Willis Lease Finance Corporation (NASDAQ: WLFC) has announced the appointment of Z. Clifton Dameron as the new Senior Vice President, General Counsel, and Corporate Secretary, effective immediately. Dameron will be taking over from Dean M. Poulakidas, who has stepped down from the role to pursue other opportunities. Dameron, who joined WLFC in 2024, brings an extensive background in aviation and general corporate law, having previously served as Chief Legal Officer at Carlyle Aviation Partners and held roles at other prominent firms.
Under Dameron's leadership, the company aims to continue its strong performance in the aviation leasing and innovation market. Notably, WLFC leases large and regional spare commercial aircraft engines, auxiliary power units, and aircraft to various stakeholders in the aviation industry, integrating these activities with engine and aircraft trading, engine lease pools, and asset management services.
Moreover, the company also provides various end-of-life solutions for engines and aviation materials through its subsidiaries, including Willis Asset Management Limited, Willis Engine Repair Center, Jet Centre by Willis, and Willis Aviation Services Limited. Additionally, Willis Sustainable Fuels is focused on developing, building, and operating projects aimed at decarbonizing aviation.
The change in leadership comes at a time when WLFC continues to be a leading lessor of commercial aircraft engines and a global provider of aviation services. The company's continued emphasis on innovation and market opportunities is reflected in its expansion and development of projects to address the evolving needs of the aviation industry. As a result of these announcements, the company's shares have moved -1.36% on the market, and are now trading at a price of $138.27. Check out the company's full 8-K submission here.
