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Barnes Names Ian M. Reason Senior Vice President, Barnes and President, Barnes Aerospace

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Barnes Group Inc. (NYSE: B) has appointed Ian M. Reason as the new Senior Vice President and President of Barnes Aerospace, effective May 2, 2022. He succeeds Michael A. Beck, who retires on April 30, 2022. Reason's extensive experience in the aerospace industry is expected to drive profitable growth and enhance productivity through automation and digitalization. Previously, he held senior roles at Triumph Group and BAE Systems, emphasizing his capability in leading business strategy and operations within the aerospace sector.

Positive
  • Ian M. Reason's extensive industry experience promises strong leadership and strategic growth for Barnes Aerospace.
  • Reason's focus on automation and digitalization may enhance operational efficiency and productivity.
  • His appointment aligns with ramping post-pandemic OEM production and MRO activity.
Negative
  • None.

BRISTOL, Conn.--(BUSINESS WIRE)-- Barnes Group Inc. (NYSE: B), a global provider of highly engineered products, differentiated industrial technologies, and innovative solutions, today announced the appointment of Ian M. Reason to the position of Senior Vice President, Barnes and President, Barnes Aerospace, effective May 2, 2022. Mr. Reason succeeds Michael A. Beck, who is retiring from the Company effective April 30, 2022.

“Ian’s broad and diverse aerospace industry experience and understanding of the complete lifecycle of the commercial and defense aerospace markets make him the ideal leader to take the business through its next phase of profitable growth and diversification. He is an engaging leader who brings a strong track record of driving sales growth and margin expansion to Barnes,” said Julie Streich, Senior Vice President, Finance and Chief Financial Officer, and Interim Chief Executive Officer, Barnes. “Ian will be an ardent advocate of leveraging automation and digitalization to drive continuous improvement and productivity in alignment with our Barnes Enterprise System. I am excited to have him as a key member of our senior leadership team and expect him to have an immediate, positive impact on the business as we ramp post-pandemic OEM production and MRO activity.”

Before joining the Company, Mr. Reason served as President, Mechanical Solutions, Interiors & Structures with the Triumph Group ‒ a $1.8B company that designs, engineers, manufactures, repairs, and overhauls a broad portfolio of aviation and industrial components, accessories, subassemblies, systems, and aircraft structures. Prior to that, Mr. Reason held positions of increasing responsibility with BAE Systems from 2004 to 2016, including Vice President F-35 Customer Engagement and US General Manager; Vice President Business Development & Strategy, Training Solutions; and Customer Alignment Director, F-35 Global Sustainment, where he was selected by Lockheed Martin to lead the formation of an industry and government team to drive a single global F-35 sustainment solution. Earlier in his career, Mr. Reason served as a Senior Commissioned Officer in the Royal Navy, specializing as an Aircraft Engineering Officer.

Mr. Reason holds a Master of Arts degree in Defense and Management Studies from King’s College London, a Master of Science degree in Weapon Systems from Cranfield Institute of Technology, and a Bachelor of Engineering degree in Aeronautical Engineering from the Royal Naval Engineering College.

About Barnes

Barnes Group Inc. (NYSE: B) pioneers technologies to help change the world. Employees across the globe are dedicated to Persistent Ingenuity™ – advancing what’s possible and delivering to the highest standards. We serve a wide range of end markets and customers, including healthcare, automation, packaging, aerospace, mobility, and manufacturing, delivering breakthrough products and services to shape a more inclusive and sustainable world. For more information, visit www.barnesgroupinc.com.

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Investors:

Barnes Group Inc.

William Pitts

Vice President, Investor Relations

860.583.7070

Source: Barnes Group Inc.

FAQ

Who is the new Senior Vice President of Barnes Group Inc.?

Ian M. Reason has been appointed as the new Senior Vice President, effective May 2, 2022.

What was Michael A. Beck's position at Barnes Group Inc.?

Michael A. Beck was the former Senior Vice President and is retiring on April 30, 2022.

What is Ian M. Reason's professional background?

Ian M. Reason has extensive experience in the aerospace industry, previously working at Triumph Group and BAE Systems.

How will Ian M. Reason impact Barnes Aerospace?

His leadership is expected to boost sales growth and enhance margins while promoting automation and digitalization.

What significant changes are anticipated at Barnes Aerospace?

The appointment of Ian M. Reason is anticipated to drive profitable growth and respond to increased post-pandemic production demands.

Barnes Group Inc.

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