Rob Mionis
the Board of Directors of Textron Inc. (“Textron”) elected Rob Mionis as a member of the Board effective March 1, 2025.
Highest-materiality recent filing
All 11 director nominees elected with >93% support; Maria T. Zuber received 139.5M for, 9.4M against.
Textron Q1 adj EPS $1.45, revenue $3.7B; plans to separate Industrial segment in 12–18 months
Q1 adj EPS $1.45 (up from $1.28 YoY); GAAP EPS $1.25; revenue $3.7B up 12%.
Textron elects Cristina Méndez to board; effective Feb 15, 2026
Cristina Méndez, EVP and CFO of Otis Worldwide, elected to Textron board effective February 15, 2026.
Textron Q4 EPS $1.33 ($1.73 adj.) on revenue $4.2B (+16% YoY); guides FY26 adj. EPS $6.40-$6.60
Q4 GAAP EPS $1.33 (vs $0.76), adjusted EPS $1.73 (vs $1.34); revenue $4.2B up 16%.
Textron issues $500M of 4.950% Notes due 2036
Issued $500,000,000 principal amount of 4.950% Notes due March 15, 2036.
Textron Q3 adj EPS $1.55 beats $1.40, revenue $3.6B (+5%), backlog +$2.2B
GAAP EPS $1.31; adjusted EPS $1.55 vs $1.40 last year; revenue $3.6B, up 5% YoY.
Lisa Atherton, current Bell segment CEO, promoted to Textron President and CEO and joins Board effective Jan 4, 2026.
Textron enters new $1.0B credit facility expiring 2030, replacing prior facility
New $1.0B senior unsecured revolving credit facility, may be increased to up to $1.3B.
Textron Realigns eAviation Segment into Aviation and Systems, Effective January 2026
Textron management approved plan to eliminate Textron eAviation segment, effective January 4, 2026.
Textron Q2 2025: adjusted EPS $1.55 flat YoY; revenue up 5% to $3.7B; raises cash flow outlook
GAAP EPS $1.35; adjusted EPS $1.55 vs $1.54 prior year; revenue $3.7B (+5.4% YoY).
Textron Q1 GAAP EPS $1.13, adj. EPS $1.28; reaffirms FY2025 guidance; sells Powersports
GAAP EPS $1.13 vs $1.03 YoY; adjusted EPS $1.28 vs $1.20 YoY; revenue $3.3B (+$171M).
Textron shareholders elect all 10 director nominees, approve say-on-pay, ratify EY as auditor
All 10 director nominees elected; Scott C. Donnelly received 147.3M for, 6.6M against, 637K abstain.
Textron elects Rob Mionis, Celestica CEO, to Board effective March 1, 2025
Rob Mionis, President and CEO of Celestica Inc. ($9.7B revenue in 2024), elected to Textron Board.
Textron issues $500M of 5.500% Notes due 2035
Principal amount of $500,000,000 at 5.500% interest, maturing May 15, 2035.
Textron Q4 EPS $0.76 ($1.34 adj); 2025 adj EPS guidance $6.00-$6.20
Q4 GAAP EPS $0.76 versus $1.01 a year ago; adjusted EPS $1.34 versus $1.60.
Powersports production paused indefinitely in first half 2025 due to weak consumer demand.
Textron Q3 adj EPS $1.40 vs $1.49 YoY; cuts FY adj EPS guidance to $5.40-$5.60 from $6.20-$6.40
GAAP EPS $1.18; adjusted EPS $1.40 (down from $1.49); net cash from ops $208M.
Textron CFO Frank Connor to retire Feb 28, 2025; David Rosenberg succeeds as CFO
Frank Connor, EVP & CFO, retiring effective February 28, 2025, after 15 years.
IAM strike at Textron Aviation involving ~5,000 workers; contract expired Sept 22
IAM District 70, Local 774 voted to reject four-year contract, calling a strike effective Sept 21, 2024.
Textron Q2 adjusted EPS $1.54 beats $1.46 YoY; revenue up 3.3% to $2.74B
EPS from continuing ops $1.35; adjusted EPS $1.54 vs. $1.46 a year ago.
Textron Q1 adjusted EPS $1.20, up 14% YoY; expands restructuring plan to $165-170M
GAAP EPS $1.03, adjusted EPS $1.20 vs $1.05 prior year; segment profit $290M (+$31M YoY).
Textron shareholders elect all 10 directors, reject independent chairman proposal
All 10 director nominees elected with at least 147M votes for; Maria T. Zuber received 147.1M for, 16.5M against.
Textron amends By-Laws to adopt universal proxy rules and other governance changes
Amended By-Laws effective Feb 21, 2024, implementing Rule 14a-19 universal proxy requirements.
