Leonis Picked as Chairman of Litton
Woodland Hills-based Litton Industries Inc. said that John Leonis has been selected as chairman. Litton announced its plans to elect Leonis in September as part of the former conglomerate’s switch to a military electronics manufacturer.
Leonis, 62, replaces Alton Brann, 53, who served as Litton’s nonexecutive chairman since March 1994. Leonis was previously chief executive and president. He will retain the position of chief executive.
Michael Brown, 55, will take over as president. Brown was elected to board in September, as well as the positions of executive vice president and chief operating officer.
* Thomas Weinberger, executive vice president and director of Sutro & Co.’s corporate finance department, has been elected to Chair District II of the National Assn. of Securities Dealers. District II is responsible for member firms located primarily in Southern California and Arizona. Additionally, he will head the NASD District Business Conduct Committee.
Each of the 11 NASD districts is governed by a committee composed of security industry professionals elected by their peers. The committee enforces NASD rules, federal securities laws, Municipal Securities Rulemaking Board rules and other regulations.
* Stephen L. Baum has been named chief executive and president of Enova Corp., new parent of San Diego Gas & Electric. Baum, who assumes his posts Jan. 1, is currently executive vice president of SDG&E; and president and chief executive of Enova subsidiaries Pacific Diversified Capital and Enova Technologies.
Donald E. Felsinger has been named chief executive and president of SDG&E;, also effective Jan. 1. He is currently executive vice president of SDG&E; and president and chief executive of SDG&E; subsidiaries Enova Financial and Califia.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.