrier subsidiary.
He also held financial leadership posts at Hamilton Sundstrand, UTC™s aerospace and defense business, from 1997 to 2006.
