Donnelly

July 21, 2011 - 10:35am

Cessna Aircraft and Bell Helicopter parent company Textron reported second-quarter revenues of $2.7 billion yesterday, up $19 million from a year ago. Reported profits were $196 million, up $35 million from the same period last year. Textron chairman and CEO Scott Donnelly partially credited Bell–which saw its segment profit rise by $12 million year-over-year, to $120 million–for the improved results.

May 3, 2011 - 11:00am

After 11 years at Cessna, and eight of them in the left seat, Jack Pelton is leaving the Textron-owned, Wichita-based aircraft manufacturer. A Textron spokesman told AIN this morning that the decision for Pelton, 52, to retire was a mutual one between Pelton and Textron CEO Scott Donnelly.

May 2, 2011 - 3:30am

Cessna’s first-quarter revenues of $556 million were up by $123 million from the same period a year ago, but the Textron division still managed to sustain a larger operating loss–$38 million versus $24 million last year.

April 21, 2011 - 10:45am

Cessna’s first-quarter revenues of $556 million were up by $123 million from the same period a year ago, but the Textron division still managed to sustain a larger operating loss–$38 million versus $24 million last year.

August 3, 2010 - 6:57am

Textron CEO Scott Donnelly said his company is prepared to increase R&D spending at subsidiaries Bell and Cessna in anticipation of the aviation industry’s recovery.

He noted that Bell’s R&D funding will be increased by 50 percent, but did not specify how much Cessna’s R&D budget would rise. New models and upgrades to existing aircraft may come as soon as 2012, Donnelly said.

December 28, 2009 - 11:52am

Scott Donnelly took the helm as CEO of Textron on December 1, replacing retiring Lewis Campbell, who had been with Textron for 17 years, 11 of them as CEO. Donnelly moved to the COO spot at Textron in 2008 from GE Aviation, where he had been president and CEO, and was given the additional title of Textron president last January. Donnelly flies a Cessna 206 but told AIN late last year he was eying a Caravan.

November 2, 2009 - 5:01am

Cessna and Bell parent company Textron has tapped company president and COO Scott Donnelly to replace retiring Lewis Campbell as CEO, effective December 1. Campbell has been with Textron for the past 17 years, including the last 11 as CEO, following a lengthy career in the auto industry.

 
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