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Company Watch - Spirit AeroSystems.

New York (AirGuideBusiness - Company Watch) Aug 8, 2010

Spirit AeroSystems Holdings, Inc. reported second quarter 2010 financial results reflecting solid operating performance. Spirit's second quarter 2010 revenues were USD1.056 billion, down slightly from USD1.060 billion for the same period of 2009, driven by model mix and volume. Operating income increased to USD86 million, compared to (USD10) million for the same period in 2009. Net income for the quarter increased to USD55 million, or USD0.39 per fully diluted share, compared to (USD8) million, or (USD0.06) per fully diluted share, in the same period of 2009. Aug 3, 2010

Spirit AeroSystems Holdings, Inc. today announced a series of strategic leadership moves within its finance organization. Steve Sharp, 48, has been named vice president, corporate controller and treasurer for the company reporting to Senior Vice President and Chief Financial Officer Phil Anderson. Sharp, formerly the executive in charge of Spirit's Global Facilities Team and previously the controller of Fuselage Systems Segment, has held a number of key leadership roles in finance and factory operations during his 24 years of service at Boeing and Spirit. As a corporate officer and the company's principal interface with the board of directors' audit committee, Sharp is charged with ensuring Spirit's financial disclosures and regulatory compliance remains timely, transparent and efficient. Jul 29, 2010

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Publication:AirGuide Business
Geographic Code:1U2NY
Date:Aug 8, 2010
Words:269
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