Willis Lease Finance Corporation Hires SR Technics Veteran, Caroline M. Vandedrinck, to Run its Growing Services Businesses
Willis Lease Finance (NASDAQ: WLFC) has appointed Caroline M. Vandedrinck as Senior Vice President of Materials & Services to manage its growing aftermarket services businesses. This move comes in response to substantial growth, with the company's asset fleet currently valued at $2.5 billion. Vandedrinck, an industry veteran with over 30 years of experience, will oversee WLFC's vertically integrated services including engine MRO facilities, spare parts business, asset management, and airframe MRO.
Garry Failler, SVP and Chief Technical Officer, will continue to manage WLFC's worldwide technical group, quality, and logistics. CEO Austin C. Willis expressed confidence that Vandedrinck's strategic vision and leadership will strengthen operations and enhance service delivery as the company continues to grow.
Willis Lease Finance (NASDAQ: WLFC) ha nominato Caroline M. Vandedrinck come Senior Vice President di Materiali e Servizi per gestire la sua crescente attività di servizi post-vendita. Questa decisione è stata presa in risposta a una notevole crescita, con la flotta di asset della società attualmente valutata 2,5 miliardi di dollari. Vandedrinck, un veterano del settore con oltre 30 anni di esperienza, supervisionerà i servizi verticalmente integrati di WLFC, inclusi gli impianti di MRO dei motori, il business dei ricambi, la gestione degli asset e l'MRO della fusoliera.
Garry Failler, SVP e Chief Technical Officer, continuerà a gestire il gruppo tecnico globale di WLFC, insieme alla qualità e alla logistica. Il CEO Austin C. Willis ha espresso fiducia nel fatto che la visione strategica e la leadership di Vandedrinck rafforzeranno le operazioni e miglioreranno la consegna dei servizi mentre l'azienda continua a crescere.
Willis Lease Finance (NASDAQ: WLFC) ha nombrado a Caroline M. Vandedrinck como Vicepresidenta Senior de Materiales y Servicios para gestionar su creciente negocio de servicios de posventa. Esta decisión responde a un crecimiento considerable, ya que la flota de activos de la compañía está actualmente valorada en 2.5 mil millones de dólares. Vandedrinck, una veterana de la industria con más de 30 años de experiencia, supervisará los servicios verticalmente integrados de WLFC, incluidos los talleres de MRO de motores, el negocio de piezas de repuesto, la gestión de activos y el MRO de fuselajes.
Garry Failler, SVP y Director Técnico, continuará gestionando el grupo técnico mundial de WLFC, así como la calidad y la logística. El CEO Austin C. Willis expresó su confianza en que la visión estratégica y el liderazgo de Vandedrinck fortalecerán las operaciones y mejorarán la entrega de servicios a medida que la empresa siga creciendo.
윌리스 리스 파이낸스(NASDAQ: WLFC)는 캐롤라인 M. 반드린크를 자재 및 서비스의 선임 부사장으로 임명하여 고객 서비스 사업 성장 관리를 맡기게 되었습니다. 이 결정은 회사 자산 플릿의 가치는 현재 25억 달러로 상당한 성장을 반영합니다. 반드린크는 30년 이상의 경력을 가진 업계 베테랑으로 WLFC의 수직 통합 서비스, 엔진 MRO 시설, 예비 부품 사업, 자산 관리 및 항공기 MRO를 감독할 것입니다.
SVP이자 최고 기술 책임자인 개리 페일러는 WLFC의 전 세계 기술 그룹, 품질 및 물류를 계속 관리할 것입니다. CEO 오스틴 C. 윌리스는 반드린크의 전략적 비전과 리더십이 운영을 강화하고 서비스 제공을 개선할 것이라는 확신을 나타냈습니다.
Willis Lease Finance (NASDAQ: WLFC) a nommé Caroline M. Vandedrinck au poste de Vice-présidente senior des Matériaux et des Services pour gérer son activité croissante de services après-vente. Cette décision fait suite à une croissance substantielle, la flotte d'actifs de l'entreprise étant actuellement évaluée à 2,5 milliards de dollars. Vandedrinck, vétéran de l'industrie avec plus de 30 ans d'expérience, supervisera les services intégrés verticalement de WLFC, y compris les installations MRO des moteurs, le commerce des pièces de rechange, la gestion des actifs et le MRO des fuselages.
Garry Failler, SVP et directeur technique, continuera à gérer le groupe technique mondial de WLFC, ainsi que la qualité et la logistique. Le PDG Austin C. Willis a exprimé sa confiance dans le fait que la vision stratégique et le leadership de Vandedrinck renforceront les opérations et amélioreront la prestation de services à mesure que l'entreprise continuera de croître.
Willis Lease Finance (NASDAQ: WLFC) hat Caroline M. Vandedrinck zur Senior Vice President von Materialien und Dienstleistungen ernannt, um das wachsende Geschäft mit Aftermarket-Dienstleistungen zu leiten. Dieser Schritt erfolgt als Reaktion auf ein erhebliches Wachstum, da die Vermögensflotte des Unternehmens derzeit auf 2,5 Milliarden Dollar geschätzt wird. Vandedrinck, eine Branchenkennerin mit über 30 Jahren Erfahrung, wird die vertikal integrierten Dienstleistungen von WLFC überwachen, einschließlich der MRO-Anlagen für Triebwerke, des Ersatzteilgeschäfts, des Asset-Managements und der MRO von Rumpf.
