Spirit's Jeff Turner Explains His Decision To Retire

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Tuesday June 11, 2013

Recently retired Spirit Aerosystems CEO Jeff Turner says it was him alone who convinced the company's board of directors it was time to retire.

In an exclusive television interview Turner says, "I talked it over with the board and basically convinced the board that it was time for a change."

Turner turned over Spirit's CEO duties to Spirit's new top boss Larry Lawson April 6th.

Turner says he was disappointed with the company's results in 2012. He says he felt it was time for a set of fresh eyes leading Spirit.

As CEO, Turner had to explain to stockholders and analysts Spirit's over charges on programs last year.

Turner was named President and CEO when Spirit formed in 2005. Prior to that he was in the same office as Boeing Wichita Vice President and General Manager for ten years.

Turner grew up in Wichita graduating from North High and WSU. He got a Masters in Business from MIT.

Turner says he's "bullish" on Spirit's future saying employees know what they're doing and building products the market wants.

Turner says Larry Lawson will do a great job at leading Spirit.

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