HII names new treasurer

HII today announced that Steve Powell, the company's assistant treasurer for banking and capital markets, has been promoted to corporate vice president and treasurer, effective Jan. 1, 2025.

Powell will succeed Rick Wyatt, who will retire at the end of this year after more than 40 years with the company.

In this role, Powell will be responsible for banking and credit, corporate finance, cash management and forecasting, insurance and risk management, M&A valuation and financing, investments and trusts, capital structure, capital markets, rating agency relationships, short-term investments and pension trust asset management, according to a company statement. He will report directly to Executive Vice President and Chief Financial Officer Tom Stiehle.

Prior to joining HII, Powell worked at Lockheed Martin and Martin Marietta for 11 years in both corporate treasury and operations finance.