Global Fastener News

Barker, Sights & Hirsch Shuffled at Textron

August 03
00:00 2000

Barker, Sights & Hirsch Shuffled at Textron

John Wolz

Textron Inc. named its fastener president, Jack Sights, as the new CEO of Textron Automotive Co. and Joachim Hirsch to replace Sights at Textron Fastening Systems.
Andy Rayburn, president of Textron Fastening System�s Supply Chain Solutions Group, left July 31 upon acquiring a minor league baseball team
Textron announced it would 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.
Sights. 53, replaced Sam Licavoli, who was named CEO of the industrial products unit.
“Jake” Hirsch, 48, joined Textron in 1999 as CEO of Germany-based Kautex Textron, a $900 million unit of Textron Automotive. Kautex manufactures fuel systems, plastic fuel tanks and blow-molded functional components and has 4,000 employees.

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