Raytheon Company Chairman and CEO Thomas A. Kennedy announced today the appointment of Frank R. Jimenez as General Counsel for the company, effective January 19, 2015. Jimenez, 50, previously served as General Counsel of the Navy from 2006-2009, and was one of seven Senate-confirmed Pentagon civilians of four-star equivalent rank overseeing the US Navy and Marine Corps. He succeeds Jay B. Stephens, who is retiring from Raytheon on March 31 after serving 12 years as Senior Vice President, General Counsel and Corporate Secretary.
Prior to joining Raytheon, Jimenez served as General Counsel, Secretary and Managing Director, Corporate Affairs of Bunge Limited, a Fortune Global 200 agribusiness and food company with 35,000 employees and $60 billion in 2013 revenues. Prior to Bunge Limited, Jimenez served as Senior Vice President, General Counsel and Corporate Secretary of Xylem Inc., an S&P 500 water technology spin-off from ITT Corporation. Jimenez joined ITT in 2009 as Vice President and General Counsel, responsible for the legal, regulatory and governance aspects of the company, including its separation in 2011 into two new public companies, Xylem and defense technology company Exelis Inc.
In commenting on Jimenez's appointment, Kennedy said: "Frank's experience with diverse, global organizations in the public and private sectors is an ideal fit for our organization. In addition to his legal expertise, Frank's leadership, management skills and in-depth customer and industry knowledge will support our global growth objectives. We look forward to his contributions."
Earlier in his career, Jimenez served as Deputy General Counsel for the US Department of Defense, its senior attorney for litigation; Principal Deputy General Counsel of the Navy; Chief of Staff at the US Department of Housing and Urban Development for Secretary Mel Martinez; and Deputy Chief of Staff and Acting General Counsel for Florida Governor Jeb Bush. Before his time in government, Jimenez was a Miami litigation partner at Steel Hector & Davis LLP (now Squire Patton Boggs). Following law school, he served as a law clerk for Judge Pamela Ann Rymer of the US Court of Appeals for the Ninth Circuit.
Jimenez received his law degree from the Yale Law School, and he holds a master's degree in business administration from the University of Pennsylvania's Wharton School and a master's degree in national security and strategic studies from the US Naval War College. He earned his undergraduate degree from the University of Miami.