{"id":6596,"date":"2024-08-24T01:37:05","date_gmt":"2024-08-23T17:37:05","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/rocket-lab-appoints-lockheed-martins-former-chief-financial-officer-ken-possenriede\/"},"modified":"2024-08-24T01:37:05","modified_gmt":"2024-08-23T17:37:05","slug":"rocket-lab-appoints-lockheed-martins-former-chief-financial-officer-ken-possenriede","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/rocket-lab-appoints-lockheed-martins-former-chief-financial-officer-ken-possenriede\/","title":{"rendered":"Rocket Lab Appoints Lockheed Martin’s former Chief Financial Officer Ken Possenriede"},"content":{"rendered":"

\"Rocket<\/p>\n

Rocket Lab USA, Inc., one of the global leader in launch services and space systems, announced that Kenneth (Ken) Possenriede has been appointed to the Company\u2019s Board of Directors. A seasoned executive with strong business and financial acumen, Mr. Possenriede joins Rocket Lab after a 35-year career at Lockheed Martin Corporation in financial leadership positions, including serving as Chief Financial Officer (CFO).<\/p>\n

\u201cKen\u2019s deep aerospace and defense industry experience, combined with accomplished financial leadership, adds even more horsepower to Rocket Lab\u2019s already impressive board line-up,\u201d said Rocket Lab\u2019s founder and Chief Executive Officer, Sir Peter Beck<\/strong>. \u201cWe\u2019re building the space company of the future here \u2013 an end-to-end space company that truly unleashes the potential of space as the next industrial revolution in human history. Ken played a key role in the growth and success of the traditional space model. Now we\u2019re excited to have him help us build the future.\u201d<\/p>\n

Kenneth (Ken) Possenriede<\/em><\/span><\/span><\/span><\/span><\/p>\n

\u201cRocket Lab has quickly but strategically risen to the ranks of global space leader and I\u2019m incredibly excited to join the formidable team behind this,\u201d says Mr. Possenriede<\/strong>. \u201cFrom the success of Electron as the world\u2019s leading small launcher, and the impressive growth of Rocket Lab\u2019s extensive space systems business, to the impressive progress on Neutron, I\u2019ve long admired Rocket Lab\u2019s ability to execute and shake up the industry by overdelivering and outperforming. I look forward to supporting this trajectory as the Company executes on the vision to be the leading end-to-end space company.\u201d<\/p>\n

Mr. Possenriede brings to Rocket Lab deep experience in capital markets, customer relationships and scaling businesses. Prior to assuming the post of CFO and Lockheed Martin Corporation, Mr. Possenriede served as Vice President of Finance and Program Management for Lockheed Martin Aeronautics Company where he was responsible for leading finances and program management processes, including accounting, contracts, business management, financial planning, scheduling and earned value. Mr. Possenriede also served as Vice President and Treasurer for Lockheed Martin Corporation. In that role, he was responsible for all aspects of the corporation\u2019s worldwide banking activity, including global treasury operations, foreign exchange and capital markets, rating agency relations, capital planning, facilities and risk management. Mr. Possenriede also served as Lockheed Martin Corporation\u2019s Vice President of Finance for the Electronic Systems organization, where he was responsible for all aspects of the business unit\u2019s financial and contractual processes and commitments.<\/p>\n

Mr. Possenriede holds a Master of Business Administration from the University of Michigan and bachelor’s degree from Rutgers University in economics. He also currently serves as an advisor to the Rutgers Foundation Board of Directors.<\/p>\n","protected":false},"excerpt":{"rendered":"

Rocket Lab USA, Inc., one of the global leader in launch services and space systems, announced that Kenneth (Ken) Possenriede has been appointed to the Company\u2019s Board of Directors. A seasoned executive with strong business and financial acumen, Mr. Possenriede joins Rocket Lab after a 35-year career at Lockheed Martin Corporation in financial leadership positions, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[26,25,20],"class_list":["post-6596","post","type-post","status-publish","format-standard","hentry","category-news","tag-ground","tag-launch","tag-satellite"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/6596"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=6596"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/6596\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=6596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=6596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=6596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}