Rockwell Collins of Cedar Rapids, IA announced on August 25 that Rick Schmidt has been named vice president, Mergers & Acquisitions, effective immediately. He reports to Jeff MacLauchlan, senior vice president, Corporate Development.
“Rick’s strong focus on M&A, financial acumen, and project management expertise will be of considerable value to the corporation as we aggressively pursue our long-term global growth strategy,” said MacLauchlan.
Schmidt has spent his entire career with Rockwell Collins and has extensive institutional knowledge and aerospace and defense industry experience. In his most recent position as senior director, Mergers & Acquisitions, he played a significant role in the company’s acquisition of ARINC in 2013. He has also served in leadership positions responsible for strategy development and acquisitions across Rockwell Collins’ businesses.
Schmidt holds a Master of Business Administration and Bachelor of Arts, with an emphasis in Finance, from The University of Iowa.
He succeeds Steve Belland, who will retire from the company on October 2.
Source: Rockwell Collins