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Esterline says Reusser to succeed Lawrence as CEO

Esterline (ESL) announced that Curtis Reusser, president of United Technologies' (UTX) Aircraft Systems business, will succeed Brad Lawrence as Esterline's president and CEO, and be elected to its board of directors effective October 28. Lawrence will continue as Esterline's executive chairman of the board until the company's March 5, 2014 annual meeting. Related to this announcement, the company also announced that it would postpone its 2013 Analyst & Investor Day, previously scheduled for September 19. The company plans to re-schedule the analyst meeting in calendar-year 2014.