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Recently retired Gen. Richard Myers, the former chairman of the Joint
Chiefs of Staff who led the Pentagon into war with Iraq, hasn't stayed out of
work long.
Northrop Grumman, one of the nation's largest and best-known defense
firms, announced Wednesday that Myers, an Air Force veteran and former fighter
pilot, has joined its board of directors.
As one of 11 "non-employee" directors, Myers will earn $200,000 a
year, according to a company spokesman. Half of that sum is paid to the company's
12 directors in stock.
The company will hold eight scheduled board meetings this year, two of which
are conducted by phone. The Pentagon's former top general will also serve on
the Northrop Grumman board's Compliance, Public Issues and Policy committee,
a job that will undoubtedly make good use of his Washington experience.
"Dick Myers brings to our board outstanding leadership credentials and
a deep understanding of the national security challenges facing our country
today," company chairman and chief executive officer Ronald D. Sugar said
in a statement. "He will be an excellent addition to our board and we look
forward to benefiting from his contributions."
