Financier John Phelan Tapped to be Next Navy Secretary

[John] Phelan is the founder of private equity firm Rugger Management LLC and previously served as the chairman and chief investment officer of the firm that oversaw the fortune of Dell Technologies founder Michael Dell. He is also on the board of the Spirit of America [front group] non-profit, a non-partisan group with a mission to support American troops abroad that has also supported troops in Ukraine.

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