Continental Aerospace Technologies announced on Wednesday that it has appointed Karen Hong as its new president and CEO. Hong has been serving as the company’s interim CEO since September 2021, following the departure of former CEO Robert Stoppek. Hong’s new position is effective immediately.
“I am incredibly proud to lead this global team and organization into the future of general aviation,” said Hong. “As we look forward, I am thrilled about our product and technology opportunities as we transition into our state-of-the-art manufacturing to further enrich our customer’s experience. These opportunities, along with the support of our remarkable team, valued customers, and partners will solidify our position as the first choice in general aviation power.”
Prior to her appointment as interim CEO, Hong held the position of chief financial officer (CFO) at Continental. She has also worked for companies including Chrysler Automotive, now Stellantis, and Joyson Safety Systems. According to Continental, Hong brings more than 25 years of experience to the position and has “developed business strategies and implemented crossfunctional disciplinaries while overseeing international business units as well as Finance, IT, and ERM groups” during her time with the company.
Is CAT owned by the Communist Chinese government?
Yes – they bought Continental 12 years ago:
Yes they do! “Ain’t’ it so sad now? Now we have to check on Lycoming too. It’s just getting so ugly out there as to where you need to spend your money and still feel like you can be a proud American.
She is probably a fine person and I hate to be cynical, but it sounds like another ‘bean counter’ promoted to run a aviation/technology company. Of course lack of financial discipline is probably what got them in trouble in the first place. Still it would be nice to know if she is a pilot. Does she even use her own company’s products?
🤔“I am incredibly proud to lead this global team and organization into the future of general aviation,”
Seems like we do not care or learn. I have had a bad feeling about this for years.
AVIC and subsidiaries are military-linked and commercial rivals. Continental Aerospace Technologies is part of the Aviation Industry Corporation of China (AVIC), which in turn, is a Government of the People’s Republic of China state-owned aerospace company.
perhaps the US government should step in and provide financial assistance to aviation companies…and following that same trend of thought…purchase GA airports that are being converted to strip malls and what have you.
Commie Continental… just one more aviation company being looted of proprietary designs and purging of sales in America… Icon A5 is now also a Commie plane.
Biden ‘the big guy’ was already paid off to look the other way. America is doomed. I’m glad I can call another country my residence if needed… the need is coming.
@Richard G: Since Continental was bought by the Chinese TWELVE years ago…just how do you leap to “Biden ….was…paid off..”…???
As long as hateful and ignorant political rants are allowed to creep into the explanation there will never be meaningful or beneficial results to our predicament. Next time, instead of a kneejerk rant..why don’t you get informed instead of spewing B.S.