Embraer has decided to reintegrate its commercial aircraft business with the rest of the company following the collapsed deal to sell 80 percent of the division to Boeing, the Brazilian manufacturer said in a statement issued Monday. Slattery replaces retiring GE chief executive David Joyce on September 1; Joyce has agreed stay on as non-executive chairman and vice chairman of GE through the end of the year. Slattery joined Embraer in July 2016 and has been leading Embraer Commercial Aviation.
Questions have also been raised over how long high-profile Embraer jetliner CEO John Slattery, who aggressively marketed the E2 jet while lobbying … Embraer’s current commercial aviation chief, John Slattery, will replace David Joyce effective from July 13th. Prior to that, he was the business unit´s Chief Commercial Officer since November 2012. First, the commercial aerospace industry is …
Slattery replaces retiring GE … The company’s shares tumbled 35% this year through Friday, while the S&P 500 dropped 5.9%.Joyce, 63, has been one of the few consistent faces through a tumultuous stretch for GE, which lost more than $200 billion of market value in 2017 and 2018 as it grappled with weak demand and cash flow issues.
David Joyce steps down after 40 years in engine business Before that, since 2012, he served as the Chief Commercial Officer of the commercial aviation arm.Alexandre Silva, Chairman of the Board at Embraer, offered the following statement,The Brazilian aircraft manufacturer has selected Arjan Meijer to become the new President and CEO of In 2016, he started with Embraer as Vice President of Commercial Aviation for Europe, the Middle East, Africa, and Russia. “We’ve been talking to people in the industry for an extended period of time.”Joyce will serve as a strategic adviser next year, GE said.Slattery, 51, joined Embraer in 2011 and has run the Brazilian plane-maker’s commercial aviation unit since 2016. John has 2 jobs listed on their profile.
During his tenure at Embraer Commercial Aviation, the E-Jet installed base doubled, the number of operators grew by 45 percent, the unit backlog grew by 36 percent, and the number of countries operating the E-Jet increased by 39 percent.“John has played a central role at Embraer during a challenging time, and we thank him for his dedication and tireless service to the company, as well as its customers, employees, and partners,” said Embraer chairman Alexandre Silva. Departing chief is an ‘industry icon,’ says company CEO Culp At the same time, engines have become more efficient, and advanced technologies have been implemented across commercial and military spectrums.Embraer’s current commercial aviation chief, John Slattery, will replace David Joyce effective from July 13th. View John Slattery’s profile on LinkedIn, the world's largest professional community.
Slattery, 51, joined Embraer in 2011 and has run the Brazilian plane maker’s commercial aviation unit since 2016. Before joining Embraer, he served for 15 years with KLM as Vice President of Technical Services and Fleet Development at KLM’s regional subsidiary KLM Cityhopper– a major Embraer operator and customer.Moving forward, Embraer is starting its restructuring process and reintegrating the commercial aviation business. Into 2021, he will serve as a strategic advisor to GE Aviation.Embraer stated that Slattery was leaving Embraer for an opportunity with “one of the company’s main partners in the industry.” Slattery has served as the head of Embraer’s commercial aviation division since July of 2016. John Slattery, the chief executive officer of Embraer SA’s commercial aviation operations, was named CEO-elect of GE Aviation, effective July 13. The move is significant for two reasons.
The company’s shares have tumbled 35 percent this year through Friday, while the S&P 500 dropped 5.9 percent.Joyce, 63, has been one of the few consistent faces through a tumultuous stretch for GE, which lost more than $200 billion of market value in 2017 and 2018 as it grappled with weak demand and cash flow issues.
‘‘We’ve been talking to people in the industry for an extended period of time.’’Joyce will serve as a strategic adviser next year, GE said.Slattery, 51, joined Embraer in 2011 and has run the Brazilian plane maker’s commercial aviation unit since 2016. Mr Slattery (51), the head of commercial aviation at Brazilian planemaker Embraer, will assume the role of president and chief executive of GE Aviation on September 1st.
He previously held executive positions in the aircraft leasing market. The business has also had to contend with the grounding of Boeing Co.’s 737 Max and the impact of the coronavirus on aviation.‘‘When I came on in the fall of ‘18 I knew that one of the things I would need to tackle in the near- to medium-term was a transition at aviation since David was retirement-eligible,’’ Culp said.
At Embraer, Slattery led expansions of the E-Jet program with a 45% growth in operators and a backlog growth of 36%. Shares closed at $7.24.
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