CEO Brad Lawrence Shared Secrets to Esterline's Success at June Breakfast Meeting
PNAA's 2011 Executive of the Year Brad Lawrence revealed his secrets to Esterline's successful business model at a packed PNAA Breakfast Meeting on June 29. According to Lawrence, Esterline is positioned to do $3 billion in annual sales by 2015. He attributes his company's success to hiring and retaining great employees, unusually strong competency in acquisitions and a good balance of commercial and defense work.
While Lawrence is optimistic about Esterline's future, he noted his concerns about sequestration and the uncertainty it presents to aerospace and defense companies. If carried out, sequestration would mean $500 billion in defense cuts that, according to Lawrence, would result in over 1 million lost jobs industry wide.
In spite of this uncertainty, Lawrence was confident that Esterline's entrepreneurial spirit, cost controls, prudent risk taking, and dedicated team would continue to provide the strong, steep growth rates that appeal to its shareholders.
Register Today! June 29th Breakfast Meeting with PNAA Executive of the Year Brad Lawrence, CEO of Esterline
Join PNAA on June 29 at the Esterline facility in Bellevue to find out how Esterline's President and CEO, Brad Lawrence, became PNAA's Executive of The Year. Mr. Lawrence will review his perspective on leadership in the aerospace industry.
Under Brad Lawrence's leadership, Esterline continues to grow its presence both locally and internationally. Headquartered in Bellevue, Esterline expects to report more than $2B in annual sales for FY2012. 2011 was marked by the acquisition of Souriau, a French connector company with locations in six countries throughout the world. Over the last 3 years, Brad has led Esterline through other major acquisitions including avionics, fasteners, military communications, and reconnaissance systems. Brad's focus on the strength of employee contributions and a decentralized corporate structure has contributed to Esterline’s growth and reputation as a rising aerospace powerhouse.
The cost is $30 for PNAA Members and $50 for non-members.
Click here to register.
Click here for Brad Lawrence's complete bio.
Click here for directions and a map.