DAE Capital CEO departs; management of division to be consolidated
Dubai, U.A.E., 29 June 2011 – Dubai Aerospace Enterprise (DAE) Ltd. announced
today that the CEO of its Capital division, Mr. Robert Genise, had left the Company to
fulfill his desire to be involved in a more entrepreneurial venture. “We thank him for his
many contributions and wish him well in his endeavors,” said DAE Managing Director
Khalifa H. AlDaboos.
“We will take this opportunity to consolidate the management of this business in Dubai.
The business will report to the COO of DAE, and will be managed in a more integrated
manner with the rest of DAE. The bench strength of our management will allow us to
provide continuity of service to our global customers and suppliers,” added Khalifa
AlDaboos.
“Supported by our shareholders, DAE has built a successful aircraft leasing business
with clients in 14 countries and aircraft assets in excess of $2 billion. We are committed
to delivering excellence to our customers, suppliers and providers of credit,” added
Khalifa AlDaboos.
Dubai Aerospace Enterprise (DAE) Ltd is a globally recognized aerospace company
specializing in maintenance, repair and overhaul (MRO) services, aircraft completions
and aircraft leasing. The Company is headquartered in Dubai and operates in four
continents and employs over 4,000 people. More information can be found on the
company’s web site at http://www.dubaiaerospace.com./
Dubai, U.A.E., 29 June 2011 – Dubai Aerospace Enterprise (DAE) Ltd. announced
today that the CEO of its Capital division, Mr. Robert Genise, had left the Company to
fulfill his desire to be involved in a more entrepreneurial venture. “We thank him for his
many contributions and wish him well in his endeavors,” said DAE Managing Director
Khalifa H. AlDaboos.
“We will take this opportunity to consolidate the management of this business in Dubai.
The business will report to the COO of DAE, and will be managed in a more integrated
manner with the rest of DAE. The bench strength of our management will allow us to
provide continuity of service to our global customers and suppliers,” added Khalifa
AlDaboos.
“Supported by our shareholders, DAE has built a successful aircraft leasing business
with clients in 14 countries and aircraft assets in excess of $2 billion. We are committed
to delivering excellence to our customers, suppliers and providers of credit,” added
Khalifa AlDaboos.
Dubai Aerospace Enterprise (DAE) Ltd is a globally recognized aerospace company
specializing in maintenance, repair and overhaul (MRO) services, aircraft completions
and aircraft leasing. The Company is headquartered in Dubai and operates in four
continents and employs over 4,000 people. More information can be found on the
company’s web site at http://www.dubaiaerospace.com./
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