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Electra appoints former Boeing, Airbus executives and aircraft finance leader to its board

Electra has announced the appointment of James F. Albaugh and Allan McArtor to its Board of Advisors, and Kirsten Bartok Touw to the company’s Board of Directors. The company reports they will join existing board members Paul Kaminski, General (Ret.) Bryan “Doug” Brown, Peter Joseph, and Laura O’Neill Ott in guiding Electra on its mission to help decarbonise aviation and open new air transportation markets with Electra’s hybrid-electric, ultra-short takeoff and landing (eSTOL) aircraft.

According to the press release

“James F. Albaugh retired as Executive Vice President of the Boeing Company and President and CEO of Boeing Commercial Airplanes in 2012. He also served as President of Rocketdyne Propulsion & Power, President of Boeing Space and Communications, and President of Boeing Integrated Defense Systems. Albaugh is the current Chairman of the National Aeronautics Association, a member of the National Academy of Engineering, and past President of the AIAA.

“Allan McArtor is the former Chairman of Airbus Americas, where he served from 2001-2018. Previously, McArtor was Administrator of the FAA (1987-89), founder and CEO of Legend Airlines, and the member of the senior management team at Federal Express who launched their air operations. McArtor served as a decorated fighter pilot in Vietnam, and later flew as a USAF Thunderbird pilot.

“Kirsten Bartok Touw is the co-founder and managing partner of AirFinance, which specialises in structured finance, leasing, and the financing of aircraft, with emphasis on emerging markets. She is also the co-founder and managing partner of New Vista Capital, the investment firm focused on aerospace, space, and national security technologies. She previously served as Vice President, Strategy, Structured Finance & Corporate Development at Hawker Beechcraft Corporation (HBC), and was a co-founder, board member and CFO of XOJET, one of the top business jet airlines in the U.S. Earlier, Bartok Touw worked in private equity, venture capital, investment banking and capital markets with Alpine Investors, JPMorgan Partners, and Goldman, Sachs & Co.”

For more information


(Image: Electra Aero)

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