Thursday, July 31, 2008

RABURN STEPS DOWN AS ECLIPSE CEO

From AvWeb:

"The enigmatic founder and long-time CEO of Eclipse Aviation, Vern Raburn, has stepped down and will be replaced Roel Pieper, the chairman of the board of directors and president of ETIRC, a European company that poured more than $100 million into struggling Eclipse earlier this year. In a brief statement at a news conference at EAA AirVenture on Monday morning, Raburn said he believes Eclipse has fundamentally changed aviation but he acknowledged that the company's development did not occur as quickly or as smoothly as planned. He will remain an employee of the company as Vice Chairman of Internationalization of Eclipse."

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