Cessna's Pelton Retires, Textron CEO Fills In

By Kerry Lynch .
WASHINGTON .

Jack Pelton, who has steered Cessna through one of the most difficult periods in its 84-year history, has retired as chairman, president and CEO, Cessna parent Textron announced today. Textron Chairman and CEO Scott Donnelly is stepping in to lead Cessna until a successor is found, the company adds.

Textron did not cite specifics on Pelton’s departure, but ...

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