Spirit AeroSystems Holdings, Inc. [NYSE: SPR] has reported Larry Lawson, its president and CEO, informed its board of directors of his decision to retire on July 31, 2016, the company said.
Lawson joined Spirit in 2013 and is credited with transforming the company´s performance through organizational realignment, talent development and business fundamentals.
Spirit´s board of directors said chief operating officer Tom Gentile will take over as Spirit President and CEO following Lawson´s retirement, and will transition into the new role over the next several weeks.
Gentile joined Spirit earlier this year, assuming responsibility and oversight of all Spirit programs as well as all aspects of engineering, operations and business development. Prior to joining Spirit, Gentile spent two decades in leadership roles at GE, including president and CEO of GE aviation services and president and CEO of GE Healthcare Systems.
Spirit AeroSystems Inc. designs and builds aerostructures for both commercial and defense customers. With headquarters in Wichita, Kansas, Spirit operates sites in the US, UK, France and Malaysia. The company´s core products include fuselages, pylons, nacelles and wing components for the world´s premier aircraft.