Aerospace Company Spirit AeroSystems' CEO Thomas Gentile Departs
Portfolio Pulse from Shivani Kumaresan
Spirit AeroSystems Holdings Inc (NYSE:SPR) has appointed Patrick M. Shanahan as interim President and CEO, replacing Thomas C. Gentile. Shanahan, a member of the company's Board since November 2021, has a career spanning commercial and military programs. The company's shares are trading lower by 1.20% at $15.95.

October 02, 2023 | 2:13 pm
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Spirit AeroSystems has appointed a new interim CEO, which has led to a 1.20% drop in the company's stock price.
The appointment of a new interim CEO often leads to uncertainty among investors, which can result in a drop in the company's stock price. In this case, Spirit AeroSystems' stock price has dropped by 1.20% following the announcement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100