(Commodore) Jaenichen made his decision based on “just a pattern of performance over time that was consistently not meeting the standards” expected of a commanding officer, Myrick said. The captain lost confidence “in his ability to maintain the Helena crew’s proficiency and level of readiness.”The official Navy press release is here. I knew Bill Schwalm as a fellow Shift Eng and later Materials Officer at NPTU Charleston. He was always very professional; I'm sorry to see him lose his command.
Schwalm had assumed command of Helena on June 9 and led the submarine on a two-month deployment to the U.S. Southern Command region. He has been temporarily reassigned to a position at Naval Mine and Anti-submarine Warfare Command in San Diego, Myrick said.
Jaenichen assigned Cmdr. Daryl L. Caudle, his deputy at the submarine squadron, as the temporary commander of Helena until a permanent skipper is named. Caudle most recently had command of the fast-attack boat, Jefferson City.
Schwalm, a native of Petersburg, Mich., who was commissioned into the Navy in 1987, has served on five submarines, including the fast-attack submarine Philadelphia, where he served as the executive officer, according to his official biography. His other submarine assignments include the Daniel Webster, Sea Devil and Alabama.
Update 2312 20 May: Navy Times reports that five Navy COs have been fired in the last five weeks. Looks like a bad trend.