The division has been upended as the coronavirus pandemic has battered the aviation industry, forcing the unit to cut 13,000 jobs.GE fell 4.4% to $6.93 at 9:35 a.m. in New York as markets slumped worldwide on anxiety over the pandemic. View John Slattery’s profile on LinkedIn, the world's largest professional community. At the same time, engines have become more efficient, and advanced technologies have been implemented across commercial and military spectrums.Embraer’s current commercial aviation chief, John Slattery, will replace David Joyce effective from July 13th. Cited by TIME and Intelligent Aerospace, among others, Jay’s focus on route planning and fleet developments allows him to dig deeper into the stories behind the headlines. Slattery replaces retiring GE … He previously held executive positions in the aircraft-leasing market.“This is a guy who really understands how the industry works,” said Culp. David Joyce steps down after 40 years in engine business
The company’s shares have tumbled 35 percent this year through Friday, while the S&P 500 dropped 5.9 percent.Joyce, 63, has been one of the few consistent faces through a tumultuous stretch for GE, which lost more than $200 billion of market value in 2017 and 2018 as it grappled with weak demand and cash flow issues. Under his time, the engine maker’s portfolio has expanded to include now ten different engine families.During his time at GE, Joyce helped grow GE Aviation’s revenue from $16.5 billion to a substantial $33 billion, with its backlog increasing from $26 billion to a whopping $270 billion. GE Aviation CEO-elect John Slattery (Photo: Embraer)
Be in the know.We use ads to keep our content free. Since July 2016, he has been leading Embraer Commercial Aviation. Slattery replaces retiring GE chief executive David Joyce on September 1; Joyce has agreed stay on as non-executive chairman and vice chairman of GE through the end of the year. Simultaneously, Embraer Commercial Aircraft CEO John Slattery will leave the company to become CEO-elect of GE Aviation effective July 13.
At Embraer, Slattery led expansions of the E-Jet program with a 45% growth in operators and a backlog growth of 36%.
“We’ve been talking to people in the industry for an extended period of time.”Joyce will serve as a strategic adviser next year, GE said.Slattery, 51, joined Embraer in 2011 and has run the Brazilian plane-maker’s commercial aviation unit since 2016. Slattery succeeds David Joyce, who is retiring.
The executive, who spent his entire GE career in the aviation unit and has run it for the last 12 years, was seen as a steadying influence for investors.“David really is an industry icon, trusted around the world at a time when the industry has seen a lot of change,” Culp said.Joyce delayed his retirement for several years in part because of “When I came on in the fall of ’18 I knew that one of the things I would need to tackle in the near- to medium-term was a transition at aviation since David was retirement-eligible,” Culp said. John Slattery President & Chief Executive Officer of Embraer Commercial Aviation and EVP.
John Slattery is leaving Embraer to become the CEO of commercial and military aircraft engine giant GE Aviation on 1 September, and will replace David Joyce, who announced his retirement in June. Follow him on social media for all his latest travel updates.Sign up to our daily aviation news digest. Boeing terminated the agreement April 25, claiming Embraer failed to meet all required terms and conditions. For the last 12 years, he has served as President and CEO of GE Aviation. Simultaneously, Embraer Commercial Aircraft CEO John Slattery will leave the company to become CEO-elect of GE Aviation effective July 13. Under his lead, Embraer received certification of the E190-E2 ahead of schedule, with better technical specifications, and, most impressive for a new aircraft, under budget.Slattery will fully assume his role as President and CEO of GE Aviation on September 1st of this year. The executive, who spent his entire GE career in the aviation unit and has run it for the last 12 years, was seen as a steadying influence for investors.‘‘David really is an industry icon, trusted around the world at a time when the industry has seen a lot of change,’’ Culp said.Joyce delayed his retirement for several years in part because of turnover at the top of GE, said Culp, who became chief executive in late 2018.
John Slattery, the chief executive officer of Embraer SA’s commercial aviation operations, was named CEO-elect of GE Aviation, effective July 13. Irishman Slattery has led Embraer’s Commercial Aviation business since 2016 and will replacing David Joyce who is set to retire after 40 years with the aircraft engine giant. ‘‘We’ve been talking to people in the industry for an extended period of time.’’Joyce will serve as a strategic adviser next year, GE said.Slattery, 51, joined Embraer in 2011 and has run the Brazilian plane maker’s commercial aviation unit since 2016. In his role as CCO, he has led global marketing and sales functions across six different regions, helping the company to achieve 35 airline deals.
Before that, since 2012, he served as the Chief Commercial Officer of the commercial aviation arm.Alexandre Silva, Chairman of the Board at Embraer, offered the following statement,The Brazilian aircraft manufacturer has selected Arjan Meijer to become the new President and CEO of In 2016, he started with Embraer as Vice President of Commercial Aviation for Europe, the Middle East, Africa, and Russia. He previously held executive positions in the aircraft leasing market.‘‘This is a guy who really understands how the industry works,’’ said Culp.