Tue, Nov 01, 2016
Will Be Responsible For Overall Strategy Of The Company
Global Jet Capital, a global provider of financing solutions for corporate aircraft, has announced that it has appointed Shawn Vick as Chief Executive Officer, responsible for the overall strategy and direction of the company.
With over 30 years’ experience in corporate aviation, Shawn Vick has been closely involved in the development of Global Jet Capital since its launch in 2014. A partner at AE Industrial Partners (AEI), and one of the company’s investors, Mr. Vick had previously been an Executive Director and the Chairman of the Executive Committee at Global Jet Capital.
Mr. Vick will remain a partner at AEI, which is focused on investing for long term growth in the commercial aerospace, business aviation and power generation sectors. AEI closed its first fund dedicated to aerospace and related industry segments with $680 million in equity commitments, as well as raising an additional $200 million for its co-investment vehicles, including Global Jet Capital
Today’s announcement follows the successful acquisition of the GE portfolio of more than 300 aircraft valued at approximately $2.5B. In his role as Chairman of the Executive Committee throughout 2015 and 2016, Mr. Vick has overseen significant growth for Global Jet Capital including establishing itself as a globally recognized brand, building its capabilities and attracting a world class team of over 65 seasoned professionals who have underwritten several hundred million dollars in new transactions as a non-traditional and entrepreneurial financial solutions provider.
Mr. Vick has held senior leadership positions at Gulfstream Aerospace, Bombardier Aerospace, British Aerospace, Hawker Beechcraft, and Landmark Aviation. He holds a Bachelor of Science degree in Aviation Management from Embry-Riddle Aeronautical University and is an active private pilot.
(Source: Global Jet Capital news release)
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