Dennis Ferguson, former CEO of Mooney Airplane Co. in Kerrville, Texas, has resigned to pursue other interests.

Robert Gowens will take over as CEO for the aircraft manufacturing company, which has multiple ties to the Wichita area.

"Dennis Ferguson provided leadership to Mooney through the past two years and helped the company make significant strides in both its operations and its position in the marketplace," said Gowens in a written release.

Mooney Airplane Co. is a subsidiary of Mooney Aerospace Group Ltd., a general aviation holding company. The company sells three models of the M20 aircraft - the Acclaim Type S, the Ovation3 and the Ovation2 GX.