"Philip Bilden is the right choice to help us expand and modernize our fleet."īilden said in a statement: “I am deeply humbled and honored to serve as Secretary of the Navy. “As Secretary of the Navy, Philip Bilden will apply his terrific judgement and top-notch management skills to the task of rebuilding our unparalleled Navy,” President Trump stated in a release from the White House. In addition to serving on the board of the Naval War College Foundation, Bilden serves as director of the U.S. In 1996, the company sent him to Asia to establish a branch in Hong Kong, which he ran until three years ago, when he returned to the United States and settled back in Rhode Island, the Military Times reported.īilden reportedly has a son who graduated from the Naval Academy and another who is a midshipman in Annapolis. He then attended Harvard Business School, graduated in 1991 and took a job with HarbourVest, a private equity firm in Boston. Naval Institute News reported that Bilden is "originally from Newport," attended Georgetown on an ROTC scholarship and graduated in 1986.īilden served in the Army Reserve as a military intelligence officer from 1986 to 1996, including a stint at the Defense Intelligence Agency, according to a report in the Military Times. Trump announced on Wednesday that he was nominating Philip Bilden, 52, who is listed as a member of the board of trustees of a foundation that supports the Naval War College in Newport.Īccording to Newport voting and property records, Bilden's family is listed as residing at an Ocean Avenue mansion assessed at $6.4 million. A venture capitalist with extensive business experience in Asia and strong ties to Newport and the Naval War College is President Donald Trump's pick to be the nation's next secretary of the Navy.
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