Textron CFO Frank Connor to retire; David Rosenberg named successor effective March 1, 2025
Textron announced that Chief Financial Officer Frank Connor will retire effective February 28, 2025. David Rosenberg, the company's Vice President of Investor Relations, will succeed him as Executive Vice President and Chief Financial Officer effective March 1, 2025, with an annual base salary of $850,000 and a target incentive of 100% of salary. For shareholders, this is a planned transition of the top finance role, with the new CFO previously serving as CFO of Textron Aviation from 2018 to 2023 per the filing.
Key points
- Frank T. Connor, Executive Vice President and CFO, retires effective February 28, 2025
- David Rosenberg, currently Vice President of Investor Relations, becomes EVP and CFO effective March 1, 2025
- Rosenberg's compensation: $850,000 annual base salary, 100% target annual incentive, 250% target long-term incentive award
- Scott Hegstrom, VP Strategy and Mergers & Acquisitions, becomes VP Investor Relations effective March 1, 2025
The filing
Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 23, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.