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

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne 04.16.18

Airborne-UnManned 04.17.18

Airborne 04.18.18

AMA Drone Report 04.19.18

Airborne 04.20.18

Airborne-YouTube

Airborne 04.16.18

Airborne-UnManned 04.17.18

Airborne 04.18.18

AMA Drone Report 04.19.18

Airborne 04.20.18

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

Airborne-Unmanned 04.17.18: XPO 2018, Drone Broadcasts, Airbus Inspection Drone

Also: NZ AFB Drone Incident, Police UAVs, Inaugural Drone Boot Camp, Predator 5M Flight Hours This is it! THE major unmanned exposition of the year -- AUVSI XPONENTIAL 2018 starts >[...]

Airborne 04.20.18: Continental Jet-A Seminole, SWA Fallout, NYC NIMBY's Helo's

Also: Teamsters Talk Allegiant, Coleman Young Airport, Miracle Flights, IN Av Repair Biz Cleared Piper has selected the Continental Motors CD-170 compression ignition engine fueled>[...]

AMA Drone Report 04.19.18: AMA Leadership, FAA Reauthorization, Coachella

Also: New French Regs, Drone Boot Camp, Public Safety Drone Standards, DroneShield Protects NASCAR It’s a little bit sad and yet a bit cool to see AMA make an exciting change>[...]

Aero-News: Quote of the Day (04.22.18)

"For those reasons, a key measure of success is not, 'Did we provide the most flights possible?' but 'Did we provide the most comfortable flights possible?'—for instance, by >[...]

ANN's Daily Aero-Linx (04.22.18)

Aero Linx: The Airline Pilot's Historical Society The Airline Pilot's Historical Society is a non-profit, charitable foundation whose purpose is to educate through the preservation>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2018 Web Development & Design by Pauli Systems, LC