Fulton, Md.-based NewDay USA LLC has announced that Rear Admiral Thomas C. Lynch (U.S. Navy, retired) will serve as chairman of its board of directors. Admiral Lynch succeeds outgoing chairman Bruce Giacoma, who remains on the company's board of directors and continues to serve as managing director of secondary marketing and capital markets.
After a 31-year Naval career, which included command of the Eisenhower Battle Group during Operation Desert Shield and serving as superintendent of the U.S. Naval Academy, Admiral Lynch retired from the Navy with the rank of Rear Admiral in 1995. Following his retirement from the Navy, he held senior executive leadership positions at Safeguard Scientifics, CompuCom Systems and The Staubach Co. and has served as a director of several private and publicly held companies.
Admiral Lynch graduated from the U.S. Naval Academy (B.S.) in 1964 and earned a Master of Science degree from George Washington University in 1971. He was recognized as a U.S. Naval Academy Distinguished Graduate in 2010.