HBC: Troubling Developments at Hawker Beechcraft

Amidst ongoing financial turmoil at the company, Hawker Beechcraft announced the addition of recovery specialist Robert “Steve” Miller as CEO on Wednesday. Miller, often cited as the “turnaround kid” for his work restructuring struggling companies in the steel, automotive and waste management industry, will take the reins at Beechcraft immediately. Former CEO Bill Boisture will remain Chairman of the company’s Hawker Beechcraft Corporation subsidiary. A Wall Street Journal blog is also reporting… (www.flyingmag.com) Mais...