Air Partner PLC Appointment of CFO and Interim Chairman (0484A)

TIDMAIR

RNS Number : 0484A

Air Partner PLC

07 September 2018

Air Partner PLC

7 September 2018

LEI: 213800JLR6YIRMSCUS98

Air Partner plc Board Appointments

APPOINTMENT OF CHIEF FINANCIAL OFFICER & INTERIM CHAIRMAN

Air Partner plc ('Air Partner' or 'Group'), the global aviation services group, announces the following Board appointments:

Appointment of Joanne Estell as Chief Financial Officer

Joanne Estell has been appointed as Chief Financial Officer ("CFO"), with effect from 10 September. Joanne will serve on Air Partner's Board, reporting directly to Mark Briffa, CEO.

Joanne is a qualified accountant (ACMA) with over 20 years' experience working at both listed and private businesses. Joanne qualified at Whitbread Plc and has held senior finance and M&A roles at a number of companies including Smiths Group and Survitec Group. Her most recent CFO roles were at the AIM-listed Shield Therapeutics plc, the specialty pharmaceutical business, and, prior to this, at AIM-listed Stadium Group plc, a global manufacturer of technology lead products. Within her CFO roles, Joanne has developed particular expertise in financial disciplines and finance team management along with M&A and acquisition integration.

Current interim CFO Chris Mann will remain with Air Partner until the 13(th) September 2018.

Appointment of Richard Jackson as Interim Chairman

Richard Jackson, currently the Senior Independent Director, has been appointed as Interim Chairman of the Board with immediate effect. This appointment is necessitated while Air Partner carries out a full search process to find a successor to Peter Saunders who sadly passed away after a short illness (announced 30 August 2018 on RNS).

Richard joined the Board of Air Partner in September 2016 as an Independent Non-executive Director and became the Senior Independent Director in June 2017. Richard will remain a member of the Air Partner Audit and Risk Committee, Remuneration Committee and Nominations Committee.

Commenting on the two Board appointments, Mark Briffa, CEO of Air Partner, said:

"I am delighted to be welcoming Joanne to Air Partner's Board and Executive Team. Joanne's strong technical and controls skills coupled with her plc and commercial experience, will be invaluable as we continue to pursue our clear long term strategy to become a world class aviation services group and capture the considerable opportunities to improve and grow multiple areas of our business. Separately, I'd like to thank Chris Mann for the excellent support and insight he has provided as Interim CFO and Richard Jackson for assuming the role of Interim Chairman."

This notification is made in accordance with LR 9.6.11R.

ENDS

Enquiries:

 
 Air Partner                01293 844788 
 Mark Briffa, CEO 
 Kate Patrick, Investor 
  Relations 
 
 TB Cardew (Financial PR 
  advisor)                  020 7930 0777 
 Tom Allison                07789 998 020 
 Alycia MacAskill           07876 222 703 
 

About Air Partner:

Founded in 1961, Air Partner is a global aviation services group that provides worldwide solutions to industry, commerce, governments and private individuals. The Group has two divisions : Charter division, comprising air charter broking and remarketing; and the Consulting & Training division, comprising the aviation safety consultancies, Baines Simmons, Clockwork Research and SafeSkys, as well as Air Partner's Emergency Planning Division. For reporting purposes, the Group is structured into four divisions: Commercial Jets, Private Jets, Freight (Charter) and Consulting & Training (Baines Simmons, Clockwork Research, SafeSkys and Air Partner's Emergency Planning Division). The Commercial Jet division charters large airliners to move groups of any size. Air Partner Remarketing, which is within the Commercial Jet division, provides comprehensive remarketing programmes for all types of commercial and corporate aircraft to a wide range of international clients. Private Jets offers the Company's unique pre-paid JetCard scheme and on-demand charter. Freight charters aircraft of every size to fly almost any cargo anywhere, at any time. Baines Simmons is a world leader in aviation safety consulting specialising in aviation regulation, compliance and safety management. Clockwork Research is a leading fatigue risk management consultancy. SafeSkys is a leading Environmental and Air Traffic Control services provider to UK and International airports. Air Partner is headquartered alongside Gatwick airport in the UK. Air Partner operates 24/7 year-round and has 20 offices globally. Air Partner is listed on the London Stock Exchange (AIR) and is ISO 9001:2015 compliant for commercial airline and private jet solutions worldwide. www.airpartner.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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September 07, 2018 02:00 ET (06:00 GMT)