The last major Fairchild asset sold was Fairchild Fasteners, a Sherman Fairchild company, which was sold to industrial corporation Alcoa for US$657,000,000 on December 3, 2002. It was subsequently renamed Alcoa Fasteners. In the summer of 2006, the corporation sold a shopping mall they had built on the Republic Airport property of Fairchild Hiller for US$95,000,000.[3]
Jeffrey Steiner was the company's CEO until his resignation in October 2008; he died a month later.[4] As of February 2009[update], the firm has been delisted from the New York Stock Exchange; a number of executives had recently left the company's senior management team, including Steiner's son, Eric; and the firm was being run by interim chief executive Phillip Sassower, the head of a New York private equity firm that is Fairchild's largest shareholder.[4]
Referencesedit
^"UPDATE 1-Fairchild files for Chapter 11 bankruptcy". U.S. Reuters Editorial. Retrieved 2018-04-07.
^Banner Aerospace, Inc. - Company History 2006-10-17 at the Wayback Machine
^. Fairchild. Archived from the original on 20 January 2013.
^ abRosenwald, Michael S. (2009-02-09). "Steiner's Fairchild Struggles On Without Him". The Washington Post. ISSN 0190-8286. Retrieved 2018-04-07.
External linksedit
Banner Aerospace
This United States manufacturing company–related article is a stub. You can help Wikipedia by expanding it.
fairchild, corporation, other, corporations, fairchild, disambiguation, successor, corporation, fairchild, industries, march, 2009, company, filed, chapter, bankruptcy, protection, banner, aerospace, company, major, subsidiaries, last, major, fairchild, asset,. For other corporations see Fairchild disambiguation The Fairchild Corporation is the successor corporation of Fairchild Industries Inc In March 2009 the company filed for Chapter 11 bankruptcy protection 1 Banner Aerospace was one of the company s major subsidiaries 2 The last major Fairchild asset sold was Fairchild Fasteners a Sherman Fairchild company which was sold to industrial corporation Alcoa for US 657 000 000 on December 3 2002 It was subsequently renamed Alcoa Fasteners In the summer of 2006 the corporation sold a shopping mall they had built on the Republic Airport property of Fairchild Hiller for US 95 000 000 3 Jeffrey Steiner was the company s CEO until his resignation in October 2008 he died a month later 4 As of February 2009 update the firm has been delisted from the New York Stock Exchange a number of executives had recently left the company s senior management team including Steiner s son Eric and the firm was being run by interim chief executive Phillip Sassower the head of a New York private equity firm that is Fairchild s largest shareholder 4 References edit UPDATE 1 Fairchild files for Chapter 11 bankruptcy U S Reuters Editorial Retrieved 2018 04 07 Banner Aerospace Inc Company History Archived 2006 10 17 at the Wayback Machine Fairchild The History Fairchild Archived from the original on 20 January 2013 a b Rosenwald Michael S 2009 02 09 Steiner s Fairchild Struggles On Without Him The Washington Post ISSN 0190 8286 Retrieved 2018 04 07 External links editBanner Aerospace nbsp This United States manufacturing company related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Fairchild Corporation amp oldid 1187667268, wikipedia, wiki, book, books, library,
