Hawker Beechcraft Chairman and Chief Executive Officer Jim Schuster announced that he had notified the Board of his plan to retire from the company. 
“Earlier this month, I began discussing my retirement plans with our Board. After nearly eight years as CEO, I feel the time is right,” Schuster said. “HBC is the world’s largest privately held aircraft manufacturer and with the support of world-class partners Goldman Sachs and Onex, Hawker Beechcraft is poised to become the leader in general aviation."
Schuster will lead HBC until the company identifies a successor and will remain a shareholder after he leaves the company. Schuster’s nearly eight year tenure as CEO is among the longest in the aviation industry.

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