After over 4 years in the top job that saw Enstrom Helicopter develop the first new helicopter in decades for the Menominee, Michigan based manufacturer, President and CEO Tracey Biegler stands down.
In an unexpected move announced on June 5th, Enstrom Helicopter today sent out a press release stating that effective today that Tracy Biegler would be stepping down from the top job at Enstrom to “pursue other opportunities.”
A graduate of the University of Wisconsin-Madison, Biegler started his career at Boeing where he worked as a flight test engineer on the B2 Stealth Bomber program, joining Enstrom in 2003 as an engineer who quickly rose through the ranks to Director of Sales, leading some of Enstrom’s biggest programs to date in Thailand, Japan, and Peru. After serving as the company Vice President, Biegler was announced as predecessor to Jerry Mullins as CEO and president in February of 2014.
Biegler’s tenure oversaw many of the most profitable years in Enstrom history, Biegler credited in today’s release with being instrumental in returning Enstrom to the status of a mainstream helicopter manufacturer. “Everyone at Enstrom greatly appreciates everything Tracy has done for the company,” said Mr. Gong, Chairman of the Enstrom Board of Directors. “Tracy’s dedication to the company is unquestioned, and his leadership will be missed. We wish him well on his next endeavors.”
Biegler will be replaced by Matthew Francour, who will fill an Interim CEO & President role while a replacement is sought. Francour is a 40 year veteran of Enstrom, having started in the engineering department in 1978. From there he moved on to lead the planning department, and most recently has been the Director of Manufacturing. “We have complete confidence in Matt as a leader for the team at Enstrom,” said Mr. Gong. “He has the full support of the Board and the Enstrom team, and we all look forward to helping him grow the company.”
Enstrom also announced in today’s press release filling two additional executive positions within the company. The role of Chief Financial Officer will be filled by former Enstrom Controller Stephanie Bergstrom. Bergstrom graduated from the University of Wisconsin-Oshkosh with a Bachelor in Business Administration degree with a major in Finance, recently obtaining a Masters in Business Administration degree. Joining Enstrom in 2014 as a Senior Accountant, Bergstrom was promoted to Controller in 2017 after the departure of the previous Enstrom CFO.
Dennis Martin was announced as the head of the Sales & Marketing department in the same release. Martin is a Michigan Tech University graduate with a degree in Mechanical Engineering who worked previously in the auto industry prior to joining Enstrom in 2007 as a salesperson. Martin worked in various roles before being elevated to the Sales Manager in 2015. Martin is also a commercial fixed wing and rotary pilot, as well as an FAA licensed A&P Mechanic. “With Stephanie and Dennis, I think we have put together an excellent leadership team, and I look forward to working with them,” commented Francour.
Founded in 1959, Enstrom Helicopter Corporation designs and produces light single-engine helicopters for the global market. Including the F28A, F28F, 408B Turbine and is currently in the testing and certification stage with their latest two seat model aimed at the flight training market, the TH-180. Enstrom is a wholly-owned subsidiary of Chongqing General Aviation Industry Group Co., Ltd. (CGAG).