Management moves recently announced by Esterline Technologies do not directly affect its Everett-based division, Korry.
The changes are limited to the diverse aerospace company’s corporate office in Bellevue, and are another example of Esterline’s newish CEO Curtis Reusser putting his stamp on the company.
Last week, Esterline announced it was going from three so-called segment leaders down to two. Roger Ross was named president of its new Sensors and Systems segment, and Albert Yost was named president of its Avionics and Controls and its Advanced Materials segments.
Since joining the company in 2013, Reusser has aggressively pushed Esterline to adopt lean manufacturing and toward more centralized control, creating a more uniform company.
Investment analysts saw the latest moves as another step in that effort.
“We believe this change will facilitate our ongoing integration process, create greater responsiveness, allow us to uncover further opportunities for efficiency and accelerate the implementation of a range of best practices and cost-savings initiatives,” Reusser said in a news release announcing the moves.
That does not directly mean anything yet for Korry, a company official said.
Korry is a division of Esterline and makes cockpit control and display panels at Paine Field near Everett. Earlier this summer, Bellevue-based Esterline announced that Korry will produce control panels for Boeing’s 777X.
The company reports its third quarter earnings Sept. 3.
Dan Catchpole: 425-339-3454; dcatchpole@heraldnet.com; Twitter: @dcatchpole.
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