Textron said Executive Vice President and Chief Financial Officer Frank T. Connor will retire from the company effective February 28, 2025, according to the company's announcement on October 23, 2024.

1. 01

   Textron said Executive Vice President and Chief Financial Officer Frank T. Connor will retire from the company effective February 28, 2025, according to the company's announcement on October 23, 2024.

2. 02

   Textron said David Rosenberg, currently Vice President – Investor Relations, was appointed Executive Vice President and Chief Financial Officer to succeed Connor, effective March 1, 2025.

3. 03

   The company said that under a letter agreement with David Rosenberg, the following will apply from March 1, 2025: an annual base salary of $850,000, a target annual incentive of 100% of base salary, and a long-term incentive target award of 250% of base salary.

4. 04

   Textron said David Rosenberg has more than 24 years of experience in the aviation industry and served as Senior Vice President & Chief Financial Officer of Textron Aviation from 2018 through 2023. The company also said Scott Hegstrom was appointed vice president, Investor Relations, effective March 1, 2025.

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