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Jack J. Pelton is an American aviation businessman who currently serves as the Chairman of the Board of the Experimental Aircraft Association (EAA) since 2012 and CEO of EAA since 2015. He also served as CEO of the Cessna Aircraft Company from 2004 to 2011, a subsidiary of Textron Inc and now a brand of Textron Aviation.
He became Textron's CEO in 1968 and retained that role following his 1974 election as chairman of Textron's board of directors. He held these posts until he joined to the Federal Reserve Board. [1] Despite the economy's weakening state during his time as CEO, Textron's sales grew 65% to $2.8bn as the company operated 180 plants worldwide.
Textron eViation Nexus Tiltrotor eVTOL model at EBACE 2023. Textron completed its purchase of Beech Holdings in March 2014 for approximately US$1.4 billion in cash. The parent company, Textron, financed the equity purchase and the repayment of Beechcraft's debt in cash, plus its issue of US$600 million in senior notes and a new US$500 million five-year term loan.
Bell Textron Inc. is an American aerospace manufacturer headquartered in Fort Worth, Texas. A subsidiary of Textron , Bell manufactures military rotorcraft at facilities in Fort Worth, and Amarillo, Texas , United States as well as commercial helicopters in Mirabel, Quebec , Canada .
Textron Inc. is an American industrial conglomerate based in Providence, Rhode Island. Textron's subsidiaries include Arctic Cat , Bell Textron , Textron Aviation (which itself includes the Beechcraft and Cessna brands), and Lycoming Engines .
CORRECTING and REPLACING Kodak Names Director Selections for Company's Post-Emergence Board Mark S. Burgess, Matt Doheny, John Janitz, George Karfunkel, Jason New and Derek Smith to join ...
Average CEO Pay is calculated using the last year a director sat on the board of each company. Stock returns do not include dividends. All directors refers to people who sat on the board of at least one Fortune 100 company between 2008 and 2012. The Pay Pals project relies on financial research conducted by the Center for Economic Policy and ...
Donnelly joined Textron in July 2008 as executive vice president and chief operating officer (COO) as part of a multi-year succession plan. On December 1, 2009, Lewis B. Campbell retired as CEO of Textron. He was succeeded as CEO by Donnelly. Donnelly was named chairman of the board on September 1, 2010. [2]