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Jack Pelton Steps Down As CEO From Cessna Aircraft

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Textron Inc. announced on Monday that Jack J. Pelton, chairman, president and CEO of its Cessna Aircraft unit, has retired from the company, and that a search for his successor is underway. Textron Chairman and CEO Scott C. Donnelly will run the business until a successor is named. The Cessna Aircraft Company is an airplane manufacturing corporation headquartered in Wichita, Kansas, USA. Their main products are (avstop.com) More...

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MANBOI
MANBOI 0
I wonder what he did? CEO's don't usually 'retire' without succession plans in place and all announced in advance. This announcement was made after the fact.
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Stonesurfer
Stonesurfer 0
I know Cessna's current CFO and man, it is an amazing thing to have connections.
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TTail
TTail 0
i wonder how long HE will be out of work??
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