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While CEO of Textron in 2008, Lewis B. Campbell earned a total compensation of $9,833,127, which included a base salary of $1,100,000, a cash bonus of $617,980, stocks granted of $5,314,507, and options granted of $2,149,798. [1] On December 1, 2009, Campbell retired as CEO of Textron as part of a multi-year succession plan.
Shares in Textron plummeted to as low as $10.09 per share in the aftermath of the 2008 economic downturn, driving its market capitalization down to just $3.17 billion. [citation needed] While the company lost 75% of its value in the first ten years of Campbell's leadership, he managed to take home over $120 million in compensation. His salary ...
Donnelly joined Textron in July 2008 as executive vice president and chief operating officer (COO) as part of a multi-year succession plan. On December 1, 2009, Lewis B. Campbell retired as CEO of Textron. He was succeeded as CEO by Donnelly. Donnelly was named chairman of the board on September 1, 2010. [2]
CEO pay includes salary, bonuses, stock sales, and other payments. Average CEO Pay is calculated using the last year a director sat on the board of each company. Stock returns do not include dividends. All directors refers to people who sat on the board of at least one Fortune 100 company between 2008 and 2012.
Striking Textron employees picket in front of the facility on Greenwich Rd. Around 5,000 members of the IAM Local 774 are on strike after rejecting the company’s latest contract offer on ...
AAI Corporation is an aerospace and defense development and manufacturing firm, located in Hunt Valley, Maryland, US. Formerly a wholly owned subsidiary of United Industrial Corporation, AAI was acquired by Textron in 2007. It currently operates as a unit of Textron Systems and employs more than 2,000.
Textron eViation Nexus Tiltrotor eVTOL model at EBACE 2023. Textron completed its purchase of Beech Holdings in March 2014 for approximately US$1.4 billion in cash. The parent company, Textron, financed the equity purchase and the repayment of Beechcraft's debt in cash, plus its issue of US$600 million in senior notes and a new US$500 million five-year term loan.
Katie Holmes is setting the record straight about her daughter Suri Cruise's finances.. On Sunday, Dec. 8, Holmes, 45, shared a post on Instagram disputing a report from the Daily Mail that ...
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