Garry Failler, SVP und Chief Technical Officer, wird weiterhin die weltweite technische Gruppe von WLFC sowie Qualität und Logistik leiten. CEO Austin C. Willis äußerte sich zuversichtlich, dass Vandedrincks strategische Vision und Führung die Betriebsabläufe stärken und die Serviceleistung verbessern werden, während das Unternehmen weiterhin wächst.
- Appointment of experienced industry veteran Caroline M. Vandedrinck to lead growing services businesses
- Company's asset fleet valued at $2.5 billion, indicating significant growth
- Expansion of technical senior leadership team into two distinct roles to support rapid growth
- Strategic alignment of aftermarket services businesses under new leadership
- None.
COCONUT CREEK, Fla., July 22, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and global provider of aviation services, announces the expansion of its technical senior leadership team into two distinct roles. In direct response to substantial and rapid growth, the Company has appointed industry veteran, Caroline M. Vandedrinck, as its new Senior Vice President (“SVP”), Materials & Services, to manage the Company’s strategically aligned aftermarket services businesses. Garry Failler, SVP and Chief Technical Officer, will continue to manage WLFC’s worldwide technical group, quality and logistics, as well as support the significant expansion of the Company’s fleet of assets, currently valued at
Ms. Vandedrinck brings a wealth of experience and expertise to lead and grow WLFC’s vertically integrated services businesses which include: Willis Engine Repair Center®, its engine maintenance, repair and overhaul (“MRO”) facilities, strategically located in Coconut Creek, Florida, and Bridgend, Wales; Willis Aeronautical Services, Inc., its spare parts and materials business, based in Coconut Creek, Florida; Willis Asset Management Limited, its asset management and consulting business based in Bridgend, Wales; and Willis Aviation Services Limited, its airframe MRO, based in Teesside, England.
“Garry Failler has done a remarkable job growing these businesses, building some of them from the ground up. With the growth we are experiencing, the time has come to focus our efforts distinctly on servicing the technical needs of our portfolio, which Garry will manage, while also growing our services businesses to maximize profits and value to our customers, which Caroline will oversee,” said Chief Executive Officer (“CEO”) Austin C. Willis.
“Having known Caroline for many years, I am thrilled to welcome her to WLFC. She is an outstanding individual and an exceptional leader, possessing the skillset required to drive and support the continued growth and success of our services business units,” said Garry Failler.
With more than 30 years of aerospace and MRO industry experience, Ms. Vandedrinck has played a pivotal role in driving market share growth in existing and new markets while ensuring top-notch service for airlines and lessors. Ms. Vandedrinck has held key positions at SR Technics, Sikorsky, Barnes Aerospace, Alcoa’s Aerospace Forgings division, Pratt & Whitney, United Technologies, and Fairchild Aircraft. Her varied experience in sales leadership and management positions across different regions has equipped her with a unique perspective on the aerospace industry.
Ms. Vandedrinck holds a Bachelor of Science degree in aerospace engineering from Embry-Riddle Aeronautical University and an MBA from the European University. She is also a licensed pilot with proficiency in multiple European languages, enriching her international outlook.
"Caroline is a respected executive who is well known to WLFC and the aviation industry. We are excited to welcome her to our senior leadership team and are confident that her strategic vision and leadership will further strengthen our operations and enhance our delivery of services as we continue to grow," added CEO Willis.
“I am honored to join WLFC and look forward to leading the respective teams in growing the different aftermarket services businesses at Willis. With global air transport flying hours continuing to rise above pre-pandemic levels, I believe aftermarket services will follow the same trend, and Willis' businesses are ready to meet those needs,” shared Ms. Vandedrinck.
For more information on Willis Lease Finance Corporation and the Company’s comprehensive aviation solutions, visit www.wlfc.global.
Willis Lease Finance Corporation
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 worldwide. These leasing activities are integrated with engine and aircraft trading, engine lease pools and asset management services through Willis Asset Management Limited, as well as various end-of-life solutions for engines and aviation materials provided through Willis Aeronautical Services, Inc. Additionally, through Willis Engine Repair Center®, Jet Centre by Willis, and Willis Aviation Services Limited, the Company’s service offerings include Part 145 engine maintenance, aircraft line and base maintenance, aircraft disassembly, parking and storage, airport FBO and ground and cargo handling services.
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 war, terrorist activity and the COVID-19 pandemic; changes in oil prices, rising inflation and other disruptions to 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 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 WLFC’s Annual Report on Form 10-K and other continuing reports filed with the Securities and Exchange Commission.
| CONTACT: | Lynn Mailliard Kohler |
| Manager Corporate Communications | |
| lkohler@willislease.com | |
| 415.328.4798 |
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0f94cd9e-9b98-4abb-bab3-9d7afa6f6ecb
FAQ
Who is Caroline M. Vandedrinck and what is her new role at Willis Lease Finance (WLFC)?
What is the current value of Willis Lease Finance 's (WLFC) asset fleet?
What services will Caroline M. Vandedrinck oversee in her new role at Willis Lease Finance (WLFC)?
Why did Willis Lease Finance (WLFC) create this new leadership position?
