named Ted French executive vice president and chief financial officer, replacing Stephen Key, who is retiring.
French was most recently financial chief of
, which makes agricultural and construction equipment. He also spent 10 years at
, which merged with
in 1999 to form CNH.
Textron, a Providence, R.I., maker of aircraft and spare parts, said French will lead the company's merger and acquisition efforts and become a member of the executive leadership team and management committee.