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===Campbell era=== James Hardymon brought in [[Lewis B. Campbell]], who became CEO in 1998.{{Citation needed|date=June 2015}} Starting in 2000, Campbell led a company-wide restructuring program. The share price fell to as low as $13/share in March 2003 after the economic downturn following the collapse of Internet companies and the [[September 11 attacks|terrorist attacks on the World Trade Center]]. Diminished demand for helicopters and airplanes led to layoffs at [[Cessna]] and [[Bell Textron]].{{Citation needed|date=June 2015}} In 2007, the ''[[Wall Street Journal]]'' reported that Campbell had received $494,700 in compensation in the form of his use of a corporate jet to travel between his home and office, which made him the most expensive CEO in the country in terms of use of jet travel. Some shareholders have questioned whether it is a good use of shareholder dollars to pay for the personal lifestyle choice of the CEO to live in one state and work in another.<ref>Michael Brush, "The Sky's No Limit for CEO Perks," MSN Money (moneycentral.msn.com), October 17, 2007, citing Paul Hodgson, Up, Up, and Away: Personal Use of the Corporate Jet, The Corporate Library, September 4, 2007.</ref> Shares in Textron plummeted to as low as $10.09 per share in the aftermath of the [[Great Recession|2008 economic downturn]], driving its market capitalization down to just $3.17 billion.{{Citation needed|date=June 2015}} While the company lost 75% of its value in the first ten years of Campbell's leadership, he managed to take home over $120 million in compensation. His salary in 2008 was $25 million, making him the highest-paid executive of a conglomerate. Campbell managed to sell over $40 million in Textron stock in April and May 2008, at prices over $60 per share.
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