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United Kingdom

Air Lease Corp (AL.N)

AL.N on New York Stock Exchange

38.95USD
19 Aug 2019
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Summary

Name Age Since Current Position

Steven Udvar-Hazy

73 2016 Executive Chairman of the Board

John Plueger

64 2016 President, Chief Executive Officer, Director

Gregory Willis

40 2016 Chief Financial Officer, Executive Vice President

Carol Forsyte

56 2012 Executive Vice President, Chief Compliance Officer, General Counsel, Corporate Secretary

Jie Chen

55 2010 Executive Vice President, Managing Director of Asia

Marc Baer

54 2010 Executive Vice President - Marketing

Kishore Korde

45 2015 Executive Vice President - Marketing

Alex Khatibi

58 2010 Executive Vice President

Grant Levy

56 2018 Executive Vice President

John Poerschke

57 2017 Executive Vice President - Aircraft Procurement and Specifications

Robert Milton

58 2010 Lead Director, Independent Director

Matthew Hart

67 2010 Independent Director

Cheryl Krongard

63 2013 Independent Director

Marshall Larsen

70 2014 Independent Director

Ian Saines

56 2010 Independent Director

Ronald Sugar

70 2010 Independent Director

Mary DePalma

2016 Assistant Vice President, Investor Relations .

Biographies

Name Description

Steven Udvar-Hazy

Mr. Steven F. Udvar-Hazy is Executive Chairman of the Board of the Company. Mr. Udvar-Házy, who was appointed our Executive Chairman of the Board of Directors in July 2016, had served as our Chairman and Chief Executive Officer since our launch in February 2010. In 1973, Mr. Udvar-Házy co-founded the aircraft leasing business that became ILFC and from 1973 to February 2010 served as Chairman and Chief Executive Officer of ILFC. ILFC became a subsidiary of American International Group, Inc. in 1990. Mr. Udvar-Házy is an FAA Airline Transport Pilot with type ratings on multiple jet aircraft and has over 40 years of experience flying jet aircraft. Mr. Udvar-Házy brings extensive industry, managerial and leadership experience to our Board of Directors. With more than 40 years of aviation industry experience, Mr. Udvar-Házy provides our Board of Directors with a critical understanding and appreciation of our business and the know-how to craft and execute on our business and strategic plans. He is the founder, and a substantial stockholder, of our Company.

John Plueger

Mr. John L. Plueger is President, Chief Executive Officer, Director of the Company. Mr. Plueger has more than 30 years of aviation industry and aircraft leasing experience, 23 of which were with International Lease Finance Corporation (“ILFC”) where he served as acting Chief Executive Officer from February 2010 to March 2010, as President and Chief Operating Officer from 2002 to February 2010 and on its board of directors from 2002 to 2010. Mr. Plueger’s professional experience also includes testifying before the U.S. House of Representatives as an aircraft leasing industry expert witness as well as responding to European Commission formal inquiries concerning aerospace industry related mergers and acquisitions. Mr. Plueger is a Certified Public Accountant and is an FAA Airline Transport Pilot with type ratings on multiple jet aircraft and single/multi engine and instrument instructor ratings. Mr. Plueger is a member of the Pepperdine University Board of Regents and a director (Emeritus) of the Smithsonian National Air and Space Museum. Mr. Plueger has more than 30 years of aviation industry and aircraft leasing experience, providing our Board of Directors with an in-depth understanding of our business. His many years of business, financial, accounting, managerial and executive experience in our industry make him an invaluable member of our Board of Directors.

Gregory Willis

Mr. Gregory B. Willis is Chief Financial Officer, Executive Vice President of the Company. He was Chief Financial Officer, Senior Vice President of the Company. He served as Vice President, Finance, and Chief Accounting Officer, 2010-2012 Director of Accounting Policy of ILFC, 2007-2010. Mr. Willis is a Certified Public Accountant, licensed in the state of California, and is a member of the American Institute of Certified Public Accountants. Mr. Willis received a Bachelor of Arts degree from the University of California at Davis.

Carol Forsyte

Ms. Carol H. Forsyte is Executive Vice President, Chief Compliance Officer, General Counsel, Secretary of the Company. Previously, Caroly Forsyte served as Board Secretary, Chief Governance and SEC Counsel of Motorola Mobility Inc. Prior to the spin-off of Motorola Mobility from Motorola Inc., Ms. Forsyte spent 15 years at Motorola in various senior legal positions, including as Corporate Vice President, Law, Corporate & Securities. Ms. Forsyte received her Bachelor of Arts from Rutgers University and her Juris Doctorate from University of California’s Hastings College of the Law.

Jie Chen

Mr. Jie Chen is Executive Vice President, Managing Director of Asia of the Company. Mr. Chen served as Senior Vice President and Managing Director, Asia of ILFC, 2002-2010. He holds a Bachelor of Arts degree from the Renmin University of China and a Master Degree of Science in management from the State University of New York.

