Textron CEO sees Ernest as part of Cessna ‘crown jewel’ return
Textron Inc.’s new Cessna chief takes the helm at a time when the business-jet maker’s orders are rebounding more slowly than the company would like, CEO Officer Scott Donnelly said in an interview.
Textron hired Scott Ernest, a General Electric Co. aviation executive, on Tuesday to lead the Cessna unit, where operating losses widened to $38 million in the first three months of the year, as orders rose at a slower pace than the Providence-based company expected. Still, Donnelly said, he sees a pickup. Ernest joins Cessna as the planemaker prepares for a rebound, Donnelly said.Full Story: Textron CEO sees Ernest as part of Cessna ‘crown jewel’ return Source: Providence Business News, June 2nd, 2011 Author: Layne, Daley Added on June 2nd, 2011 at 9:49 am, by Muse en Lystrala
Related Items (1)
Companies / Organizations (1)