Textron Announces CFO Frank Connor's Retirement, David Rosenberg Named Successor
PROVIDENCE, R.I., October 25, 2024 (VSNewsNetwork.com) – Textron Inc., a company specializing in aircraft, defense, industrial products, and finance services, has announced that Frank T. Connor, executive vice president and chief financial officer, will retire effective February 28, 2025. David Rosenberg, currently Textron’s vice president of Investor Relations, will succeed Connor as executive vice president and CFO, starting March 1, 2025.
“On behalf of the Board of Directors, I would like to thank Frank for his outstanding leadership over the past 15 years. We are grateful for the significant contributions he has made across Textron in helping to drive financial and operational excellence”, said Scott Donnelly, Textron chairman and chief executive officer.
Rosenberg, who has more than 24 years of experience in the aviation industry, has served as Textron’s vice president of Investor Relations since January 2024. Before this, he was senior vice president and CFO of Textron Aviation, where he helped oversee the integration of Beechcraft and Cessna Aircraft into what is now Textron Aviation. His career at Textron and Beechcraft has spanned leadership roles in financial planning, business management, and strategic planning.
“I am proud to welcome David as our new CFO. With his extensive background in financial management, including his leadership of the finance organization at Textron Aviation, and his deep understanding of our business, he is the ideal leader to step into this role”, Donnelly added.
As part of Textron’s succession planning, Scott Hegstrom, currently vice president of Strategy and Mergers & Acquisitions, will take over Rosenberg’s role as vice president of Investor Relations on March 1, 2025.
For more information, visit: www.textron.com.
Source: Textron Inc.