Navy Secretary John Phelan leaving 'immediately,' Pentagon says
Navy Secretary John Phelan leaving 'immediately,' Pentagon says
LUIS MARTINEZWed, April 22, 2026 at 10:07 PM UTC
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Navy Secretary John Phelan leaving 'immediately,' Pentagon says
Secretary of the Navy John Phelan “is departing the administration, effective immediately,” the Pentagon's top spokesman Sean Parnell said Wednesday. It’s not yet clear what prompted the announcement and whether Phelan is stepping down or has been asked to.
Parnell said Undersecretary of the Navy Hung Cao will serve as acting Secretary of the Navy.
"On behalf of the Secretary of War and Deputy Secretary of War, we are grateful to Secretary Phelan for his service to the Department and the United States Navy. We wish him well in his future endeavors," Parnell said in his statement.
Alex Brandon/AP, FILE - PHOTO: In this Dec. 22, 2025, file photo, Secretary of the Navy John Phelan speaks at President Donald Trump's Mar-a-Lago club, in Palm Beach, Fla.
Phelan was appointed to his position in March 2025.
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According to his Department of the Navy biography, Phelan was founder and chairman of Rugger Management, a private investment firm based in Palm Beach, Florida. Before launching Rugger, he was a co-founder and co-managing partner of MSD Capital, a private investment firm for Michael Dell, and MSD Partners, which managed investments for third-party investors.
He earned a master’s degree from Harvard Business School and graduated Phi Beta Kappa, cum laude with distinction from Southern Methodist University with a bachelor’s in economics and political science.
Phelan also earned a general course degree in economics and international relations from the London School of Economics.
This is a developing story. Please check back for updates.
Source: “AOL Money”