Simon Caldecott has been appointed the new interim President and CEO of Piper Aircraft, Inc., effective immediately.
Caldecott joined Piper in 2009 and is the former Vice President of Operations responsible for Manufacturing Operations, Manufacturing Engineering, Quality and Supply Chain. Caldecott replaces Geoff Berger, who joined as the previous interim CEO in mid-2010.
"I would like to thank Geoff Berger for his outstanding service to Piper throughout his time here. His hard work and contributions have seen us through many important changes that have helped continue a great tradition of precision manufacturing and delivering best-in-class airplanes," Caldecott said.
Caldecott also indicated that former Executive Vice President Randy Groom has left the company. "I would also like to thank Randy Groom for many contributions to our globalization efforts and his excellent leadership of our customer-facing functions," he said.
Vertically Integrated Manufacturing Model
"Our team is dedicated to moving Piper forward. We will increase focus on the company's vertical integration manufacturing model along with continuous product improvements and thoughtful investments in our business and training aircraft to further recent growth gains." Deliveries of Piper's piston and turboprop powered aircraft have increased quarter over quarter and year over year as the company's business and training aircraft continue to outperform the marketplace in their aircraft categories.
Altaire Review Underway
"While the company continues to achieve internal financial and delivery targets for the existing turboprop and piston product lines, we have initiated a review of the Altaire business jet development program. This is being undertaken to ensure the company is properly aligning business goals and light jet market forecasts with investment strategies and economic forecasts," Caldecott said. The company will announce the conclusion of this review to employees and the industry as soon as possible.
Senior Aerospace Executive
With more than 37 years in aviation, Caldecott is a seasoned and successful aerospace executive with international experience at the senior level in European and North American operations. Prior to Piper, Caldecott was vice president Assembly Integration and Testing with Raytheon Aircraft and more recently vice president assembly operations with that company's successor Hawker Beechcraft. Simon is a Green Belt in the Six Sigma process improvement program. His education includes studies in Aeronautical Engineering in Wales and programs in Business Management at the London School of Business and the Chicago Graduate School of Business.
Caldecott worked as a design engineer for British Aerospace on development of the Hawker mid-size business jet, rising to be responsible for manufacturing, assembly, flight testing and completion of Hawkers. He also completed Lean Training with Kawasaki, which included touring Japanese manufacturing facilities to better understand how Lean is successfully applied across products from automotive to aerospace.