Textron reports Q4 adjusted EPS $1.60 (+30% YoY); FY2024 adjusted EPS guidance $6.20-$6.40
GAAP EPS $1.01, adjusted EPS $1.60 vs $1.23 YoY; full-year adjusted EPS $5.59 up from $4.45.
Textron approves restructuring plan cutting 725 jobs; expects $115M-$135M Q4 charges
Reduction of ~725 positions (2% of global workforce) at Industrial (Textron Specialized Vehicles, Kautex), Bell, and Textron Systems segments.
Textron issues $350M of 6.100% Notes due 2033
Sold $350M aggregate principal of 6.100% senior notes maturing November 15, 2033.
Textron Q3 adjusted EPS $1.49, up 30% YoY; raises FY adjusted EPS guidance to $5.45-$5.55
GAAP EPS $1.35; adjusted EPS $1.49 vs $1.15 a year ago.
Textron Q2 adjusted EPS $1.46, up 32% YoY; raises full-year outlook to $5.20-$5.30
Adjusted EPS of $1.46 (GAAP $1.30) vs $1.11 a year ago; revenue up 8.6% YoY.
Textron elects retired U.S. Army four-star general Michael X. Garrett to board
Election effective July 1, 2023; Garrett served as FORSCOM commanding general until 2022.
Textron Q1 EPS $0.92 ($1.05 adjusted); revenue up at Aviation, Industrial, Systems; Bell down
GAAP EPS $0.92 vs $0.88 YoY; adjusted EPS $1.05 vs $0.97.
Textron Q4 EPS $1.07 vs $0.93; 2023 adjusted EPS outlook $5.00-$5.20
Q4 EPS from continuing ops $1.07, up from $0.93 YoY; full-year EPS $4.01 vs $3.30.
Textron elects former Raytheon CEO Thomas Kennedy to board effective Jan 1, 2023
Thomas A. Kennedy, retired Executive Chairman of Raytheon Technologies, elected to Textron's Board.
Textron Q3 EPS $1.06 beats $0.85 adj. prior year; raises cash flow guidance to $1.1-$1.2B
EPS from continuing ops $1.06 vs $0.82 GAAP and $0.85 adjusted in Q3 2021.
Textron Q2 EPS $1.00 vs $0.81 YoY; Aviation backlog $5.8B; cash flow guidance raised
EPS from continuing operations of $1.00, up 23% from $0.81 in Q2 2021.
Textron Q1 2022 EPS $0.88, up 26% YoY; Aviation backlog $5.1B
GAAP EPS $0.88 vs $0.75 in Q1 2021; adjusted EPS $0.88 vs $0.70.
Textron acquires Pipistrel for €218M; forms new Textron eAviation segment
Cash purchase price of approximately €218 million for Pipistrel D.O.O., Pipistrel Vertical Solutions, and Pipistrel Italia.
Textron elects Richard F. Ambrose to Board, effective April 1, 2022
Richard F. Ambrose elected to Textron Board, effective April 1, 2022.
Textron Q4 adj EPS $0.94 vs $1.06 YoY; FY2022 EPS guidance $3.80-4.00
Q4 GAAP EPS $0.93, adjusted $0.94; full-year adjusted EPS $3.30 up from $2.07 in 2020.
Textron Q3 adjusted EPS $0.85 beats $0.53 YoY; raises FY guidance
Q3 adjusted EPS $0.85 vs $0.53 YoY; GAAP EPS $0.82. Revenue $2.99B, up $258M.
Textron Q2 EPS $0.81; raises full-year adjusted EPS guidance to $3.00-$3.20
EPS from continuing operations $0.81; adjusted EPS also $0.81 vs $0.13 in Q2 2020.
the Board of Directors of Textron Inc. (“Textron”) elected Rob Mionis as a member of the Board effective March 1, 2025.
David Rosenberg, currently the Company’s Vice President – Investor Relations, has been appointed Executive Vice President and Chief Financial Officer to succeed Mr. Connor, effective March 1, 2025.
Frank T. Connor, Executive Vice President and Chief Financial Officer, will be retiring from the Company effective February 28, 2025.
On June 22, 2023, the Board of Directors of Textron Inc. (“Textron”) elected Michael X. Garrett as a member of the Board effective July 1, 2023.
On December 6, 2022, the Board of Directors of Textron Inc. (“Textron”) elected Thomas A. Kennedy as a member of the Board effective January 1, 2023.
On February 23, 2022, the Board of Directors of Textron Inc. (“Textron”) elected Richard F. Ambrose as a member of the Board effective April 1, 2022.
Max materiality 0.85 · Median 0.70 · Most common event earnings