Dennis Ferguson Named Mooney CEO

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Dennis Ferguson was named on Tuesday as the new CEO. He was previously president of Airshow Inc., an avionics manufacturing company. Prior to that, he was a vice president at Dynatech/Acterna Corporation. He introduced lean manufacturing practices that reduced manufacturing costs and increased product quality, Mooney said in a news release. "Dennis brings a strong background in the aviation industry and experience in transitioning a small, entrepreneurial company into a significant force in the marketplace," said Steven Karol, chairman of the board. "Mooney is ready to take the next step in its revitalization, having improved its market share, operational efficiencies and brand recognition over the past three years."