Industry Veteran Brings Strategy And Corporate Development Experience

Electra announced that B. Marc Allen has been appointed as its new Chief Executive Officer. He comes to the company from Boeing where he served as Chief Strategy Officer and SVP for Strategy and Corporate development.

At Boeing, Allen led the $5 billion customer finance business before joining the Executive Council, where he served as President of Boeing International leading enterprise-wide activities. His other roles at Boeing include President of the Embraer Partnership, President of Boeing China, and General Counsel of Boeing International.

Allen graduated from Princeton University and holds a J.D. from Yale Law School. He clerked for U.S. Supreme Court Justice Anthony M. Kennedy.

John S. Langford, Electra’s Founder and Chairman stated, “Marc’s exceptional background in global business and strategic leadership makes him the ideal choice to guide Electra into its next phase of growth. With over 2,000 orders for our 9-seat hybrid electric aircraft from customers worldwide, we are poised to become a global industrial champion. Electra already has the strongest technical team in the business – and now we have the finance, legal, and operations experience to match.”

Mr. Allen said, “I am excited to join Electra’s first-rate team and help define the next level of air travel connectivity. My passion has always been about building, coaching, and inspiring high-performing teams. Electra is at the forefront of revolutionizing air travel with its direct aviation model, bringing air travel closer to where we live, work and play – without airports, emissions, or noise. Leading Electra at this pivotal moment is a once-in-a-lifetime opportunity.”

FMI:  www.electra.aero/