Why Recessions Forge Great CEOs Who Think Beyond Cost-Cutting
04/15/2025
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But the CEOs who make history in downturns aren’t the ones with the deepest cuts
Spirit AeroSystems CEO Tom Gentile has resigned, and former Boeing executive Greg Hayes has been named interim CEO. Gentile’s resignation comes as Spirit AeroSystems is in the midst of a proposed merger with Boeing.
In a statement, Gentile said he was “leaving Spirit AeroSystems at a time when the company is well-positioned for future growth.” He said he was “confident that Greg Hayes is the right person to lead Spirit AeroSystems through its next chapter.”
Hayes is a former CEO of Spirit AeroSystems and a former chairman and CEO of Boeing. He is a highly respected executive in the aerospace industry.
Spirit AeroSystems is a major supplier of aircraft components to Boeing and other airframe manufacturers. The company is a key player in the global aerospace industry.
The proposed merger between Spirit AeroSystems and Boeing is still subject to regulatory approval. However, the resignation of Gentile and the appointment of Hayes as interim CEO are seen as positive developments for the merger.
Hayes is a known advocate for the merger, and his appointment as interim CEO suggests that Boeing is committed to seeing the merger through.
The resignation of Gentile and the appointment of Hayes as interim CEO are significant developments for Spirit AeroSystems and the global aerospace industry. It remains to be seen how these changes will ultimately affect the merger between Spirit AeroSystems and Boeing.
Spirit AeroSystems CEO Tom Gentile has resigned, and former Boeing executive Greg Hayes has been named interim CEO. Hayes is a highly respected executive in the aerospace industry, and his appointment as interim CEO is seen as a positive development for the proposed merger between Spirit AeroSystems and Boeing.
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But the CEOs who make history in downturns aren’t the ones with the deepest cuts
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