Piper Aircraft Appoints Acting CEO

VERO BEACH, Fla., April 6, 2021 – Piper Aircraft announced today that its board of directors has appointed John Calcagno as the new acting President and CEO of Piper Aircraft Inc. effective immediately.

John brings a wealth of experience to this role, having most recently served as the company’s Chief Financial Officer responsible for all financial reporting, treasury and company cash management functions, as well as information technology and enterprise resource planning. John Calcagno replaces Simon Caldecott, who recently announced his retirement as President and CEO of Piper Aircraft after serving in the role for more than ten years.

“I know that I speak for everyone at Piper Aircraft in thanking Simon for his leadership and tireless dedication to the company,” said Calcagno. “I am incredibly excited to assume this new role and for the future of the company. We have an exceptionally talented team at Piper Aircraft that is focused on taking decisive actions to transform the business, continuing to innovate our products in new and diverse ways, and unlocking future growth opportunities. I look forward to leading the company and continuing our great tradition of precision manufacturing and delivering best-in-class airplanes,” Calcagno said.

Senior Executive

Calcagno is a seasoned and successful executive with extensive experience in the finance, operations, distribution, and sales areas. He has served as the long tenured Chief Financial Officer of Piper, having been on the Piper team for the past 11 years. He has also had roles of increasing responsibility throughout his career at The Acerra Consortium, Alltel (Supply) Communications Products, Coca-Cola, and C.R. Bard. Calcagno began his career in the audit practice of PriceWaterhouseCoopers. Calcagno holds a Bachelor of Science in Accountancy, with minor emphasis in Political Science from Southern Illinois University, and is a Certified Public Accountant. Additionally, he is an honorably discharged veteran of the United States Air Force.

About Piper Aircraft

Piper Aircraft Inc., headquartered in Vero Beach, Fla., offers aviators throughout the world efficient and reliable single and twin-engine aircraft and is the first general aviation aircraft manufacturer in the world to certify Garmin Autoland. The single-engine M-Class series – the M600SLS, M500, and M350 – offers businesses and individual’s exceptional performance, value and a superior ownership experience. The Personal Class Seneca V, Archer LX and Archer DLX balance proven performance, efficiency, and simplicity in a piston-powered aircraft. The Trainer Class Pilot 100i, Archer TX, Archer DX, Arrow, Seminole and Seneca V aircraft form the most complete technically advanced line of pilot training aircraft in the world. Piper is a member of the General Aviation Manufacturers Association. To learn more about Piper Aircraft, visit the company’s website at www.piper.com.

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