Executive Biography of James Zrust

James (Jim) Zrust

James (Jim) Zrust
Vice President, Finance,
Chief Financial Officer
Defense, Space & Security

Jim Zrust is vice president, Finance and chief financial officer for Defense, Space & Security (BDS), a $31 billion business unit specializing in innovative and capabilities-driven customer solutions, and the world’s largest and most versatile manufacturer of military aircraft. He leads a global organization responsible for all BDS financial activities.

With more than 30 years in the field, Zrust has considerable expertise working all aspects of federal and state tax issues in the United States as well as those related to major international transactions. Under his leadership, Boeing was granted certiorari by the U.S. Supreme Court on a major issue involving the calculation of export benefits. He also led Boeing’s efforts to find a suitable legislative replacement for the extraterritorial income regime that was found to be out of compliance with WTO rules. Zrust has testified on various tax matters before the U.S. Senate Finance Committee and the U.S. House Ways and Means Committee. He has also participated on numerous panels focused on a number of federal and international tax topics.

Zrust joined Boeing in 2000 to lead the company’s worldwide tax group. He previously worked at Honeywell, Inc. in Minneapolis for 15 years in a series of progressively responsible positions, the last of which was vice president – Tax. Prior to joining Honeywell, Zrust spent time at PricewaterhouseCoopers.

Zrust holds a Bachelor of Arts in accounting from St. John’s University, Collegeville, Minn., and a Juris Doctor from William Mitchell College of Law, St. Paul, Minn. He is also a Certified Public Accountant.