Monday, 6 June 2011

Cessna's new CEO

Jack Pelton came into work at Cessna a couple of weeks ago and retired. Colleagues in the USA tell me that Jack's retirement came in the form of being fired with immediate effect. Some poor Q1 numbers and a reluctance to make deeper cuts apparently sealed his fate. That's all rumour and hearsay of course.

Today Scott Ernest, Jack's replacement, starts his second week at Cessna. If the rumours are true the spreadsheets will be getting worn out and Scott will be weighing up his first set of tough decisions. If the rumours aren't true…well, Oshkosh is only six or seven weeks away and Cessna will be shouting from the Wisconsin rooftops.

Watch this space.

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