Fairchild Corporation Appoints New CEO

A press release obtained from Business Wire titled “Fairchild Announces Appointment of Philip S. Sassower as Chairman of the Board” reported that Philip S. Sassower has been elected as the Chairman of the Board of the Fairchild Corporation, replacing Jeffrey J. Steiner. The article further points out that Sassower and the firm’s Senior Executive team will work together as the company directs its efforts in maximizing shareholder value as well as in seeking better opportunities.

The press release also cites Philip Sassower’s career portfolio including the various corporate positions he held such as CEO of Xplore Technologies Corp.; CEO of SG Phoenix LLC; CEO of Phoenix Enterprises LLC; Board Chairman of Communication Intelligence Corp. and Board Chairman of Newpark Resources.

Fairchild Corporation is engaged in the design and sale of motorcycle protective clothing, helmets, and an assortment of technical accessories for motorcyclists; and in aerospace distribution offering aircraft parts and services to customers around the world.

Article Source: Business Wire

Official site of The Fairchild Corporation

Hoover published a profile of Fairchild.