Just out - Ted French, Textron's CFO as well as CEO of Textron Financial, is no longer with the company, effective immediately, after overseeing a 90% price drop in the stock price over the past 8 months. He must have seen the writing on the wall. Next up: Gulfstream, Hawker, Bombardier, Embraer and of course Dassault.
Here for the full press release.
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Monday, February 9, 2009
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