Question-and-Answer Session
Operator
Our first question will come from the line of Noah Poponak from Goldman Sachs,
Noah Poponak - Goldman Sachs
The company has several management changes all taking place at the same time. Scott moving to CEO and Frank coming in, and calling up Warren to TFC and you've had John Garrison move from Industrial to Bell. Can you just talk about why investors should not be concerned that all these management changes are going on at the same time, and what the two or three big focus items are here?
Scott Donnelly
I'll take a shot at it. First of all, in terms of my role in the transition with Lewis, this has been going on for almost a year and a half, since I got to the company, so he and I have been working very closely and most of the issues that surround both the operational aspects of the company and the TFC liquidations. I think there has been a again year and half, pretty fair bit of overlap in there, so I feel pretty comfortable about that.
Obviously, with Frank coming in, that's a transition that we thought was appropriate. I think he has proven here in a very short period of time to really diving in the details of the company, know it very well and he is transitioning extremely smoothly. Of course, we have I think a very strong team behind Frank. Dick Yates, in the time that he was acting in that roll, as Controller, did a great job and of course is also one of Frank's key guys to this point. So I think that we aren't going to drop any balls as we make that transition.
John, of course, going down to Bell, that's a transition that had been planned for sometime. Dick went down there with the expectations of a couple-year role to sort of secure things operationally and get the business back into a profitable growth mode. I think he did that. He did a great job of it, but we also recognize the need that we need to put a long-term player at Bell, and I think right now with the V-22 multi year, with the H1 coming full rate production, 429 just certifying, I mean it was a perfect time to make a transition and get somebody new in there, just got the time to get to other customers, ramp up the business and be in position for some time.
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