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Northrop names Raj Chandhok Vice President, trust admin and investments
By siliconindia
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Thursday, 08 May 2003, 19:30 IST
LOS ANGELES: Northrop Grumman Corporation (NYSE: NOC - News) on Wednesday announced the appointment of Raj Chandhok as vice president, Trust Administration and Investments. Chandhok reports to Richard B. Waugh Jr., corporate vice president and chief financial officer.
In this position, Chandhok, 53, is responsible for the investment and trust management of Northrop Grumman's employee benefit plans, including the recommendation, implementation and administration of funding and investment policies. These duties also involve selection and oversight of the investment firms that manage benefit plan assets.
Chandhok has more than 20 years of experience in business finance. Prior to joining Northrop Grumman, he most recently was vice president and chief financial officer of the California Association of Realtors, where he managed all finance and administration-related activities. Previously, he was vice president and treasurer at The Times Mirror Company, where he had overall responsibility for investments, risk management and corporate finance. He held financial planning and analysis positions with Occidental Petroleum and Pacific Enterprises, both in Los Angeles, before joining Times Mirror.
Chandhok earned an M.B.A. from the University of Michigan and a bachelor's degree in chemical engineering from the Indian Institute of Technology in New Delhi.
Northrop Grumman Corporation is a $25 billion global defense company, headquartered in Los Angeles, Calif. Northrop Grumman provides technologically advanced, innovative products, services and solutions in systems integration, defense electronics, information technology, advanced aircraft, shipbuilding and space technology. With approximately 120,000 employees and operations in all 50 states and 25 countries, Northrop Grumman serves U.S. and international military, government and commercial customers.
