Textron announced Wednesday that Lisa Atherton will succeed Scott C. Donnelly as president and CEO on Jan. 4, 2026. Atherton currently serves as president and chief executive officer of the company’s Bell segment. She will also join the Board of Directors, while Donnelly will become executive chairman, leading the board and advising the CEO on company matters.

R. Kerry Clark, the company’s lead director, said the board’s decision followed a “comprehensive succession planning process,” adding that Atherton’s leadership across multiple business units has been instrumental in the company’s growth.

“We witnessed Lisa play a key role in driving growth across her businesses and winning critical programs,” Clark said.

He also praised Donnelly’s 17-year tenure as CEO, noting his “strategic visi

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