| Mooney Names Chad Nelson Vice President of Operations |
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FOR IMMEDIATE RELEASE July 22, 2008 CONTACT: Dave Franson Mooney Names Chad Nelson Vice President of OperationsKERRVILLE,
TX -- Mooney Airplane Company has announced the promotion of Chad Nelson to the position of Vice President of Operations at the company’s manufacturing facilities in Kerrville, Texas. Nelson, who joined Mooney in July, 2004, has served most recently as Director of Manufacturing. He previously held a variety of roles including Receiving Inspector, Second Shift Manager, and Lean Implementation Manager before being appointed the Director of Manufacturing. “Chad’s promotion acknowledges the level of responsibility he has assumed in directing the general business operations of the company, and his crucial role in the development of both short term and long range strategic plans, communicating with the board of directors and investors, and building Mooney’s leadership team,” noted Dennis Ferguson, Mooney president and chief executive officer. “Under his leadership, our operations team has made excellent progress in rebalancing the line, expanding cross training, adopting Lean continuous improvement practices, and integrating a substantial number of subassemblies to the production line. These accomplishments and numerous others have been instrumental in helping us to adjust to our challenging market,” he added. A native of Tampa, Florida, Nelson is a graduate of Frankfurt American High School in Frankfurt, Germany. He graduated in 1979 from St. Bonaventure University in Olean, New York with a bachelor of arts in mass communications. Upon graduation, he was commissioned as a Second Lieutenant in the United States Marine Corps where he spent the next 22 years, attaining the rank of Lieutenant Colonel prior to his retirement in 2000. While in the Marines, he served as an A-6 Bombardier/Navigator for 10 years and spent another decade as a weapons officer in FA-18Ds. About Mooney Airplane Company Mooney Airplane Company, located in Kerrville, Texas,
is a wholly-owned subsidiary of Mooney Aerospace Group, Ltd., a general
aviation holding company. Mooney Airplane Company currently produces the
world’s fastest, most efficient single engine piston-powered aircraft – the
Acclaim Type S, Ovation3 and Ovation2 GX. All come with standard equipment that includes the Garmin G1000 integrated
avionics suite and the Garmin GFC 700 Automatic Flight Control. Since its inception in 1946, the company has manufactured
and delivered more than 11,000 aircraft worldwide. Today, 7,000 customers in
the United States
and 1,000 more overseas fly these proven, high-performance airplanes. # 007210910 # To download logos, images and this press release, please visit |

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