Spirit AeroSystems president/CEO to retire in early 2013

Jeffrey L. Turner, president and CEO of Spirit since 2005, intends to retire in early 2013, after the Board of Directors has hired a replacement.

Aerospace manufacturer Spirit AeroSystems (Wichita, Kan., USA) announced on Nov. 19 that its president and chief executive Oofficer, Jeffrey L. Turner, has advised its Board of his intent 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 and 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," says 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 Turner's distinguished leadership and contributions as president and CEO of Spirit AeroSystems. "Jeff was instrumental in the formation of Spirit seven years ago, and its strategic global growth as a public company since that time," says Johnson. "The Board of Directors looks forward to working with Jeff as we select a new CEO and begin a comprehensive succession." 

Spirit manufactures aerostructures, including those made with composites, for several customers, including Boeing, Airbus and others.