General Dynamics Board Elects Novakovic to Be President and Chief Operating Officer.
General Dynamics announced that its board of directors has elected Phebe N. Novakovic, 54, to be the corporation's president and chief operating officer reporting to Jay L. Johnson, chairman and chief executive officer. The appointment is effective May 2, 2012. In announcing the board's action Johnson said, "The board and I are pleased to promote Phebe to fulfill these new responsibilities. She has performed well in her role as executive vice president of Marine Systems and previously as senior vice president of planning and development, and is more than ready to assume a larger role in the corporation.
Novakovic became an executive vice president of General Dynamics in May 2010. She is responsible for the Marine Systems group, which includes three companies: Bath Iron Works, Electric Boat and NASSCO. Novakovic had been senior vice president – Planning and Development since July 2005, where she was responsible for government relations, communications, international, investor relations and strategic planning. She also has served as vice president – Strategic Planning, a position to which she was appointed in October 2002.