Global Fastener News

Rayburn Leaving; Textron Picks Barker

July 13
00:00 2000

Rayburn Leaving; Textron Picks Barker

John Wolz

Andy Rayburn, president of Textron Fastening System�s Supply Chain Solutions Group is leaving to concentrate on baseball and investments.
Rayburn became president when Textron purchased Streetsboro, OH-based Flexalloy Inc. in April 1999. Rayburn had been president of Flexalloy since 1981.
Textron announced it will consolidate its Commercial and Supply Chain Groups. The two groups� revenues exceed $900 million.
William Barker will head the combined groups.
Barker, 50, was president of the automotive safety products division of propellant-actuated device supplier OEA.
The commercial solutions group, supplies fasteners and vendor managed inventory in 25 countries.
Rayburn purchased the Daytona Cubs, a Class A Minor League baseball team and will head an investment group, Big Game Capital.

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