Two Spirit AeroSystems executives plan to retire this summer, the company said Tuesday.
Spirit executive vice president and chief operations officer Mike King and senior vice president of advanced projects Richard “Buck” Buchanan have announced plans to retire.
Both will remain with Spirit until their retirement dates, which are yet to be determined. Their successors have not been selected, Spirit spokesman Ken Evans said.
King, 57, and Buchanan, 62, both started working for Boeing Wichita in 1980, then joined Spirit after Boeing sold its Wichita commercial aircraft division in 2005, forming the stand-alone company.
The retirements come at a time when Spirit’s leadership is changing.
Larry Lawson, most recently a senior executive at Lockheed Martin, is Spirit’s new CEO, replacing long-time CEO Jeff Turner. Lawson took over as CEO on April 6.
Buchanan has been focused on development of Boeing’s 737 Max, an upgraded 737 single-aisle commercial jet with new engines.
At Spirit, he has held the positions of chief operations officer and general manager and senior vice president of Spirit’s fuselage segment. At Boeing, he was director of sub-assembly/lot time, director of light structures and director of 737 structures value chain.
King joined Boeing as a machinist and was promoted to management in the machine shop before becoming general supervisor of the Navy A-6 program. He also served as senior manager and director of sub-assembly/lot time, director of machining fabrication and director of the strut, nacelle and composite responsibility center.
At Spirit, King held positions of vice president and general manager of the propulsion structures and systems business unit, senior vice president and general manager of the fuselage segment and senior vice president and chief operations officer before moving into his present position.