Robert T. Morris Joins Willis Lease Board of Directors Filling Role of Resigning Board Member William M. LeRoy.SAUSALITO, Calif. -- Willis Lease Finance Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : WLFC), a leading lessor of commercial jet engines, today announced Robert T. Morris Robert T. Morris - The creator of the "Internet Worm" that wreaked havoc on many Internet systems for a day or two. Morris, the son of an NSA spook, did some jail time for releasing the worm. , President of Union Bank of California Union Bank of California is one of the 30 largest commercial banks in the United States. It has 327 branches, the majority of which are in San Diego, Los Angeles and Orange Counties. Leasing, has been elected to fill the Board of Directors seat vacated by William M. LeRoy, partner at BDO Seidman LLP, who is resigning from the Board after ten years of service due to the policy requirements of his firm. "We are delighted to welcome Bob Morris to our Board of Directors. His 26 years of experience in the leasing industry and his deep financial expertise make him an ideal successor to Bill LeRoy," said Charles F. Willis, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We are extremely grateful to Bill for the important contributions he made while serving on our Board over the past decade. His contributions to our success are significant, and we thank him for his service." "It has been a pleasure working with the directors and managers at Willis Lease. Over the past decade, the company's assets under lease have grown more than five-fold, and it has accomplished a number of ground-breaking transactions, including the introduction of leased jet engines as a new asset class to the securitization market," said LeRoy. "Willis Lease is one of the most respected companies in the jet engine leasing market, and I am very pleased to be joining the Board of Directors," said Morris. Morris joined Union Bank of California in 2004 to establish an innovative equipment leasing group. Prior to joining Union Bank of California, he was a consultant to more than 25 commercial banks for their equipment leasing operations over a 12 year period. He has also worked for Bank of San Francisco, Bank of Montreal “BMO” redirects here. For the mathematics competition, see British Mathematical Olympiad. Bank of Montreal/Banque de Montréal (TSX: BMO, NYSE: BMO) is Canada's fourth largest bank[1], and is classified as a Domestic Chartered Bank (Schedule I). and GATX Leasing Corporation. Morris holds a masters degree from the American Graduate School of International Management and a bachelors of arts degree from the University of Denver Background and rankings The University was founded in 1864 as Colorado Seminary by John Evans, the former Territorial Governor of Colorado, who had been appointed by US President Abraham Lincoln. with majors in Economics, Political Science and History. Willis Lease Finance Corporation leases spare commercial aircraft engines, parts, and aircraft to commercial airlines, aircraft engine manufacturers and maintenance, repair and overhaul Maintenance, Repair and Overhaul or MRO is a multi-billion dollar industry which works on international authorization rules to deliver a safe airline operation and to assure reliability and availability of customer fleets. providers. These leasing activities are integrated with the purchase and resale of used and refurbished commercial aircraft engines. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion