Global Jet Capital (GJC), the business aircraft financing specialist founded in 2014, has rounded out its leadership team with several new additions. The company recently hired GE veteran Dave Labrozzi as COO and Vivek Kaushal, who has more than two decades in credit and risk management, to serve as chief risk officer. Kaushal is another former GE executive, previously serving as chief risk officer for GE Capital's Corporate Aviation Finance business in the Americas.
Also joining the firm are Lisa McCarthy as general counsel and Jim Noonan as senior managing director of corporate development. McCarthy, who also joins GJC from GE Capital, has eight years of experience financing corporate aircraft and more than 20 years in lease financing transactions. Noonan brings another 20 years of business and financial management experience, previously holding positions with Hawker Beechcraft, Standard Aero, Landmark Aviation, ONI Systems, Oracle and Citibank.
The company said the appointments will position the company to expand globally, and that it continues to recruit in Europe, Asia and the Middle East. They also come on the heels of the company’s acquisition of GE Capital’s corporate aircraft leasing and loan book in the Americas.
“I’m delighted to be announcing the appointment of the senior leadership team as we enter into the next phase of Global Jet Capital’s strategic growth plan,” said GJC executive director Shawn Vick. GJC now has $2.5 billion in assets under management and capacity to lend another $1 billion.