Bell's CEO got turfed yesterday!
To All Bell Helicopter Employees
As you are well aware, Bell Helicopter is at a pivotal point in its growth. There is tremendous opportunity ahead. With the V-22 in full rate production and other key programs on the cusp of blossoming, the prospects for Bell?s future are exciting indeed.
We have generated a lot of customer enthusiasm for our products, which has resulted in increased sales and contracts that bode well for our future. What this means, however, is that we absolutely must step up our capabilities to meet our commitments to our customers in critical areas such as quality, delivery and cost. Now that they?ve placed their trust in us, we must demonstrate that we can deliver consistently and earn their business every day.
The need for more effective operational performance is intensifying in the face of mounting customer demand and a rapidly changing global marketplace. To that end, Mike Redenbaugh and I have agreed that a different set of leadership skills are required to lead Bell Helicopter into its next phase of growth, and Red has decided to resign from the company. In turn, I have chosen to put Dick Millman in place as your new president and CEO, effective immediately.
There are several reasons why I chose Dick for this very important role. As many of you are probably aware, Dick has been leading Textron Systems for many years. For more than two decades, he has been an outstanding leader at Textron. His track record of performance ? on both the growth and operations management sides of the equation, is exemplary. Dick is well experienced with government customers and producing complex finished goods for aerospace and defense applications. He is also an executive who believes in teamwork and people development.
I know that Dick will be communicating with you directly, and I am sure that soon you will come to know him and appreciate his very direct, no-nonsense style and undying commitment to doing the right thing for our customers, employees and shareholders.
Under Mike Redenbaugh?s leadership, Bell Helicopter achieved some major product and program milestones, including moving into full-rate production of the groundbreaking V-22. He reinvigorated customer interest in Bell Helicopter?s products and services, and I would like to personally thank him for his tremendous contribution to the company. Please join me in wishing him the best in the future.
Lewis
To All Bell Helicopter Employees
As you are well aware, Bell Helicopter is at a pivotal point in its growth. There is tremendous opportunity ahead. With the V-22 in full rate production and other key programs on the cusp of blossoming, the prospects for Bell?s future are exciting indeed.
We have generated a lot of customer enthusiasm for our products, which has resulted in increased sales and contracts that bode well for our future. What this means, however, is that we absolutely must step up our capabilities to meet our commitments to our customers in critical areas such as quality, delivery and cost. Now that they?ve placed their trust in us, we must demonstrate that we can deliver consistently and earn their business every day.
The need for more effective operational performance is intensifying in the face of mounting customer demand and a rapidly changing global marketplace. To that end, Mike Redenbaugh and I have agreed that a different set of leadership skills are required to lead Bell Helicopter into its next phase of growth, and Red has decided to resign from the company. In turn, I have chosen to put Dick Millman in place as your new president and CEO, effective immediately.
There are several reasons why I chose Dick for this very important role. As many of you are probably aware, Dick has been leading Textron Systems for many years. For more than two decades, he has been an outstanding leader at Textron. His track record of performance ? on both the growth and operations management sides of the equation, is exemplary. Dick is well experienced with government customers and producing complex finished goods for aerospace and defense applications. He is also an executive who believes in teamwork and people development.
I know that Dick will be communicating with you directly, and I am sure that soon you will come to know him and appreciate his very direct, no-nonsense style and undying commitment to doing the right thing for our customers, employees and shareholders.
Under Mike Redenbaugh?s leadership, Bell Helicopter achieved some major product and program milestones, including moving into full-rate production of the groundbreaking V-22. He reinvigorated customer interest in Bell Helicopter?s products and services, and I would like to personally thank him for his tremendous contribution to the company. Please join me in wishing him the best in the future.
Lewis