Spirit AeroSystems president/CEO set to retire
Nov. 19, 2012, Wichita, Kan. - Spirit AeroSystems announced today that its president/CEO, Jeffrey L. Turner has advised its Board of his intention to retire in early 2013, after the Board has had an opportunity to conduct a search for and hire a new CEO. Turner will continue to serve as president/CEO until his successor takes office.
The Board convened a special CEO search committee comprised of Spirit Board members Robert Johnson, Tawfiq Popatia, Francis Raborn, Paul Fulchino and Ronald Kadish to begin the CEO search process, targeting qualified internal and external candidates.
"I decided to inform the Board of Directors of my intention to retire in early 2013 to ensure adequate time to find a suitable replacement, and allow for an effective handover of duties," said Jeff Turner, adding "I am proud of the great Company we have formed, the growth we have achieved since 2005 and the solid opportunities for the future. I am now looking forward to the next phase in my life, and handing over the reins to a new CEO to take Spirit forward."
Robert Johnson, Chairman of the Board, expressed the Board's appreciation for Jeff Turner's distinguished leadership and contributions as President and CEO of Spirit AeroSystems. Johnson added, "Jeff was instrumental in the formation of Spirit seven years ago, and its strategic global growth as a public company since that time. The Board of Directors looks forward to working with Jeff as we select a new CEO and begin a comprehensive succession."