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Mr. Cremin is Chairman, President, and Chief Executive Officer of Esterline Corporation (NYSE: ESL) and has been with the company since 1976. Since that time, he has served in virtually all its major operating areas. He holds a Secret Clearance with the Department of Defense. Esterline has gone through a rapid transformation since Mr. Cremin became President in 1997. Under his leadership, the company divested eight non-core subsidiaries, and returned to its aerospace/defense roots. The process effecitively shrank company revenues in half to $155 Million. During the same time, over 30 businesses were acquired to rebuild a focused aerospace / defense Corporation. Currently, Esterline’s Revenues are in the range of $1.5 Billion. Esterline has 39 plants around the world. In total, Esterline employs over 10,000 people globally. Approximately 80% of revenues are from Aerospace & Defense, 20% is from Medical and Rail. Esterline focuses on Sensors, Advanced Materials and Avionics. It is a Tier I supplier to Airbus and Boeing. Mr. Cremin began his career at General Electric and at Omark Industries, where he held a number of executive roles. He holds a BS in Metallurgical Engineering from the Polytechnic University of New York and an MBA from Harvard Business School. Mr. Cremin is the British Honorary Consul of Seattle. He serves on the Board of Directors of Dover Corp. (NYSE - $7 Billion), the Pacific Northwest Ballet and the British-American Business Council. He was the Chairman of the Presidents Council of the Manufacturer’s Alliance. He collects medieval art, antique carriage clocks, stained glass and rare books. His passion is running marathons (29 so far) including races in New York, London, Paris, Stockholm and Berlin. Mr. Cremin also collects wine. He has sufficient inventories of wines in his 2 cellars to last him (at one bottle a day) for several life-times! He lives on Mercer Island with his wife Dr. Joan Cremin, a published author of French Literary Research. |
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