Swetnam chosen as association's first chief operating officer.

• Position: NDIA News

The National Defense Industrial Association announced that Terri M. Swetnam has been named to the new position of chief operating officer, effective Jan. 1.

She will be responsible for day-to-day management of financial and business operations for an organization that supports 1,600 member companies and 90,000 individual members.

Swetnam will report to Craig McKinley, who becomes NDIA's new president and CEO on Jan. 1.

Swetnam has spent more than 25 years in finance and operations management positions across non-profit, government and private sector for-profit organizations. She is currently chief financial officer at the American Psychiatric Association, a medical specialty society representing 35,000 psychiatrists worldwide.

In her 14 years as the senior business officer at APA, Swet-nam developed the strategy and led the execution of key initiatives to implement transformative changes to the organization's operations, while increasing annual revenues.

Her efforts included defining and enforcing financial and management policies to improve the operation of finance, contracts, information technology, real estate and human resources functions.

Prior to APA, Swetnarn served in finance, pricing and auditing positions at The National Academies, CACI International and the Defense...