Textron Inc.

10/12/2018 | Press release | Distributed by Public on 10/12/2018 09:09

Textron Announces Scott Ernest as President and CEO of Textron’s Industrial Segment and Textron Specialized Vehicles Inc., and the Promotion of Ronald Draper as President and[...]

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Textron Inc. (NYSE:TXT) today announced that Scott Ernest, president and CEO of Textron Aviation Inc. since 2011, has been named president and CEO of Textron's Industrial Segment and of Textron Specialized Vehicles Inc. Ronald Draper, Textron Aviation's senior vice president, integrated supply chain (Operations), has been named to succeed Scott Ernest as president and CEO of Textron Aviation Inc.

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Scott Ernest, president and CEO of Textron's Industrial Segment and of Textron Specialized Vehicles Inc. (Photo: Business Wire)

Scott Ernest succeeds Kevin Holleran in leading the Textron Specialized Vehicles portfolio of businesses that includes powerful brands such as E-Z-GO, Arctic Cat, Textron Off Road, Jacobsen, Cushman, and Textron Ground Support Equipment. In his role as president and CEO of the Industrial Segment, he will also oversee the Kautex business which produces automotive fuel systems and functional components.

Ronald Draper has led all aspects of manufacturing operations for Textron Aviation since 2012, including strategic sourcing, quality, support services and aftermarket parts, as well as overseeing the manufacturing operations for the Beechcraft and Cessna product lines. Since joining Textron in 1999, he has held various leadership roles in business units throughout Textron, including vice president of integrated supply chain and director of strategic sourcing for E-Z-GO, director of procurement for the V-22 program at Bell Helicopter and director of supply chain production development at Cessna. Before joining Textron, he was a Captain in the United States Army serving in the Aviation branch as a helicopter pilot and company commander. Draper has a Bachelor of Science in Engineering Management from the United States Military Academy at West Point and earned a MBA from Wichita State University.

Kevin Holleran, a 15-year veteran of Textron, departs Textron Specialized Vehicles to embark on the next stage of his career. In recent years, Kevin has guided TSV through a challenging period of growth, encompassing the acquisitions of Arctic Cat, TUG and other ground support equipment businesses, plus integration of Jacobsen into our Augusta manufacturing plants.

Commenting on the leadership transition, Textron chairman and CEO Scott C. Donnelly said, 'Ron Draper has a great depth of knowledge about the worldwide aviation business and has led several of Textron Aviation's most impactful strategic initiatives. He has driven solid gains for the business in recent years, including the successful integration of our Beechcraft and Cessna operations, expansion of our quality management systems and global sourcing strategies. I am confident he is the right choice for leading Textron Aviation through its next phases of product development and growth.'

'Scott Ernest begins his leadership of Textron Specialized Vehicles at a time when his experience will be especially valuable,' added Donnelly. 'The business continues to expand its product line and build out its dealer network, which is vital for our plans to grow sales in the US and internationally. Scott brings an extensive track record of success in taking businesses to the next level- something he did very well at Textron Aviation, and I'm confident he will do at Textron Specialized Vehicles.'

'For 15 years, Textron has been strengthened by Kevin Holleran's countless contributions to Textron Specialized vehicles and the numerous brands within the business. I thank him for his contributions as he moves forward to new opportunities,' added Donnelly.

About Textron Specialized Vehicles Inc.

Textron Specialized Vehicles Inc. is a leading global manufacturer of golf cars, utility and personal transportation vehicles, snowmobiles, side-by-sides, all-terrain vehicles, professional turf-care equipment, and ground support equipment. Textron Specialized Vehicles markets products under the E-Z-GO®, Cushman®, Arctic Cat®, TextronOff Road, Jacobsen®, Dixie Chopper®, Ransomes®, TUG™, Douglas™, Premier™ and Safeaero™ brands. Its vehicles are found in environments ranging from golf courses to factories, airports to planned communities, and theme parks to hunting preserves.

About Textron Aviation Inc.

Textron Aviation Inc. is the leading general aviation authority and home to the Beechcraft, Cessna and Hawker brands, which account for more than half of all general aviation aircraft flying. The Textron Aviation brands represent unrivaled innovation, performance and leadership in the industry, and offer an unmatched value proposition rooted in the total ownership experience. Leveraging unparalleled speed-to-market, Textron Aviation provides the most versatile and comprehensive business and general aviation product portfolio in the world through five principal lines of business: business jets, general aviation and special mission turboprop aircraft, high performance piston aircraft, military trainer and defense aircraft and a complete global customer service organization. Textron Aviation has delivered more than 250,000 aircraft in over 143 countries. Its broad range of products include such best-selling aircraft as Citation business jets, King Air and Caravan turboprops and T-6 military trainer aircraft, all of which are backed by the industry's most capable global service network. For more information, visit www.txtav.com.

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, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Textron Off Road, Arctic Cat, Textron Systems, and TRU Simulation + Training. For more information, visit: www.textron.com.

Certain statements in this press release may project revenues or describe strategies, goals, outlook or other non-historical matters; these forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update them. 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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Textron Inc.
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Source: Textron