Champion Air Names Stephen M. Spellman President & CEO.Business Editors BLOOMINGTON, Minn.--(BUSINESS WIRE)--Jan. 31, 2003 Champion Air, the largest provider of dedicated aviation charter service in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , announced today that Stephen M. Spellman has been named president and chief executive officer effective immediately. He succeeds Mike Gerend who has resigned to take a position outside the industry. "Champion Air is a tremendous company because of the people who are its heart and soul," said Spellman. "We will continue our focus on a product built upon the highest levels of safety, reliability and customer service. We have an enviable en·vi·a·ble adj. So desirable as to arouse envy: "the enviable English quality of being able to be mute without unrest" Henry James. record of accomplishment in a demanding, competitive industry; I am honored to have the opportunity to lead the company as we build upon that record." Spellman previously served as Champion's vice president & chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , a position he had held since 1999. Spellman joined Champion Air in April 1997 as vice president & chief financial officer. Spellman's prior aviation experience also includes six years at Northwest Airlines, Inc. where he was responsible for financial analysis, aircraft leasing, and other corporate finance projects while working in the Financial Planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against and Treasury divisions. Spellman was also employed as a senior auditor by Ernst & Whinney (now Ernst & Young) and is a licensed Certified Public Accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. . |
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