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Jack Pelton Steps Down As CEO From Cessna AircraftTextron 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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i wonder how long HE will be out of work??
I know Cessna's current CFO and man, it is an amazing thing to have connections.
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.