PROVIDENCE, R.I.--(BUSINESS WIRE)-- Textron Inc. (NYSE: TXT) today announced that Lisa Atherton has been named president & CEO of the Bell segment, effective April 28, 2023. Atherton, most recently the chief operating officer of Bell, succeeds Mitch Snyder, who will be retiring after more than seven years as president & CEO of Bell and nearly 20 years with the company.
Atherton served as president & CEO of Textron Systems from 2017 until January 2023 when she was named COO at Bell. She joined Textron Defense Systems in 2007 and, in 2013, she transitioned to Bell and held a number of leadership positions within Military Programs, including executive vice president, Military Business. A graduate of the U.S. Air Force Academy, she served eight years at the U.S. Air Force Air Combat Command’s Directorate of Requirements.
Commenting on the transition, Scott C. Donnelly, Textron chairman & CEO, said, “Lisa has done an outstanding job of building strong teams at Bell and Textron Systems in her 16 years with the company and has earned the confidence of our customers. Under her leadership, Bell will continue its strong execution across military and commercial programs and I am confident that she will provide the strategic vision to generate future growth for Bell.
“I also want to thank Mitch for his leadership. During his tenure, Mitch oversaw the development of new technologies and product innovations, significant wins in Bell’s military business and the expansion of our commercial programs,” Donnelly said.
Thinking above and beyond is what we do. For more than 85 years, we’ve been reimagining the experience of flight – and where it can take us.
We are pioneers. We were the first to break the sound barrier and to certify a commercial helicopter. We were a part of NASA’s first lunar mission and brought advanced tiltrotor systems to market. Today, we’re defining the future of advanced air mobility.
Headquartered in Fort Worth, Texas – as a wholly-owned subsidiary of Textron Inc., – we have strategic locations around the globe. And with nearly one quarter of our workforce having served, helping our military achieve their missions is a passion of ours.
Above all, our breakthrough innovations deliver exceptional experiences to our customers. Efficiently. Reliably. And always, with safety at the forefront.
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, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, and Textron Systems. 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, including, but not limited to, changes in aircraft delivery schedules or cancellations or deferrals of orders; our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers; changes in government regulations or policies on the export and import of our products; volatility in the global economy or changes in worldwide political conditions that adversely impact demand for our products; volatility in interest rates or foreign exchange rates; and risks related to our international business, including establishing and maintaining facilities in locations around the world and relying on joint venture partners, subcontractors, suppliers, representatives, consultants and other business partners in connection with international business, including in emerging market countries.
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