Summary
General Dynamics Corporation (GD) announced a significant addition to its Board of Directors with the immediate election of James N. Mattis, effective August 7, 2019. Mr. Mattis, formerly the U.S. Secretary of Defense, brings a wealth of experience that is likely to be seen as a strategic asset to the company's leadership. His appointment to both the Audit and Nominating and Corporate Governance committees suggests an immediate integration into key oversight functions of the board.
Key Highlights
- 1James N. Mattis elected to General Dynamics Corporation's Board of Directors, effective August 7, 2019.
- 2Mr. Mattis appointed to the Audit Committee.
- 3Mr. Mattis appointed to the Nominating and Corporate Governance Committee.
- 4No known arrangements or understandings exist regarding Mr. Mattis's election.
- 5No reportable transactions with Mr. Mattis requiring disclosure under Item 404(a) of Regulation S-K.
- 6Mr. Mattis will receive standard compensation for non-employee directors.
- 7Announcement accompanied by a press release (Exhibit 99.1).