Ingalls CEO to donate salary – minus $1 – for work force training

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(PASCAGOULA, Miss.) — Huntington Ingalls President and Chief Executive Officer Mike Petters will donate all but $1 of his annual base salary to enhance work force training, including scholarships for children of employees, Industry Week reported. Petters, who grew up in a large farm family and got a boost from scholarships to a Jesuit high school and the U.S. Naval Academy, sees this as chance to give back. He will be donating about $950,000.

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By Professional Mariner Staff