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New President and CEO at Cessna

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Key Takeaways:

  • Scott Ernest, a GE Aviation veteran with a strong background in supply chain and manufacturing, has been appointed president and CEO of Cessna Aircraft, succeeding Jack Pelton.
  • Ernest assumes leadership during a challenging market for business jets and single-engine aircraft, though there are recent hopeful signs of recovery.
  • Textron CEO Scott Donnelly expects Ernest to drive Cessna's growth by accelerating product development, strengthening manufacturing operations, and intensifying global expansion efforts.
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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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