Lufthansa Chief Financial Officer Ulrik Svensson resigns

Ulrik Svensson,

Lufthansa has released that Ulrik Svensson, Member of the Executive Board and Chief Financial Officer has informed the Chairman of the Supervisory Board of the company that he has to resign from his office for health reasons. Svensson has announced that he will resign from his office and terminate his Executive Board activities with effect from next Monday, April 6, 2020. A predecessor has not been announced at this time. Svensson has been a member of the Board of Directors since January 1, 2017. Prior to this, he had been responsible for the finances of the Swiss airline Swiss.

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Thales Alenia Space appoints new member to its management

Massimo Comparini

Thales Alenia Space, a joint venture between Thales (67%) and Leonardo (33%), has appointed Massimo Claudio Comparini as Deputy CEO and Senior Executive Vice President Observation, Exploration and Navigation Business Line at Thales Alenia Space as well as CEO of Thales Alenia Space Italia, with immediate effect. Comparini succeeds Donato Amoroso. Comparini, former CEO at eGeos since 2016 and Director Line of Business Geo Information at Telespazio, has a long and proven track record in the space industry, from technology to services, and in the earth observation domain. He holds a master’s Degree in Electrical Engineering, Remote Sensing and Radar Read more

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Acro Aircraft Seating appoints new CEO

Neil Cairns

Acro Aircraft Seating has appointed Neil Cairns as the company’s Chief Executive Officer effective from March 9, 2020. Cairns brings with him many years’ aerospace seating experience, covering products in all seating classes. He has a wide-ranging track record of lean process improvement and performance improvement, most recently holding positions as the Vice President and General Manager at Collins Aerospace based in Tucson, Arizona and Winston Salem, North Carolina based in the U.S.A. and previously running the B/E Aerospace seating facility in Kilkeel, Northern Ireland.

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GECAS appoints John Bordeaux as new Chief Investment Officer

John Bordeaux

John Bordeaux has been appointed as GECAS’ Chief Investment Officer.  He will take up the role from April 2020. Bordeaux will be responsible for the various teams that are involved in making GECAS’ portfolio and investment decisions, namely Aircraft Trading, Commercial Operations and Portfolio Strategy. Having all these under one leader will ensure that the company is taking a holistic view of its portfolio and buy-hold-sell decisions. Bordeaux is currently the Global Financial Planning & Analysis leader of GE Capital, a role he has held since May 2018. Prior to this, he has held several key roles in Finance and Read more

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Trenchard Aviation Group expands sales team

Sohaib Ahmed

Trenchard Aviation Group has appointed Sohaib Ahmed as its Technical Sales Manager. Ahmed has worked in the aviation industry for over eight years and has held several sales positions within aircraft cabin interiors and MRO businesses.  With an extensive technical sales background across the aircraft cabin interiors sector, Ahmed has worked with many of the world’s leading airlines, leasing companies and MROs delivering complex line-fit and retrofit projects. At Trenchard Aviation Group, he will be working closely with airlines, seating OEM’s and aftermarket suppliers delivering sales of Life Vest Pouches and providing technical and commercial support from inquiry through to Read more

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Markus Binkert becomes new CFO of SWISS International Air Lines

Markus Binkert (l), Thomas Frick (r)

Markus Binkert, former long-serving member of SWISS’s management corps and Management Board and currently CCO of Lufthansa’s Munich hub, is to assume the previously vacant position of SWISS Chief Financial Officer with immediate effect. In a further move, Thomas Frick, Accountable Manager and Member of the SWISS Extended Management Board, is to assume the restored Management Board function of Chief Operating Officer. Both appointments are an immediate response to the major challenges which the company is currently facing as a result of the coronavirus crisis.

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AAR elects H. John Gilbertson to Board of Directors

H. John Gilbertson

AAR has released that H. John Gilbertson, Jr., retired Managing Director of Goldman Sachs Group Inc., has been elected to the Company’s Board of Directors, effective immediately. The addition of Gilbertson increases the size of the Board from 11 to 12 directors.  Gilbertson served as a strategic and financial advisor to clients of Goldman Sachs for 27 years as a Managing Director and as Partner-in-Charge of investment banking services for the Midwest Region.

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Boeing Human Resources leader to depart company

Heidi Capozzi, Senior Vice President of Human Resources, will depart the Boeing company in early April to pursue another opportunity. Following an orderly transition, Wendy Livingston, currently Vice President, Corporate Human Resources, will replace Capozzi on an interim basis until a permanent successor is named. Capozzi joined Boeing in 2009 and since 2016 has led the company’s leadership and learning, talent planning, employee and labor relations, total rewards, and diversity and inclusion initiatives.

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Sabre appoints Otto Gergye to lead airline operations in North Asia

Otto Gergye

Sabre Corporation has appointed Otto Gergye as Vice President, Regional General Manager, North Asia, Travel Solutions Airline Sales. Gergye will be responsible for Sabre’s airline operations in North Asia, a key growth region for the company. His role will involve identifying business opportunities and further expanding Sabre’s already strong presence in this fast-growing region. He will also seek to strengthen successful and trusted relationships with existing airline customers. 

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Lockheed Martin elects James D. Taiclet as President and CEO

James D. Taiclet,

The Board of Directors of Lockheed Martin has elected James D. Taiclet as President and CEO, effective June 15. Taiclet will continue to serve as a member of the corporation’s board, which he joined in 2018. He has served as Chairman, President and CEO of American Tower Corporation since 2004 and CEO since 2003. During that time, American Tower grew significantly and increased its market capitalization from approximately US$2 billion to approximately US$100 billion. Taiclet will succeed Marillyn A. Hewson, who has served as Chairman, President and CEO since 2014 and President and CEO since 2013. Hewson will become executive Read more

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