Textron Aviation appoints new CEO as Ron Draper confirms retirement

Textron Aviation announced that a new Chief Executive Officer and President will assume duties immediately following the confirmed retirement of Ron Draper. Draper has been serving as CEO and President since 2017, overseeing significant growth for the aviation business segment. The transition is slated to commence imminently, ensuring continuity within the leadership structure at Textron Aviation. This change reflects a strategic move by the company as it continues its operations. Details regarding the incoming executive’s background are currently unavailable, but the appointment underscores Textron Aviation's commitment to future development.