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 on May 3; Textron Chairman and CEO Scott Donnelly is stepping in to lead the company until a successor is found. Textron did not cite specifics on Peltonâ€™s departure, but quoted Donnelly as saying, â€śUnder Jackâ€™s leadership, Cessna achieved many significant program and product milestones and strengthened its ...
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