Piper CEO Caldecott to retire

Caldecott shepherded Piper through a turbulent decade after being named CEO in 2011. He joined the company in 2009 to lead development of what would have been Piper’s first turbofan-powered aircraft. The Great Recession was underway when the PiperJet prototype first flew on July 30, 2008, and the global economy was in freefall by the time Caldecott was hired. Prior to joining Piper, Caldecott worked for Hawker Beechcraft as a vice president responsible for the development, assembly, and completion of mid-sized business jets.

A design engineer who helped British Aerospace develop the Hawker jet, later joining Raytheon and Hawker Beechcraft in an executive role, Caldecott nearly led Piper into the business jet market, but a course change refocused his (and Piper’s) attention on significantly less expensive airplanes.

By 2011, the PiperJet project faced fast-dimming prospects, and was “under review” when Caldecott was named CEO of the iconic general aviation airplane manufacturer. During his tenure at the top, Piper shifted its top-of-the-line attention to turboprops, particularly the flagship M600, the first GA airplane certified to fly with Garmin’s automated landing system that is able take over in case of pilot incapacitation and land the airplane at the nearest suitable runway. Piper also boosted its bottom line by more nostalgic means, delivering scores of single-engine piston airplanes to colleges and flight schools working to keep up amid a global shortage of pilots. Piper unveiled the Pilot 100 in 2019, adding a lower-cost alternative to the long-popular PA–28 series.

When the coronavirus pandemic shoved the aircraft market back on its heels once again in 2020, Piper was better positioned than many to weather the storm. Piston aircraft propelled a pre-pandemic surge in sales (and business jets to a lesser degree), and while jet orders fizzled in the face of the global health crisis, piston deliveries for 2020 nearly matched the 2019 industry totals. That was thanks in no small part to Piper, which delivered 244 aircraft (including 149 PA–28 Archers, and 11 Piper Pilot 100s) in 2020, according to data compiled by the General Aviation Manufacturers Association, down from 290 aircraft delivered in 2019 (of which 182 were PA–28 Archers).

Caldecott reflected on his tenure:

“It has been an honor and privilege leading Piper Aircraft through a transformative journey, from a legacy aircraft manufacturer to the first general aviation manufacturer to certify an autoland equipped general aviation aircraft,” Caldecott said. “We strengthened the leadership team with

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