Willis Lease Finance Announces Donald Nunemaker to Retire in 2016
2015年11月12日 - 11:00PM
Willis Lease Finance Corporation (Nasdaq:WLFC) announced today that
Donald A. Nunemaker plans to retire as President, effective March
31, 2016 or shortly thereafter.
"Since joining Willis Lease in 1997, Don has made many
significant contributions to the growth and development of the
Company," said Charles F. Willis, Chairman and CEO. "We have grown
from just under $157 million to nearly $1.3 billion in assets over
the last eighteen years, and Don's hard work is evident in the
strength and scope of our franchise today. We had a great run
together and I wish him all the best in his well-deserved
retirement."
Mr. Nunemaker has worked for Willis Lease for 18 years and has
served in a variety of positions including, previously, Chief
Administrative Officer, Chief Financial Officer, Chief Operating
Officer, as well as a Director on the Willis Lease Board and, for
the past five years, President.
Mr. Nunemaker's involvement in the equipment leasing industry
began in 1973 and, prior to joining Willis Lease, he held executive
management positions at Lease Partners, Inc., Concord Asset
Management, Inc., Banc One Leasing, Inc. and Chase Manhattan
Leasing Company, Inc. Throughout the years, he has been a
frequent speaker at many aviation industry conferences and
events.
The Company has engaged Korn Ferry to conduct an international
search to identify potential successor candidates for a new
President.
About Willis Lease Finance
Willis Lease Finance Corporation leases large and regional spare
commercial aircraft engines, auxiliary power units and aircraft to
airlines, aircraft engine manufacturers and maintenance, repair and
overhaul providers in 120 countries. These leasing activities are
integrated with engine and aircraft trading, engine lease pools
supported by cutting edge technology, as well as various
end-of-life solutions for aircraft, engines and aviation materials
provided through its subsidiary, Willis Aeronautical Services,
Inc.
Except for historical information, the matters discussed in this
press release contain forward-looking statements that involve risks
and uncertainties. Do not unduly rely on forward-looking
statements, which give only expectations about the future and are
not guarantees. Forward-looking statements speak only as of
the date they are made, and we undertake no obligation to update
them. Our actual results may differ materially from the
results discussed in forward-looking statements. Factors that
might cause such a difference include, but are not limited to: the
effects on the airline industry and the global economy of events
such as terrorist activity, changes in oil prices and other
disruptions to the world markets; trends in the airline industry
and our ability to capitalize on those trends, including growth
rates of markets and other economic factors; risks associated with
owning and leasing jet engines and aircraft; our ability to
successfully negotiate equipment purchases, sales and leases, to
collect outstanding amounts due and to control costs and expenses;
changes in interest rates and availability of capital, both to us
and our customers; our ability to continue to meet the changing
customer demands; regulatory changes affecting airline operations,
aircraft maintenance, accounting standards and taxes; the market
value of engines and other assets in our portfolio; and risks
detailed in the Company's Annual Report on Form 10-K/A and other
continuing reports filed with the Securities and Exchange
Commission.
CONTACT: Charles F. Willis
Chief Executive Officer
(415) 408-4700
The Cereghino Group
IR CONTACT: 206-388-5785
Willis Lease Finance (NASDAQ:WLFC)
過去 株価チャート
から 6 2024 まで 7 2024
Willis Lease Finance (NASDAQ:WLFC)
過去 株価チャート
から 7 2023 まで 7 2024