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Textron Names Lisa Atherton CEO; Scott Donnelly to Become Executive Chairman

The board characterizes the change as a planned succession following a comprehensive review.

Overview

  • Lisa Atherton will take over as president and CEO on January 4, 2026, and will join Textron’s Board of Directors upon assuming the role.
  • Atherton currently leads Textron’s Bell segment and brings 18 years at the company, including prior posts as Bell COO and Textron Systems president and CEO.
  • Scott C. Donnelly will transition to Executive Chairman, where he will lead the board and advise the chief executive.
  • Textron’s lead director said the decision followed a comprehensive succession planning process and credited Atherton with driving growth and key program wins.
  • Donnelly has served as CEO since 2009, and the leadership shift comes shortly after an SEC filing disclosed the dissolution of Textron eAviation with most programs moving to Textron Aviation.