Marc Baer

Mr. Marc H. Baer is Executive Vice President - Marketing of the Company. Mr. Baer served as Senior Vice President of ILFC, 2007-2010. He holds a Bachelor of Arts degree from Stanford U niversity and a Juris Doctor from Loyola Law School.

Kishore Korde

Mr. Kishore Korde is Executive Vice President - Marketing of the Company. He served as Senior Vice President, Marketing of ALC from 2010-May 2015.

Alex Khatibi

Mr. Alex A. Khatibi is Executive Vice President of the Company. Mr. Khatibi served as Managing Director of ILFC's Middle East business, 1996-2010. Mr. Khatibi is a graduate of Embry-Riddle Aeronautical University where he received a Bachelor of Science degree in Engineering and completed Technical Management studies. Mr. Khatibi also holds an FAA Airframe & Powerplant license, certified to approve aircraft airworthiness and return to service.

Grant Levy

Mr. Grant A. Levy is Executive Vice President of the Company. He is no longer General Counsel, Secretary of the Company effective September 17, 2012. Mr. Levy served as Senior Vice President, Marketing of ILFC, 2002-2010. Mr. Levy received his Bachelor of Arts degree from Pomona College and his Juris Doctor (cum laude) from Boston College Law School.

John Poerschke

Mr. John D. Poerschke is Executive Vice President - Aircraft Procurement and Specifications of the Company. He has served as the Senior Vice President - Aircraft Procurement and Specifications of the Company from March 2010-February 2017. Mr. Poerschke served as Vice President, Aircraft Specifications and Material, of ILFC, 1995-2010. Mr. Poerschke received a Bachelor of Science degree from USC and he is a FAA-rated pilot.

Robert Milton

Mr. Robert Aaron Milton is Lead Independent Director of the Company. Mr. Milton was the Chairman and Chief Executive Officer of ACE Aviation Holdings, Inc., a holding company for Air Canada and other aviation interests (“ACE”) from 2004 until June 2012. He also was the President of ACE from 2004 until 2011. Mr. Milton was also the Chairman of Air Canada from 2004 until 2007. He held the position of President and Chief Executive Officer of Air Canada from August 1999 until December 2004. Mr. Milton is a former director of United Continental Holdings, Inc. and of AirAsia Berhad. Mr. Milton is a trustee of the Georgia Tech Foundation, a Director (Emeritus) of the Smithsonian Air and Space Museum and served as Chair of the International Air Transport Association’s Board of Governors from 2005 to 2006. Mr. Milton’s extensive experience in the aviation industry, including his many years with Air Canada and his past service on the board of directors of two major U.S. airlines, provides our Board of Directors with deep industry experience. Our Board of Directors has benefited from Mr. Milton’s many relationships in the aircraft manufacturing, aircraft leasing and airline industries. Mr. Milton’s management experience and understanding of the aircraft leasing industry make him an ideal choice to act as our lead independent director.

Matthew Hart

Mr. Matthew J. Hart is an Independent Director of the Company. Mr. Hart served as President and Chief Operating Officer of Hilton Hotels Corporation, a global hospitality company, from May 2004 until the buyout of Hilton by a private equity firm in October 2007. Mr. Hart also served as Executive Vice President and Chief Financial Officer of Hilton from 1996 to 2004. Prior to joining Hilton, Mr. Hart served as the Senior Vice President and Treasurer of The Walt Disney Company and Executive Vice President and Chief Financial Officer for Host Marriott Corp. He was a director of US Airways Group, Inc. from 2006 until its December 2013 merger with American Airlines Group Inc. (formerly AMR Corporation) and of B. Riley Financial, Inc. from July 2009 until October 2015. Mr. Hart possesses significant executive experience in the hotel industry and currently serves on the board of directors of a major U.S. airline. Mr. Hart provides our Board of Directors with an important combination of management, airline industry and financial expertise. His past experience as the chief financial officer of two Fortune 500 companies, and his current service on the audit committees of two other public companies, make him instrumental in helping our Board of Directors implement business and financial strategy.

Cheryl Krongard

Ms. Cheryl Gordon Krongard is an Independent Director of the Company. Ms. Krongard is engaged in private investment activities. Ms. Krongard was a senior partner of Apollo Management, L.P., a private investment company, from January 2002 to December 2004. From 1994 to 2000, she served as the Chief Executive Officer of Rothschild Asset Management and as Senior Managing Director for Rothschild North America. Additionally, she served as a director of Rothschild North America, Rothschild Asset Management, Rothschild Asset Management BV, and Rothschild Realty Inc. and as Managing Member of Rothschild Recovery Fund. Ms. Krongard also served as a director of US Airways Group, Inc. from 2003 until its December 2013 merger with American Airlines Group Inc. (formerly AMR Corporation) and as a director of Legg Mason, Inc. from 2006 until July 2017. Ms. Krongard was elected a lifetime governor of the Iowa State University Foundation in 1997 and has served as Chairperson of its Investment Committee. She also is a member of the Deans Advisory Council, Iowa State University College of Business. Ms. Krongard brings substantial asset management expertise and leadership experience serving as a senior executive at large, complex asset management organizations. Ms. Krongard also has significant compensation, finance, and corporate governance experience acquired through her service on the boards and committees of other publicly traded companies. Her strategic planning experience and airline experience gained as a director of a public company is a key resource to our Board of Directors for financial investments and business strategy.

