Learn more about Pete Peterson-funded astroturf projects at the Fix the Debt Portal.
|CEO Name||Scott Donnelly|
|CEO Retirement Assets||$3,535,656|
|Underfunded Company Pension||-$1,312,000,000|
|Annual Company Revenue||$11,275,000,000|
|Territorial Tax Break||$164,500,000|
|Federal Lobbying/Political Donations ('09-'12*)||$17,805,000|
|Click here for sources.
2011 data unless otherwise noted.
©2013 Center for Media and Democracy
Textron is a publicly owned industrial conglomerate founded in 1923. According to the company's website, "Textron consists of numerous subsidiaries and operating divisions, which are responsible for the day-to-day operation of their businesses." These businesses include: Bell Helicopter, Cessna, E-Z-GO, Greenlee, Jaconsen, Kautex, Textron Financial Corporation, and Textron Systems. The company is headquartered in Providence, Rhode Island.
In 2011, the company recorded $11,275,000,000 in total revenues.
Ties to Pete Peterson's "Fix the Debt"
The Campaign to Fix the Debt is the latest incarnation of a decades-long effort by former Nixon man turned Wall Street billionaire Pete Peterson to slash earned benefit programs such as Social Security and Medicare under the guise of fixing the nation's "debt problem." Textron is part of the Campaign to Fix the Debt as of February 2013.
This article is part of the Center for Media and Democracy's investigation of Pete Peterson's Campaign to "Fix the Debt." Please visit our main SourceWatch page on Fix the Debt.
|About Fix the Debt|
The Campaign to Fix the Debt is the latest incarnation of a decades-long effort by former Nixon man turned Wall Street billionaire Pete Peterson to slash earned benefit programs such as Social Security and Medicare under the guise of fixing the nation's "debt problem." Through a special report and new interactive wiki resource, the Center for Media and Democracy -- in partnership with the Nation magazine -- exposes the funding, the leaders, the partner groups, and the phony state "chapters" of this astroturf supergroup. Learn more at PetersonPyramid.org and in the Nation magazine.
Board of Directors
As of January 2013
- Scott C. Donnelly
- Kathleen M. Bader
- James T. Conway
- Ivor J. Evans
- Lawrence K. Fish
- Paul E. Gagne
- Dain M. Hancock
- Lord Powell of Bayswater KCMG
- Lloyd G. Trotter
- James L. Zeimer
Textron World Headquarters
40 Westminster Street
Providence, RI 02903
Phone: (401) 421-2800
Resources and articles
Featured SourceWatch Articles on Fix the Debt
- Fix the Debt Portal Page
- Fix the Debt's Leadership
- Fix the Debt's Partner Groups
- Fix the Debt's State Chapters
- Fix the Debt's Lobbyists
- Fix the Debt's Parent Group
- Fix the Debt's Corporations
- Pete Peterson
- Peter G. Peterson Foundation
- America Speaks
- Simpson-Bowles Commission
- Erskine Bowles
- Alan Simpson
- Social Security
- ↑ 1.0 1.1 "Our Company", Textron, Accessed January 22, 2013.
- ↑ "Textron Businesses", Textron, Accessed January 22, 2013.
- ↑ 3.0 3.1 "Contact Us", Textron, Accessed January 22, 2013.
- ↑ Textron, "2011 Annual Report", organizational document, page 18.
- ↑ "Board of Directors", Textron, Accessed January 22, 2013.