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Textron Elects Rob Mionis to Board of Directors

1. Rob Mionis joins Textron's Board of Directors effective March 1, 2025. 2. Mionis brings expertise from Celestica, enhancing Textron's strategic capabilities.

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Why Bullish?

Mionis' leadership experience in manufacturing and supply chains could positively influence Textron's operational efficiency and market position.

How important is it?

The appointment of a CEO from a tech-oriented manufacturing company indicates potential innovation and improved operations, likely influencing investor sentiment positively.

Why Long Term?

Increased strategic direction may take time to reflect in revenues, similar to past board appointments that led to gradual growth.

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CELHHONBAGD
PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) announced that Rob Mionis has been elected to the company's Board of Directors, effective March 1, 2025. Mionis is the President and Chief Executive Officer of Celestica Inc., a multinational leader in design, manufacturing, hardware platform and innovative supply chain solutions for a wide range of industries including aerospace, industrial and communications. Celestica's solutions span design and engineering through to after-market s.

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