Signature Flight Support appointed Sami Teittinen as CFO today. In his new role he will be responsible for strategic planning and management of all financially related activities of the company, including business development. Teittinen comes from Signature sister company Aircraft Service International (ASIG), where he was CFO and led the company through several acquisitions, finance department restructuring and infrastructure reinvestments. He is based at Signature’s headquarters in Orlando, Fla., and will report to company president Michael Scheeringa.
James Bell, Boeing executive vice president, corporate president and CFO, has announced plans to retire from the company, effective April 1, 2012. Boeing’s board has elected Greg Smith, 45, corporate controller and finance vice president, to succeed Bell as executive vice president and CFO, effective Feb. 1, 2012. Boeing said the two will work together over the coming months to ensure a smooth transition.