Dennis Ferguson was named on Tuesday as the new CEO. He was previously president of Airshow Inc., an avionics manufacturing company. Prior to that, he was a vice president at Dynatech/Acterna Corporation. He introduced lean manufacturing practices that reduced manufacturing costs and increased product quality, Mooney said in a news release. “Dennis brings a strong background in the aviation industry and experience in transitioning a small, entrepreneurial company into a significant force in the marketplace,” said Steven Karol, chairman of the board. “Mooney is ready to take the next step in its revitalization, having improved its market share, operational efficiencies and brand recognition over the past three years.”
Dennis Ferguson Named Mooney CEO
Key Takeaways:
- Dennis Ferguson has been appointed as the new CEO of Mooney, bringing a strong background in the aviation industry.
- Ferguson is noted for successfully implementing lean manufacturing practices that reduced costs and improved product quality in previous roles.
- His appointment aims to further Mooney's revitalization, building on recent improvements in market share and operational efficiencies, and to grow the company into a more significant market force.
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