Spirit AeroSystems’ Mike King to serve as a consultant after June 30 retirement

Spirit AeroSystems executive Mike King will retire from the company effective June 30.

After his retirement, King, Spirit executive vice president and chief operations officer, will provide consulting and transition services to the company for a year, according to a filing with the Securities and Exchange Commission.

The company announced in April King’s plans to retire, but a date had not been set.

As a consultant, King will be paid $120,000 in annual compensation for his services, the filing said.

King, 57, started working for Boeing Wichita in 1980, then joined Spirit after Boeing sold its Wichita commercial aircraft division in 2005, forming the stand-alone company.