Wed, Oct 22, 2003
President and CEO Becomes New Chairman of Goodrich
In the final step in the
company's current senior executive succession plan, Marshall O.
Larsen (right) was named Chairman of Goodrich Corporation by
its Board of Directors, succeeding David L. Burner. Larsen is now
Chairman, President and Chief Executive Officer of the company.
Assessing the changes to Goodrich over the last several years,
Larsen stated, "Under Dave's leadership, Goodrich experienced rapid
growth and a total transformation into a global aerospace company.
We're now a top-tier aerospace systems supplier with a customer
base that includes Airbus, Boeing, regional and business aircraft
manufacturers, the world's airlines and the U.S. and European
defense forces. I am truly honored to be chosen to continue to
shape the future of Goodrich, and sincerely wish Dave all the best
as he embarks on a new chapter of his personal and professional
life."
Larsen joined the company in 1977 as an Operations Analyst and
Financial Manager. In 1986, he became Assistant to the President
and later served as General Manager of several divisions of the
company's Aerospace business. In 1994, he was elected a Vice
President of the company and was named a Group Vice President of
Goodrich Aerospace. In 1995 Larsen was appointed Executive Vice
President of the company and President and Chief Operating Officer
of Goodrich Aerospace. In February 2002 Larsen was named President
and Chief Operating Officer and in April 2003 he was appointed
President and Chief Executive Officer of Goodrich Corporation. He
is a graduate of the U.S. Military Academy at West Point and holds
an MS from the Krannert School of Industrial Management at Purdue
University.
Burner, who will officially retire on April 30, 2004, after a
20-year career in aerospace simultaneously retired as a Goodrich
Board member. Burner served as Chairman and Chief Executive Officer
from 1997 to April 2003. He was elected President and a Director of
the company in 1995 and Chief Executive Officer in 1996.
Previously, he served as Executive Vice President and President and
Chief Operating Officer of the company's Aerospace segment. He
joined the company in 1983 and served in several management
positions prior to his appointment as President of Aerospace in
1987.
Burner currently serves
on the Board of Directors of Lance, Inc., Milacron Inc., Progress
Energy Inc., Briggs & Stratton Corporation and Engelhard
Corporation. He is also co-chair of Advantage Carolina, a member of
the North Carolina Citizens for Business and Industry Board and a
member of the North Carolina Business Council of Management and
Development. Burner also serves on the Board of Directors of
Carolinas Partnership, the Charlotte Symphony Orchestra, and the
Charlotte Research Institute. He is also a member of the United Way
of Central Carolinas Board of Directors and served as Chair of the
2001 Central Carolinas Campaign.
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