Irish operating lessor has named Ross O’Connor as its new chief financial officer, replacing Andy Cronin who moved to the chief executive officer (CEO) role in the summer.
O’Connor was Avolon’s head of capital markets from 2021, with responsibility for leading the lessor’s capital markets and fundraising strategy and initiatives. This included managing Avolon’s investor relations and rating agency management activities, as well as Avolon’s global bank relationships. He joined Avolon in 2011 and held various roles throughout the organisation, including positions in the aircraft trading and the capital markets teams, as well as head of investor relations.
He started his career at Deloitte as an analyst in the CFO services team in September 2005 and was promoted to consultant and subsequently to senior consultant roles.
Avolon also announced the appointment of Jim Morrison, Avolon’s current head of portfolio management, as its new chief risk officer. Morrison joined Avolon in 2017 as a member of the OEM team. He has over 15 years of aviation industry experience with leasing, manufacturing, research, and technology organisations.
Prior to joining Avolon, Morrison held airline marketing, aircraft evaluation, market analysis, and product strategy roles with CIT Aerospace and Bombardier Commercial Aircraft.
The lessor also announced the nomination of Felipe Campos as chief operating officer. Campos joined Avolon in April 2016 and was Avolon’s chief technical officer since 2021. In this role, he led all technical aspects of the business including lease transactions, new aircraft deliveries and oversight of delivered aircraft while on lease.
Prior to joining Avolon, Campos held a variety of roles across the aviation industry including GE Aviation and LATAM and TAM airlines, where he was responsible for marketing, aircraft financing, leasing, fleet planning, engines, and supply chain contracts.
All three will also join Avolon’s executive committee which includes Andy Cronin (CEO), Paul Geaney (president and chief commercial officer) and Ciara Ruane (chief people officer).
Following a successful transition period, outgoing CEO Domhnal Slattery stepped down from his role on 1 October, to be succeeded by Andy Cronin.
“Today’s appointments further strengthen our leadership team and position us as an industry leader. The appointment of Ross, Felipe, and Jim, directly from our senior management team, underlines the strength and depth of the people within our business. All three have the experience, proven leadership qualities and deep industry expertise to excel in their roles and make a significant, positive contribution on the next stage in Avolon’s journey," commented Cronin.