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In a surprise announcement, Tory Bruno is out as CEO of United Launch Alliance
“It has been a great privilege to lead ULA through its transformation and to bring Vulcan into service.”
TL;DR
- Tory Bruno, CEO of United Launch Alliance (ULA) for over a decade, has resigned.
- Bruno's tenure coincided with increased competition from SpaceX and a decline in ULA's market share.
- He oversaw the development and successful debut of ULA's Vulcan rocket.
- ULA faced challenges in ramping up the Vulcan's launch cadence and struggled with regaining market share.
- Bruno previously had a 30-year career with Lockheed Martin.
- ULA is a joint venture between Boeing and Lockheed Martin.
- John Elbon will serve as interim CEO.
- Bruno expressed gratitude for the opportunity and stated his work at ULA is complete.