Lisa M. Atherton
President and Chief Executive Officer
Executive
0 yr
9 reports
Textron Inc. ·TXT
Aerospace & Defense · Fortune #311 · Holding structure · 34K employees · Providence, Rhode Island
Sourced from Textron Inc. 10-K · filed 2026-02-11 ↗ View on SEC
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Download the CSV data insteadTextron is led by a new CEO paired with an executive chairman, an uncommon structure that blends succession continuity with decentralized control. This page maps Textron’s holding‑company org, its enterprise executives, segment CEOs, recent leadership changes, and peer comparisons.
What to model
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Elected to the Board effective February 15, 2026.
Source · See change logThe people
7 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
President and Chief Executive Officer
Executive
0 yr
9 reports
President and CEO, Textron Aviation
Textron Aviation
1 reports
Executive Vice President and Chief Financial Officer
Finance
2 reports
President and CEO, Bell
Bell
0 reports
Executive Vice President, General Counsel and Secretary
Legal
0 reports
Executive Vice President, Human Resources
Human Resources
0 reports
Executive Chairman of the Board
Board / Executive
0 reports
The businesses
3 divisions report into the group CEO. Tile size scales with estimated headcount.
13K employees
President and CEO (Ron Draper)
Designs, manufactures, and services business jets and general aviation aircraft under the Cessna and Beechcraft brands.
9K employees
President and CEO (Chris Lemos)
Develops and manufactures military and commercial helicopters and tiltrotor aircraft.
1K employees
EVP & CFO (David Rosenberg)
Oversees financial reporting, treasury, tax, and investor relations for the enterprise.
The thesis
Textron’s most distinctive feature is the pairing of a newly appointed CEO with an executive chairman who previously ran the company for nearly two decades.
Lisa Atherton stepped into the CEO role in January 2026 while Scott Donnelly transitioned to executive chairman, preserving strategic continuity at the top. Beneath them, Textron operates as a holding company with powerful, long‑tenured segment CEOs—particularly at Textron Aviation—who retain significant operational autonomy.
This structure keeps the corporate center relatively lean. Core enterprise functions such as finance, legal, and HR report directly to the CEO, while business execution is concentrated in the operating segments. The result is a CEO span that mixes functional control with direct oversight of major P&L leaders, rather than routing operations through a COO.
The comparison
Compared with other large aerospace and defense manufacturers, Textron’s leadership model is more decentralized. Peers such as RTX and Boeing tend to emphasize stronger enterprise integration through COOs or presidents overseeing operations. Textron instead relies on segment CEOs with long tenures and deep industry …
Current signals
The most consequential change was Lisa Atherton’s promotion to CEO alongside the creation of an executive chairman role for longtime chief Scott Donnelly.
Transitioned from CEO to Executive Chairman effective January 4, 2026.
SourceYear-over-year executive structure based on SEC proxy and annual filings.
Final year with Donnelly as CEO before planned succession.
Stable long‑tenured leadership team.
Pre‑succession steady state.
Succession announced with no immediate structural change.
Lisa M. Atherton has served as Textron’s President and CEO since January 4, 2026.
Textron operates as a holding company with decentralized operating segments led by powerful segment CEOs.
The CEO has six direct reports, including enterprise executives and major segment CEOs.
In late 2025 and early 2026, Textron promoted Lisa Atherton to CEO, moved Scott Donnelly to executive chairman, and added a new independent director.
No. Textron does not have a COO, with operational authority instead vested in segment CEOs.
Reference
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
Creately. (2026). Textron Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/textron/"Textron Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/textron/. Accessed .Creately. "Textron Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/textron/.Textron Inc.. 10-K. Filed 2026-02-11. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/217346/000021734626000006/txt-20260103.htmPermanent URL: https://creately.com/org-chart/fortune-500/textron/ · last updated 2026-04-01