Jack Pelton: Pelton succeeds Meyer
For the second time since 1975, Russ Meyer is not chairman of Cessna Aircraft.

For the second time since 1975, Russ Meyer is not chairman of Cessna Aircraft. Early last month, Meyer quietly retired as chairman with the honorary title of chairman emeritus. Simultaneously, Cessna president and CEO Jack Pelton assumed the chairman post.

While this latest announcement was low key–made internally to company employees rather than through a press release, as is typical–that was not the case in 2002 when Gary Hay became chairman and Meyer was named president of Textron’s Aircraft Sector, a short-lived structural reorganization. When Textron abandoned the “sector” structure just a few months later, Hay retired and Meyer assumed the chairman post again.

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