Former Lockheed, Bombardier Exec Succeeds Joe Walker
Adam Aircraft told ANN
Monday it has appointed Duncan B. Koerbel as President.
Koerbel (right) has an extensive aerospace career.
Representatives with the Englewood, CO-based planemaker state
Koerbel has held senior positions in engineering, production, and
program management at Raytheon Aircraft, Fairchild Dornier,
Lockheed, and Bombardier. In his new role at Adam, Koerbel will be
responsible for guiding the company as it continues to move forward
on certification of the A700 AdamJet, as well as managing the A500
(shown below) production and delivery programs.
Joe Walker, who served as President from 2003, will continue on
as a consultant. Koerbel will report to company Founder, Chairman
and Chief Executive Officer Rick Adam through John Wolf, who has
joined the Board of Directors as Lead Director and Board
"This is great news for Adam Aircraft as we continue to make the
transition from a development to a production company. Dunc adds
extensive aircraft manufacturing experience to our team and will
help accelerate our A700 certification and ramp up our
manufacturing operation in moving the company forward," said Rick
Koerbel comes to Adam Aircraft from Bombardier Aerospace, where
he led the Global Express aircraft program. As Vice President and
General Manager -- Global Express & Global 5000 Business at
Bombardier Aerospace in Montreal, Canada, Koerbel oversaw the
Global Express XRS and Global 5000 business jet product line
including engineering, aircraft production, and completions.
While at Lockheed Martin, Koerbel served as Vice President
& General Manager, Aircraft Division where he was responsible
for the aircraft heavy maintenance (MRO) business plus all facets
of business development, operations, contracts and dealings with
local and federal government customers and agencies.
As Fairchild Dornier's Vice President, New Airplane Program
Office in Munich, Germany, Koerbel was in charge of the program
office for the 728 and 928 airliner development programs.
Koerbel began his aviation career at Raytheon Aircraft serving
in numerous capacities including leading the development and
certification of the Premier I business aircraft, the first jet
aircraft designed by the company and first "clean sheet design" in
15 years. He also ran the FAA Part 25 Beechjet 400A product line
along with developing and certifying the FAA Part 23 Super King Air
A graduate of Penn State with a B.S. in Aerospace Engineering,
Koerbel also holds a MBA from Wichita State University and is a
commercial instrument rated pilot.