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New President and CEO at Cessna

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Key Takeaways:

  • Scott Ernest, a GE Aviation veteran, has been named president and CEO of Cessna Aircraft, succeeding Jack Pelton.
  • He assumes leadership amidst a challenging business jet market, though there are recent hopeful signs in the single-engine sector.
  • Ernest's background includes extensive experience in aviation supply chain management at GE but limited general aviation experience.
  • Textron's CEO expects Ernest to accelerate product development, strengthen manufacturing, and intensify global expansion efforts at Cessna.
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Scott Ernest, a veteran of GE Aviation, has been named president and CEO of Cessna Aircraft by parent company Textron. Ernest replaces former Cessna Chairman and CEO Jack Pelton, who retired only weeks ago.

Ernest faces an extremely tough bizjet market that, despite recent hopeful signs, remains mired in a three-year slump. Single-engine business, likewise, has suffered greatly from the global economic downturn, though there have been hopeful signs in this market for Cessna of late, as well.

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