Andrew Ward new Boeing Chief Investment Officer

Boeing has named Andrew Ward as its new chief investment officer, a position from which he will oversee approximately $65 billion in retirement assets for approximately 550,000 beneficiaries. Andrew Ward succeeds Mark Schmid, who in June was named the University of Chicago’s chief investment officer.

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TAM announces changes in Board of Directors

In a Board of Directors meeting held at TAM’s headquarters in Sao Paulo, resignation letters were received from board members Pedro Pullen Parente and Adalberto de Moraes Schettert. In light of these resignations, Andre Esteves, BTG president, and Marco Antonio Bologna, president of TAM Executive Aviation, are TAM Empreendimentos e Participacoes S/A’s nominations to fill the vacancies on the Board. The nominations will be presented at the Company’s Extraordinary General Assembly August 18, 2009.

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Jesse V. Crews joins Willis Lease Finance senior management team

Willis Lease Finance Corporation reported that Jesse V. Crews will join the company as Chief Operating Officer on July 29, 2009. Crews spent 26 years with GATX Corporation, where he served as President and CEO of GATX Capital Corporation, a diversified equipment leasing company with approximately $3.5 billion in assets and $5 billion in managed third party assets. Over the past five years, he served as a managing director for Fortress Investment Group, an equity investment firm with approximately $30 billion of funds under management.

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Triumph Group names Jeffry D. Frisby President and COO

Triumph Group announced that Jeffry D. Frisby, Group President, Triumph Aerospace Systems Group, has been named President and Chief Operating Officer of the company. Richard C. Ill, currently President and Chief Executive Officer, has been appointed Chairman and will continue to serve as Chief Executive Officer of Triumph Group. David Kornblatt, currently Senior Vice President and Chief Financial Officer, has been promoted to Executive Vice President and Chief Financial Officer.

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Ron LeMay new President and CEO of Aircell

Aircell announced the transition of Ron LeMay from Chairman of the Board to President and CEO of the company. Jack Blumenstein, current President and CEO, will assume the position of Chairman of the Board. Aircell has experienced dramatic growth over the past few years since winning its exclusive FCC frequency license in 2006. Mr. Blumenstein has overseen the development of the Aircell Network and Gogo Inflight Internet service, as well as Aircell’s airline partnerships, which represent the majority of the U.S. commercial aviation market.

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