Northrop Grumman Corp., Los Angeles, is searching for a director-investments and assistant treasurer to replace Rose Mary Abelson, who is joining WestAM Private Equities as a principal.
The Northrop Grumman job includes overseeing the firms $19 billion in pension and other employee benefit assets. The company is conducting the search internally and is seeking someone with at least 10 to 15 years experience.
Northrop Grumman also is searching for an investments and trust administration specialist, whose duties would include portfolio analysis and risk model maintenance.
Ms. Abelson will oversee operations and assist in market and client relations at the WestAM (USA) unit, according to Donald W. Phillips, its chief executive officer and chief investment officer. WestAM manages a private equity portfolio for Northrop Grummans pension fund.