23 November 2021
New CEO of AerFin
AerFin Board of Directors has appointed Simon Goodson as new Chief Executive Officer, replacing founder and current CEO Bob James. Bob James will remain invested in the business and transition to Non-Executive Director as part of the company’s agreed succession planning. Simon Goodson will join the business on 1 December 2021.
Lucas Mollan, chairman of the board, said: “On behalf of the company and all shareholders, I would like to thank Bob James for his commitment and continued support in building the business from its inception to the well-respected, professional, aviation services provider that it is today. The company has experienced significant growth under his leadership and his ongoing participation at board level is very much appreciated”. He added “The board welcomes Simon Goodson as CEO, strengthening the platform and preparing the business for further international expansion and growth. Simon Goodson has a wealth of experience gained through a career spanning the Royal Navy, asset backed finance, engine leasing and latterly Rolls Royce PLC where he served in various roles, most recently as Senior Vice President – Customer Business, Civil Aerospace, heading up global sales for civil engines and services”.
CataCap, in partnership with the management team, acquired AerFin Holdings in October 2019. Peter Ryttergaard, partner of CataCap and deputy chairman of the board of Aerfin, added “We would like to thank Bob James for his commitment and continued support at board level and now welcome Simon as CEO. We consider the aviation aftermarket to be extremely attractive with strong underlying growth drivers. We expect to see a strong recovery from the pandemic which will see airlines, OEMs and MROs seek to reduce costs and drive sustainable supply chain solutions around which our investment strategy has been developed.”
Chairman of the Board, Aerfin
CataCap invests in small and medium-sized companies which have a significant development potential and an innovative business model with a long-term raison d’être.
The concept is to act as a catalyst for sustainable business growth through a systematic and consistent approach for strengthening business development, operational processes and management competencies in an active collaboration with a number of strategic partners and the companies’ management and employees.
CataCap is an active and engaged owner. The purpose of the systematic hands-on approach to develop the fund’s companies is to increase the speed and durability of the companies’ business growth and thus create long-term value for all of the stakeholders and stable, higher returns for investors.
AerFin Ltd is a leading specialist in aircraft and engine component support services and MRO solutions, with an extensive inventory holding supporting airlines and MRO customers world-wide with quality used serviceable inventory to reduce maintenance costs. With a particular focus on narrow-body and regional EJet aircraft AerFin provides a portfolio of services under Power By the Hour (PBH) support packages for airlines, as well as engine and APU leasing and innovative material supply programs for MROs and operators alike. AerFin also provides engine disassembly and MRO services for CF34, CFM and RR engines from its UK based technical facility.