Alex Constantine - August 4, 2010
Military-Industrial biographical note: On board of General Motors – a SAM holding [Southern Asset Management: financed the controversial Path to 9/11 propaganda video] you find one of the powerbrokers of military industry: Kent Kresa from Northrop Grumman [and NG-Logicon-TASC]. Kresa handled the most important aquisitions of Northrop Grumman. Logicon (a Northrop-Grumman subsidiary) TASC, Inc. was cobbled together by Booz Allen Hamilton Inc., Titan, Boeing, EDS (manufacturer of VoteScam e-voting machines), Neil Armstrong's Veridian, and several other high-tech contractors. Logicon was a partner in the Eagle Alliance, the NSA-revamping group that included ACS, CACI, TRW, ManTech, etc., led by Computer Sciences Corporation (CSC). Draper Laboratories, a step in Kresa's bio, has a deep fascist history, as do all of the companies Kresa managed and directed. He was appointed as interim GM chairman by the Obama administration just prior to bankruptcy.- AC
Bloomberg/Businessweek | August 3, 2010
General Motors Co. said Tuesday that Kent Kresa, former interim chairman of the company, retired from the board of directors.
Kresa, 72, joined the board in 2003 after retiring as chairman of Northrop Grumman Corp. He was named interim chairman at GM in March of 2009 as the U.S. government bailed out the company and the White House forced out then-chairman and CEO Rick Wagoner.
In December of 2009, Ed Whitacre was elected chairman of the board and CEO at General Motors.
Kresa is retiring from the board per company guidelines, which states that board members are ineligible for re-election after they reach the age of 72.
Mr. Kent Kresa served as a Senior Advisor at The Carlyle group. Mr. Kresa assisted the firm in developing strategy and identifying investments in Aerospace and Defense sectors. He was based at Los Angeles. Prior to joining it, Mr. Kresa served at Northrop Grumman Corporation as the Chairman from September 1990 until October 2003, Chief Executive Officer from January 1990 until March 2003, and as the President from 1987 until September 2001. He joined the firm in 1975 ... as a Vice President and as a Manager of research and technology center, and he served as its Corporate Vice President from 1976 to 1982 and as the General Manager of the Ventura Division. In 1982, Mr. Kresa served as Group Vice President of the firm's aircraft group and in 1986, served as the Senior Vice President of technology development and planning. Under his leadership, Forbes magazine named the firm as the “Company of the Year” in December 2002. Before joining the firm, Mr. Kresa was associated with the Defense Advanced Research Projects Agency [DARPA] and the Lincoln Laboratory at the Massachusetts Institute of Technology. He has been a Director at Avery Dennison Corp. since February 1999 and serves as a Member of its audit committee; a Director at General Motors Corp., since October 6, 2003 and serves as a Member of its audit and investment funds committees; a Director at Fluor Corp., since 2003 and serves as a Member of its audit and organization and compensation committees; a Director at Mannkind Corp. since June 2004; a Director at Chrysler Corporation since 1989, and is a Member of its audit and pension fund review committees. Mr. Kresa also serves on the Boards of Eclipse Aviation Corporation, Trust Company of the West, The TCW Group, Inc., Advanced Bionics, and several non-profit organizations and universities. He serves as the Chairman Emeritus at Northrop Grumman Corporation. Mr. Kresa serves as a Member of the National Academy of Engineering and the Chairman of the defense policy advisory committee on trade, a Member of the M.I.T. Lincoln Laboratory Advisory Board, a Director at the W. M. Keck Foundation, and on the Board of Trustees of the California Institute of Technology, The Los Angeles World Affairs Council, The Alfred Mann Foundation, and The John Tracy Clinic. He is also a Member of Draper Laboratories Inc. and serves on the Board of Governors of the Performing Arts Center of Los Angeles. Mr. Kresa was the Chairman of the Board of Governors of the Aerospace Industries Association. He was elected the President of the American Institute of Aeronautics and Astronautics for a one-year term, which ended in May 2003. As a graduate of M.I.T., Mr. Kresa received a B.S. in 1959, an M.S. in 1961, and an E.A.A. in 1966, all in Aeronautics and Astronautics.