Haluk (Luke) Durudogan will join Meggitt Aircraft Braking Systems (MABS) on January 31, 2012 based at the Meggitt PLC division’s Akron, Ohio facility. He succeeds Ken Schwartz who is leaving to pursue private ventures.
Durudogan, a US citizen and Yale University physics graduate, is a highly experienced international business leader with nearly 25 years in aerospace.
From 1980, he spent the first 15 years of his career with McDonnell Douglas on military and civil business in finance, programme management, international sales, technology licensing, strategic alliances, operations management, aircraft leasing and customer support. He worked in the USA, Europe, Asia and the Middle East, where he was based in Saudi Arabia for three years.
After moving to Allied Signal in 1996 as Director, Aircraft Leasing Market Business Segment, he became the company’s Vice President of Boeing Programs & Customer Support. A move to Paris saw him assume responsibility for multiple roles as Vice President of Allied Signal’s EMEA operations. After working on the Allied Signal and Honeywell integration, he returned to the US as the merged companies’ Vice President, Sales & Marketing, Airframe Systems.
He moved to the UK in 2003, spending a year with GKN as Senior Vice President of Sales & marketing, Aerospace Services, before leading a business turnaround as President of APV, a former division of Invensys PLC.
From 2008, he returned to the US, moving into private equity investment before founding Integrity Energy Group, a private venture in renewable energy based in New England.
Meggitt Chief Executive Terry Twigger commented: “Ken Schwartz led our aircraft braking systems division successfully through integration and transformation. He hands over to Luke a world-leading business and a highly skilled MABS team with many exciting growth opportunities ahead of them”.
For further information
Richard Cashin, Investor Relations
Tel: 01202 597597
Fiona Greig, Corporate Communications
Tel: 01202 597587
Charles Ryland, Jeremy Garcia or Helen Chan
Tel: 020 7466 5000