Textron (NYSE: TXT), Providence, RI, has named Scott Ernest president and CEO of Textron’s Industrial Segment and of Textron Specialized Vehicles Inc.
Ernest has served as president and CEO of Textron Aviation Inc. since 2011. He succeeds Kevin Holleran, a 15-year Textron veteran who led Textron Specialized Vehicles. In his additional role as president and CEO of the Industrial Segment, Ernest will oversee the Kautex business, which produces automotive fuel systems and functional components.
Ronald Draper, senior vice president, integrated supply chain, Textron Aviation, will succeed Ernest as president and CEO of Textron Aviation Inc.