Textron announces Jack Pelton retirement

Textron, parent company of Cessna Aircraft announced the retirement
earlier this week of Jack Pelton.

A search has begun for his successor but for now Textron chairman and
chief executive officer Scott C Donnelly will run the business unit until a
successor is named.

Pelton joined Cessna in
November 2000 as senior vice president, Product Engineering and oversaw
Cessna’s engineering and product development activities, including new aircraft
development, design, experimental and production test flight, certifications
and product improvements for all Cessna models. He was named president and
chief executive officer in 2003 and chairman in 2005.

Commenting on Pelton’s departure, Textron
chairman and chief executive officer Scott C. Donnelly said, “Under Jack’s
leadership, Cessna achieved many significant program and product milestones and
strengthened its position as a thought leader in the aviation industry. We
appreciate Jack’s efforts and wish him the best in his future endeavors.”