Appointment of Non-Executive Director

RNS Number : 0691A

Amedeo Air Four Plus Limited

02 June 2016

 

2 June 2016

AMEDEO AIR FOUR PLUS LIMITED (THE "COMPANY")

APPOINTMENT OF NON-EXECUTIVE DIRECTOR

The board of directors of the Company is pleased to announce the appointment of Laurence Barron as an independent non-executive director of the Company with immediate effect.

Laurence (aged 64) had already been appointed to act as a consultant to the Company with effect from October 2015.

Laurence was Chairman of Airbus Group China.  Having begun his career as a commercial lawyer in Paris and then in Tokyo, where he first became involved in aircraft financing transactions, he joined Airbus in 1982 as an in-house lawyer specialising in aircraft finance.  He subsequently moved to the business side when, in 1984, he was appointed Sales Finance Directors North America, becoming Head of Sales Finance in 1985, and then, in 1987, Vice President of Customer Finance.  In 1994, he was asked to set up the Asset Management Organisation within Airbus and that year became Vice President and Head of Asset Management.  Airbus Asset Management has full responsibility for all used aircraft transactions at Airbus and acts as an in-house leasing company for the used Airbus aircraft owned or controlled by the Airbus group of companies.  In 2001 he was promoted to Senior Vice President of Airbus before in 2004 assuming the role of President of Airbus China, with responsibility for Airbus' overall activities in the People's Republic of China.

In January 2013, Laurence was appointed Chairman of EADS China, now rebranded Airbus Group China.  Laurence holds an LLB from Bristol University Law Faculty.

Robin Hallam, Chairman of the Company said:

"We are delighted that Laurence has agreed to join the Board.  His extensive business experience and skills gained over the years will strengthen the Board overall."

For further information, please contact:

Administrative Enquiries:

JTC (Guernsey) Limited

Tel: [phone]

E&OE - in transmission

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