AerCap CFO Keith Helming leaves

  • Signs for push-out forces
  • After around ten years on the job
  • Laud, praise and thanks for Helming
  • Peter Juhas taking over

(management-change.com) — Dublin, Ireland, December 19, 2016 — Keith Helming, finance chief of AerCap, leaves. As announced by AerCap Holdings N.V. in a news release on Monday, December 19, 2016, Keith A. Helming leaves the post as Chief Financial Officer at the world’s largest aircraft leasing company in a surprising move after around ten years on the job, effective in 2017.

It is the end of an era.

Helming’s duties are taken over by Peter Juhas, currently Deputy Chief Financial Officer at AerCap Holdings N.V.

No reason given

In the announcement, AerCap did not explicitly explain the reason for Helming’s move, leaving room for speculation.

“Leaving”

AerCap said: Helming “will be leaving AerCap after holding the position of Chief Financial Officer for the past 10 years”.

Precise information about the future plans of Helming was not immediately available.

Chaired by Pieter Korteweg

AerCap Holdings N.V. is chaired by Pieter Korteweg.

Korteweg has been a Director of AerCap since September 27, 2006. He serves as Vice Chairman of Cerberus Global Investment Advisors, LLC, and Director of Cerberus entities in the Netherlands.

Aengus Kelly serves as CEO of AerCap Holdings N.V. Kelly was appointed Executive Director and Chief Executive Officer of AerCap on May 18, 2011.

On the job as CFO since 2006

Helming has been the Chief Financial Officer of AerCap Holdings N.V. since August 21, 2006.

Prior to joining AerCap, he was a long standing executive at GE Capital Corporation, including serving for five years as Chief Financial Officer at aircraft lessor GECAS.

He was with General Electric Company for over 25 years, beginning with their Financial Management Program in 1981.

In addition to the GECAS role, Helming served as the Chief Financial Officer of GE Corporate Financial Services, GE Fleet Services and GE Consumer Finance in the United Kingdom, and also held a variety of other financial positions throughout his career at GECC.

Helming holds a Bachelor of Science degree in Finance from Indiana University.

Helming will remain with AerCap through May 2017.

Signs for push-out forces

It is not completely certain what forces eventually triggered Keith A. Helming’s move.

The Push-out Score™ determined by management-change.com suggests that push-out forces may have contributed to the management change.

Read the full story in the management-change.com report 48.2016 ($).