SpaceX Names Bret Johnsen as Chief Financial Officer | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 04.20.17

Airborne
04.24.17

Airborne
04.25.17

Airborne
04.19.17

Airborne
04.20.17

Airborne
04.21.17

Airborne-Unmanned 04.25.17

Airborne-YouTube

AMA 04.20.17

Airborne
04.24.17

Airborne
04.25.17

Airborne
04.19.17

Airborne
04.20.17

Airborne
04.21.17

Airborne-Unmanned 04.25.17

Thu, May 12, 2011

SpaceX Names Bret Johnsen as Chief Financial Officer

Former Broadcom Executive Joins Company At A Time Of Incredible Growth 

Bret Johnson has been named as CFO of Space Exploration Technologies (SpaceX), bringing 20 years of financial leadership experience in high-profile, publicly traded companies to SpaceX as it undergoes rapid growth on the back of tremendous technological and market success. Johnsen's appointment follows the company's fourth straight year of profitability. The total value of SpaceX NASA and commercial contracts recently topped $3 billion for over 40 launches. The company has also grown to more than 1,300 employees.
 
"Bret has an exceptional talent for financial management in high-growth, publicly held technology companies," said Elon Musk, SpaceX CEO and CTO. "Looking at his career, he is clearly someone that always sought out tough challenges and produced impressive results. His experience will be invaluable to SpaceX as we implement the financial standards and processes needed to allow for the possibility of becoming a public company."

"I am thrilled to be part of a team that is transforming the space industry," said Johnsen. "It is exciting to join such a pioneering company as it continues to grow and increase market share. My job at SpaceX will be to ensure financial discipline, while supporting the formula that makes SpaceX great."

Johnsen spent nearly a decade at Broadcom Corporation, the world's largest manufacturer of semiconductors for wired and wireless communications. He played a key role in helping transform Broadcom into a leading Fortune 500 technology company. There he developed processes that drove operating efficiencies, saving Broadcom millions of dollars annually. Starting out as Controller for a number of business groups within Broadcom, he quickly rose up the ranks. He ultimately was named Vice President, Corporate Controller and Principal Accounting Officer, overseeing an 80-member accounting organization in nine countries for the cutting-edge technology company.

After leaving Broadcom, he served as Senior Vice President and Chief Financial Officer for Mindspeed Technologies. Last year, he was named "CFO of the Year" by the Orange County Business Journal for bringing the chip maker through the recession by cutting costs, reworking debt, selling stock and raising cash through patent sales. "The moves helped reposition Mindspeed for profitability and brought renewed attention from Wall Street," the Journal said.

Johnsen holds a Bachelor of Science in Accounting from the University of Southern California and a Master of Science in Finance from San Diego State University. He is a certified public accountant in the State of California.

FMI: www.spacex.com
 

Advertisement

More News

AMA Drone Report 04.20.17: Phantom 4 Advanced, NJ NIMBYism, AMA-DJI Team Up

Also: AUVSI XPO17 LIVE!, Steady Drone Sales, Drone v Shotgun... DJI’s new Phantom 4 Advanced offers a more powerful camera and more upgraded controls. The new upgrades the or>[...]

Airborne-Unmanned 04.18.17: Drones v Volcanoes!, Boston Marathon UAVs, XPO-LIVE!

Also: State Pavilions at XPONENTIAL, MQ-8C Fire Scout, Puma UAS, Drone Bust Drones DO wind up in some of the most amazing places... As evidence by the Universities of Bristol and C>[...]

Passenger Picks Fight With Off-Duty Pilot

Incident Captured On Surveillance Video A scuffle erupted in Terminal C at Kansas City International Airport (KCI) between a passenger and an off-duty American Airlines pilot who h>[...]

Aero-News: Quote of the Day (04.25.17)

"...safe, tested and legal to operate in the United States in uncongested areas under the Ultralight category of FAA regulations. We’ve designed our first version specificall>[...]

Airbus Helicopters Increases Engine Power On H145

Expands Flight Envelope For One-Engine-Inoperative Power Airbus has extended the flight envelope of the H145 by enhancing the helicopter’s OEI power. The acronym OEI stands f>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC