¿A former shipyard executive was named president, CEO and chairman of the board of The Brinks Company, global leader in transportation of money and service of ATM machines.
Thomas C. Schievelbein was president of Northrop Grumman Newport News from 2001 to 2004, and sits on the board of directors of Huntington Ingalls Industries, the spin off company formed more than a year ago.
For the last six month he was interim president and CEO at Brinks. Previously he served on the board of the Richmond-based company.
Schievelbein, who has a home in Williamsburg, said he’s excited to drop the label of interim from his title.
“It’s a great company, an iconic brand and there are lots of great opportunities,” he said in a short interview Monday. “We’re talking about improving the margins in mature markets – the U.S. and Europe – and growing in Latin America and the Far East.
Apart from servicing ATMs, and moving money securely in armored vehicles, Brinks also transports precious metals, like diamonds and jewelry, artwork and high-value pharmaceuticals.
Schievelbein said the company has about 70,000 employees and 80 percent of its business is outside of the U.S.
When Schievelbain left the shipyard in 2004 he described it as a retirement, but he stayed involved in several businesses, serving on their boards.
“When the previous CEO retired, I stepped in. It just worked out and I enjoyed it so when I got the opportunity I took it,” he said.
Schievelbein said he hasn’t worked out his permanent living arrangements yet, and couldn’t say whether he’ll stay in Williamsburg.
“I have an apartment here in Richmond. It’s hard to say what will happen with that.”