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He is the founder and chair of Rugger Management LLC, a Florida based private investment firm, and previously served as managing partner of MSD Capital, a private equity firm
During his confirmation hearing, Phelan stated that his outside business experience would aid the Navy in urgent need of reform.
Navy is at a crossroads, extended deployments, inadequate maintenance, huge cost overruns, delayed shipbuilding, failed audits, subpar housing, and sadly, record high suicide rates are systemic failures that have gone unaddressed for far too long, and frankly, this is unacceptable,” he told the Senate Armed Services Committee
Navy is at a crossroads, extended deployments, inadequate maintenance, huge cost overruns, delayed shipbuilding, failed audits, subpar housing, and sadly, record high suicide rates are systemic failures that have gone unaddressed for far too long, and frankly, this is unacceptable,” he told the Senate Armed Services Committee.
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