Textron Inc. (TXT)

87.54 +1.19 (+1.38%) As of 12:16PM EDT. Market open.

Textron Inc.

40 Westminster Street
Providence, RI 02903
United States
401 421 2800
https://www.textron.com

Sector(s): Industrials
Industry: Aerospace & Defense
Full-time employees: 35,000

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Scott C. Donnelly	Chairman, President & CEO	4.13M	7.48M	1962
Mr. Frank Thomas Connor	Executive VP & CFO	2.53M	2.13M	1960
Mr. E. Robert Lupone	Executive VP, General Counsel, Secretary & Chief Compliance Officer	1.79M	N/A	1960
Ms. Julie G. Duffy	Executive VP & Chief Human Resources Officer	1.33M	N/A	1967
Mr. Todd A. Kackley	Vice President & Chief Information Officer	N/A	N/A	N/A
Mr. David Rosenberg	Vice President of Investor Relations	N/A	N/A	N/A
Mr. Jorg Rautenstrauch	CEO & President of Industrial Segment and Kautex	N/A	N/A	N/A
Ms. Lisa M. Atherton	President & CEO of Bell Segment	N/A	N/A	N/A
Ms. Shannon H. Hines	Senior Vice President of Government Affairs & Washington Operations	N/A	N/A	N/A
Mr. Tom Hammoor	President & CEO of Textron Systems Segment	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates through six segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. The Textron Aviation segment manufactures, sells, and services business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft; and offers maintenance, inspection, and repair services, as well as sells commercial parts. The Bell segment supplies military and commercial helicopters, tiltrotor aircrafts, and related spare parts and services. The Textron Systems segment offers unmanned aircraft systems, electronic systems and solutions, advanced marine crafts, piston aircraft engines, live military air-to-air and air-to-ship training, weapons and related components, and armored and specialty vehicles. The Industrial segment offers blow-molded solutions, including conventional plastic fuel tanks and pressurized fuel tanks for hybrid vehicle applications, clear-vision systems, plastic tanks for catalytic reduction systems, and battery housing systems for use in electric vehicles primarily to automobile original equipment manufacturers (OEMs); and golf cars, off-road utility vehicles, powersports products, light transportation vehicles, aviation ground support equipment, professional turf-maintenance equipment, and turf-care vehicles to golf courses and resorts, government agencies and municipalities, consumers, outdoor enthusiasts, and commercial and industrial users. The Textron eAviation segment manufactures and sells light aircraft and gliders with electric and combustion engines; and provides other research and development initiatives related to sustainable aviation solutions. The Finance segment offers financing services to purchase new and pre-owned aviation aircraft and Bell helicopters. Textron Inc. was founded in 1923 and is headquartered in Providence, Rhode Island.

Corporate governance

Textron Inc.’s ISS governance QualityScore as of 1 October 2024 is 5. The pillar scores are Audit: 3; Board: 4; Shareholder rights: 7; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.