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Milestone Aviation Group Limited (“Milestone”), a GE Capital
Aviation Services company (“GECAS”) and the global leader
in helicopter leasing, today announced that President Daniel
Rosenthal has been named President and Chief Executive
Officer, effective January 1, 2017. Richard Santulli, GE Officer
and Milestone Chairman, will leave GE but continue to serve
Milestone in an advisory capacity.
Rosenthal, 41, has spent most of his career in leadership
positions at some of the most innovative organizations in the
aviation industry. In 2009, he co-founded Milestone, the first
global helicopter leasing company. He previously spent four
years at NetJets, where he held various leadership roles.
“Dan has been an outstanding company president and a
strong leader since GE acquired Milestone in 2015, and this
appointment reflects the great value he continues to create
for Milestone and its partners,” said Alec Burger, President and
CEO of GECAS. “Milestone is the leader in helicopter financing
because of the dedication Dan and his entire talented
management team bring to their work serving customers and
partners around the world. As the global helicopter industry
application and claims
processes.
George Robbins, VP EMEA,
Commercial Solutions at BAE
Systems Applied Intelligence,
said:
“We will be working with NFU
Mutual to help it deliver on
its zero tolerance approach
to fraud and financial crime
by implementing faster
and more accurate fraud
detection, using the best data
at the right time in the right way.
“Many businesses work in silos, which often means teams
not only operate using different systems and technologies,
they also duplicate effort and costs. By consolidating NFU
Mutual’s operations into a single group fraud and financial
crime platform we can improve controls on financial crime
and fraud detection.
“The decision to work with BAE Systems came from a
recognition that we are able to provide a system that is
Milestone Aviation Names Daniel Rosenthal President and CEO
continues to evolve, I am confident that Dan and his team
have the skills and experience Milestone will need to continue
as the industry leader.”
Santulli, 72, is a visionary entrepreneur, businessman, and
founding father of two major aviation industries. In 1986, he
launched the first-ever fractional aircraft program, which he
later named NetJets, and in 2009 he left NetJets to co-found
Milestone.
“One of the greatest fortunes of my life was meeting
Richard Santulli nearly 13 years ago,” said Rosenthal. “It has
been an honor to learn from Rich both at NetJets and as
we built Milestone and established a critical new industry.
Rich is an industry icon and set the standard for all of us
at Milestone by creating a world-class culture for customers
and employees. Looking forward, we will always carry with
us his entrepreneurial spirit and dedication to providing our
customers with creative aircraft financing solutions through
unparalleled customer service. Beyond the business side, Rich
is a close confidante, mentor and friend, and I’m delighted
that he will continue as a Milestone advisor.”
proven within the insurance
industry and which can be
tailored towards the specific
needs required for NFU
Mutual. This, coupled with
BAE Systems extensive data
partnerships, enables us to
create a platform which
combines high quality
analytics and data sources
ultimately maximising value
for NFU Mutual.”
Steve Bower, Customer Services Director at NFU Mutual,
said:
“The partnership with BAE Systems will help us continue
to take a tough stance on fraud, while maintaining the
first class levels of customer service that our members
have come to expect. By embedding these new advanced
capabilities across claims, underwriting and financial crime,
we are tackling fraud more effectively and ultimately
providing greater value to our members.”
16 l New-Tech Magazine Europe