PROVIDENCE, R.I.--(BUSINESS WIRE)--
Textron Inc. (NYSE:TXT) today announced that Mitch Snyder has been named
president & CEO of Bell Helicopter, succeeding John Garrison, who is
joining Terex Corporation (NYSE:TEX) as its new president & CEO.
Snyder joined Bell Helicopter in 2004, and has held several leadership
positions with the company, serving most recently as executive vice
president of Military Business. With more than 30 years experience in
the aerospace and defense industry, he is well prepared to build upon
Bell’s legacy as a leading supplier of commercial and military
rotorcraft worldwide. Throughout his career at Bell, Snyder has led a
number of the company’s most strategic initiatives, such as overall
operation of Bell’s government business and direction of the V-22 Osprey
program. Prior to joining Bell Helicopter, he held senior leadership
positions with Lockheed Martin in areas of engineering, business and
manufacturing.
Commenting on the leadership transition, Textron chairman & CEO Scott C.
Donnelly said, “Mitch steps into the leadership position during one of
the most exciting times in Bell’s history. He will focus on extending
the great success we’ve built for established programs like the V-22 and
H-1 military programs, while also growing our strong pipeline of new
products such as the 525 Relentless, 505 Jet Ranger X and the V-280
Valor — to name just a few. We are also grateful for John Garrison’s
years of leadership, and his diligence in driving so many improvements
in our global rotorcraft business,” he added.
About Bell Helicopter
Bell Helicopter, a wholly owned
subsidiary of Textron Inc., is an industry-leading producer of
commercial and military, manned and unmanned vertical-lift aircraft and
the pioneer of the revolutionary tiltrotor aircraft. Globally recognized
for world-class customer service, innovation and superior quality,
Bell's global workforce serves customers flying Bell aircraft in more
than 120 countries.
About Textron Inc.
Textron Inc. is a multi-industry company
that leverages its global network of aircraft, defense, industrial and
finance businesses to provide customers with innovative solutions and
services. Textron is known around the world for its powerful brands such
as Bell Helicopter, Cessna, Beechcraft, Hawker, Jacobsen, Kautex,
Lycoming, E-Z-GO, Greenlee, Textron Systems, and TRU Simulation +
Training. For more information, visit www.textron.com.
Certain statements in this press release are forward-looking
statements which may project revenues or describe strategies, goals,
outlook or other non-historical matters; these statements speak only as
of the date on which they are made, and we undertake no obligation to
update or revise any forward-looking statements. These statements are
subject to known and unknown risks, uncertainties, and other factors
that may cause our actual results to differ materially from those
expressed or implied by such forward-looking statements.
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Source: Textron