Marshall Larsen

Mr. Marshall O. Larsen is an Independent Director of the Company. Mr. Larsen served as Chairman, President and Chief Executive Officer of Goodrich Corporation, a supplier of systems and services to the aerospace and defense industry, from 2003 until his retirement in July 2012 when the company was acquired by United Technologies Corporation. He was elected as President and Chief Operating Officer of Goodrich in February 2002, and as a director in April 2002. From 1995 through January 2002, Mr. Larsen served as Executive Vice President of Goodrich and President and Chief Operating Officer of Goodrich Aerospace division of Goodrich. Mr. Larsen joined Goodrich in 1977. Mr. Larsen is a former director of the Federal Reserve Bank of Richmond and former Chairman of the U.S. Aerospace Industries Association. He is active in numerous community activities and is a member of the Krannert School of Management Advisory Board, Purdue University. Mr. Larsen brings substantial business and leadership experience as the chairman and chief executive officer of a publicly-traded company for nine years including insights in governance, regulatory and management issues facing public companies. His in-depth knowledge of the aerospace industry and the conditions that affect the industry significantly benefits the discussions of our Board of Directors.

Ian Saines

Mr. Ian M. Saines is an Independent Director of the Company. Mr. Saines is Chief Executive, Funds Management of Challenger Limited, an Australian investment management firm. From December 2013 to March 2, 2015 he was engaged in private investment activities. From December 2008 to December 2013, Mr. Saines was employed by Commonwealth Bank of Australia in the role of Group Executive of the Institutional Banking and Markets Division. At Commonwealth Bank of Australia as a member of the bank’s senior executive committee, Mr. Saines was responsible for managing Commonwealth Bank’s relationships with major corporate, government and investor clients and providing a full range of capital raising, transactional and risk management products and services. Prior to joining Commonwealth Bank of Australia in May 2004, Mr. Saines was a Management Committee member of Zurich Capital Markets Asia, the investment banking arm of the Zurich Financial Services Group. He previously held various senior roles with Bankers Trust Australia Limited and was also employed by the Reserve Bank of Australia. He is currently a director of the American Australian Association Limited. Mr. Saines is a Fellow of the Australian Institute of Company Directors (FAICD). Mr. Saines brings to our Board of Directors a wealth of experience in commercial banking and deep knowledge of financial risk management. He provides our Board of Directors with key insights with respect to financial products, the financial markets, capital raising activities and the management of a large, complex business.

Ronald Sugar

Dr. Ronald D. Sugar, Ph.D., is an Independent Director of the Company. Dr. Sugar was Chairman of the Board and Chief Executive Officer of Northrop Grumman Corporation, a global aerospace and defense company, from 2003 until 2010 and President and Chief Operating Officer from 2001 until 2003. He was President and Chief Operating Officer of Litton Industries, Inc. from 2000 until the company was acquired by Northrop Grumman in 2001. He was earlier Chief Financial Officer of TRW Inc. He is the Chairman of Board of Directors of Uber Technologies Inc. and also serves as an adviser to Ares Management LLC, Bain & Company, Northrop Grumman Corporation and Singapore’s Temasek Investment Company. He is a trustee of the University of Southern California, member of the Board of Visitors of UCLA Anderson School of Management, member of the boards of directors of the Los Angeles Philharmonic Association and Alliance College – Ready Public Schools. He is the past Chairman of the Aerospace Industries Association, and a member of the National Academy of Engineering. Dr. Sugar has significant executive experience in the global aerospace business. In addition to drawing on Dr. Sugar’s in-depth executive and financial experience in related industries, our Board of Directors also benefits from Dr. Sugar’s current experience as a board member of three Fortune 100 companies. He has particularly useful experience with risk oversight, advanced technology, and a deep understanding of legislative and regulatory processes.

Mary DePalma

Basic Compensation

Name Fiscal Year Total

Steven Udvar-Hazy

8,084,370

John Plueger

7,672,190

Gregory Willis

2,341,890

Carol Forsyte

--

Jie Chen

3,522,600

Marc Baer

2,690,400

Kishore Korde

--

Alex Khatibi

--

Grant Levy

3,053,790

John Poerschke

--

Robert Milton

295,000

Matthew Hart

245,000

Cheryl Krongard

210,000

Marshall Larsen

210,000

Ian Saines

215,000

Ronald Sugar

230,000

Mary DePalma

--
As Of  31 Dec 2018