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Another New CEO At Piper

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Piper Aircraft interim CEO Geoff Berger is out, the company announced on Monday, and Simon Caldecott has been appointed the new interim CEO, effective immediately. Berger had been with the company since July 2010, when he replaced Kevin Gould, who had been appointed CEO in June 2009, replacing James Bass, CEO since 2005. Piper also said on Monday the Altaire jet program is being reviewed. "This is being undertaken to ensure the company is properly aligning business goals and light-jet market forecasts with investment strategies and economic forecasts," Caldecott said. Monday's news release said the company will announce the conclusion of this review "as soon as possible."

Caldecott joined Piper from Hawker Beechcraft in 2009 to take over the Altaire program. Previously, he had worked for Raytheon Aircraft, and brings a total of 37 years of aviation experience to his new job. He said on Monday that former Executive Vice President Randy Groom has left the company. Groom also was with Hawker Beechcraft before joining Piper in April 2010. Piper is based in Vero Beach, Fla., and is financed by the government of Brunei.

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