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Esterline Corp. (ESL) Promotes Brad Lawrence to CEO

September 14, 2009 4:09 PM EDT
ESL Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

Revenue Growth %: +27.0%
Esterline Corporation (NYSE: ESL) announced that the company's president, R. Bradley "Brad" Lawrence, 62, has been elected to the Board of Directors and named Chief Executive Officer, effective November 1, 2009. Lawrence succeeds Robert W. Cremin as CEO. Cremin has been with the company for 33 years and will continue to serve as a non-executive Chairman of the Board of Directors through early 2011.

"Brad has the knowledge and proven leadership to take Esterline to the next level," Cremin said. "With more than 40 years of manufacturing and technology experience under his belt, I'm confident he can get the job done."

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