Fairchild Corporation

The Fairchild Corporation is the successor corporation of Fairchild Industries, Inc. Banner Aerospace is one of the company's major subsidiaries.[1]

Jeffrey Steiner was the company's CEO until his resignation in October 2008; he died a month later.[2] As of February 2009, the firm has been delisted from the New York Stock Exchange; a number of executives had recently left the company's senior management team, including Steiner's son, Eric; and the firm was being run by interim chief executive Phillip Sassower, the head of a New York private equity firm that is Fairchild's largest shareholder.[3] In March 2009, the company filed for Chapter 11 bankruptcy protection.[4]

References
  1. Banner Aerospace, Inc. - Company History Archived 2006-10-17 at the Wayback Machine
  2. Rosenwald, Michael S. (2009-02-09). "Steiner's Fairchild Struggles On Without Him". ISSN 0190-8286. Retrieved 2018-04-07.
  3. Michael S. Rosenwald (February 9, 2009). "Steiner's Fairchild Struggles On Without Him". Washington Post.
  4. Editorial, Reuters. "UPDATE 1-Fairchild files for Chapter 11 bankruptcy". U.S. Retrieved 2018-04-07.

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