Tony Mack, chairman of Air Partner, announced in November 2007 that he intended to step down as chairman, but as a significant shareholder, would remain as a non-executive board director. Subsequently, Air Partner is pleased to announce that Aubrey Adams will join the board as non-executive chairman with effect from 1st April 2008.
Mr Adams joins from Savills PLC (“Savills”), the leading global real estate service provider, listed on the London Stock Exchange. Mr Adams joined Savills as managing director in 1990 and was appointed chief executive in 2000. Under Aubrey's leadership Savills enjoyed significant growth, leading to entry into the FTSE 250 index of companies. Mr Adams also holds non-executive directorships with Pinnacle Regeneration Group plc and Unitech Corporate Parks plc. Until April 2006, he was a non-executive director of Associated British Ports Holdings plc and is currently a Trustee of The Wigmore Hall.
David Savile, chief executive of Air Partner, commented: “Savills and Air Partner are both market-leading businesses selling high value, high quality products and services to comparable clients through global offices. Both businesses share similar business cultures and are focused on attracting and retaining key staff. I am delighted that Aubrey has agreed to join Air Partner.”
Mr Adams, non-executive chairman designate of Air Partner commented: “Air Partner is a unique business, operating in a rapidly expanding sector and I am very much looking forward to participating in the future success of the business.”
Mr Mack, who will step down as chairman on 31st March 2008, joined Air Partner in 1970. During this time the Group has grown from one office with six employees and a turnover of less than £1 million, into a leading private aviation business with over 250 aviation professionals, across 23 offices, generating turnover in excess of £185 million per annum. Mr Mack, a significant shareholder in the Group will remain on the Group’s board as a non-executive director.
David Savile said: “I have worked with Tony for 25 years at Air Partner and we are all extremely proud of the huge contribution he has made to all aspects of the Company’s success. On behalf of everyone at Air Partner, I would like to thank him for his significant contribution as chairman and I look forward to his continued participation as a non-executive board director.”
There are no disclosures required under 9.6.13 of the Listing Rules of the Financial Services Authority in connection with his appointment as a non-executive chairman.
