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Jones To Retire From Rockwell Collins, Ortberg To Be Next CEO

Rockwell Collins [COL] last Friday said that Clay Jones, the company’s chairman and CEO, will retire at the end of July and will be succeeded as CEO by Kelly Ortberg, the company’s president. “This decision was made as part of a carefully orchestrated succession planning process that has been implemented over the past several years,” Jones, 64, said in a statement. “Our focus on developing talent has ensured Kelly is well-prepared to assume this new responsibility. Kelly has played an…

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