Here are a few updates for the month of July 2022:
27 – Stefano Bortoli is to step down as CEO of turboprop maker ATR from September 17. After four years, he will move to a new leadership role at Leonardo, which partly owns ATR together with Airbus. ATR has appointed Nathalie Tarnaud Laude as the CEO effective from September 17. She joins the airframer from helicopter maker NH Industries as President and Senior Vice President and Head of the NH90 Programme. Before that, she held various positions within Airbus since 2005. Tarnaud Laude “brings strong strategic and leadership skills, as well as program execution experience, essential to continue developing ATR as a leader in sustainable regional aviation”, ATR says in a media statement. She thanks Bortoli for preserving ATR’s market position.
26 – Founding CEO Domhnal Slattery of lessor Avolon is to step down later this year. He has chosen to pursue other, non-executive interests. Current Chief Financial Officer Andy Cronin has been elected by the Board as the CEO Designate. Slattery will continue to work with Cronin in the coming months for a smooth transition of leadership. Slattery has been with Avolon since 2010 and has built the lessor into the world’s second-largest behind AerCap, in part by acquiring other lessors over the years. Instead of just focusing on commercial aircraft, Slattery opted to diversify the portfolio into the emerging market for Advanced Air Mobility vehicles. Avolon is a key customer of Vertical Aerospace with orders for 500 VX4s, which have all been placed with customers.
26 – Rolls-Royce has appointed Tufan Erginbilgic (picture above) as its new CEO and executive director from January 1, 2023. He will succeed Warren East, who announced in February that he wished to step down from his position after eight years as CEO. Erginbigic joins the engine maker with a background in engineering. He used to work for BP and was part of the executive team for five years before leaving in 2020. He currently is a partner with private equity fund Global Infrastructure Partners (GIP). His connection with the aviation industry is through a non-executive role at GKN Aerospace. “He has extensive strategic and operational experience and a firm understanding of safety critical industries, including aerospace, as well as the challenges and commercial opportunities presented by the drive for low carbon technologies”, Anita Frew, Chair of Rolls-Royce says in a media statement.
Active as a journalist since 1987, with a background in newspapers, magazines, and a regional news station, Richard has been covering commercial aviation on a freelance basis since late 2016.
In 2022, he has gone full-time freelance. Richard has been contributing to AirInsight since December 2018. He is also writing for Airliner World and Aviation News. From January 2023, he will add a part-time role with Dutch website and magazine Luchtvaartnieuws. Twitter: @rschuur_aero.