Named Vought's CFO
Vought Aircraft Industries, Inc.
today announced it has named Lloyd R. "Skip" Sorenson as executive
vice president and chief financial officer (CFO), a position that
had been open since the retirement of William McMillan. Sorenson
joins Vought today and will report to President and Chief Executive
Officer Tom Risley.
Sorenson is responsible for all of Vought's financial and
business management functions, including creation and
implementation of financial strategy, control and accounting
policy, treasury, risk management and insurance, budgets, and
financial and economic planning and analysis.
Sorenson (right) joins Vought after
nearly six years with Dell Inc., where he was most recently
controller, Corporate Business Group. He held previous leadership
positions with Dell in the Global Sales Division, the International
Internal Audit department, and the Federal Sales Segment, where he
dealt with all of the government's military services, intelligence
agencies and civilian IT organizations.
Prior to working for Dell, Sorenson spent 15 years in the
aerospace and defense industry, his last role as vice president of
finance for AlliedSignal Corp.'s Aerospace Equipment Systems
business. He also held several senior leadership positions within
McDonnell Douglas Corp.'s Space and Defense Systems and Aerospace
businesses.
Sorenson began his career at Newport News Shipbuilding (NNS),
where his final responsibility was controller, manufacturing. He
started at the shipyard in production planning and control, and
then became a construction supervisor on the 688 Fast Attack
Submarine, USS Oklahoma City, where he was responsible for the
construction and testing of the first vertical launch cruise
missile system on a 688 at NNS.
"Skip brings a unique blend of manufacturing experience from
aerospace and defense, e-commerce best practices from the
technology arena, and significant financial expertise to Vought,"
said Risley. "His experience on a number of high-profile military
programs, such as the F/A-18 Super Hornet and the AV-8B Harrier,
coupled with his commercial background at Dell, make Skip an
outstanding addition to the Vought leadership team."
Sorenson, 43, earned a bachelor's degree in finance and a
master's degree in business administration from Old Dominion
University, Norfolk, VA. He is a member of Financial Executives
International (FEI).