Jet Aviation is looking for an executive to fill its top U.S. position permanently after Terrance Kelley stepped down in late February as president and COO of the aircraft charter, management and service company’s U.S. operations.
Meanwhile, Theo Staub, v-p of strategic planning and business development at Jet Aviation’s European headquarters in Zurich, is serving as interim COO. A company statement said Kelley, who was with Jet Aviation for more than nine years, left to “pursue other opportunities.” There was no elaboration, but his departure came one month after Jet Aviation announced it was abandoning its long-time effort to sell the company.
Staub joined Jet Aviation in 1992 as v-p and general manager of Jet Aviation Business Jets and was responsible for charter and aircraft management before becoming v-p of strategic planning and business development for Europe, the Middle East and Far East in 1999.
After several months of “intensive negotiations” Jet Aviation threw in the towel earlier this year on trying to find a buyer for the company. The company said at the time that “shareholders of Hirschmann Industrial Holding have determined that retaining full ownership of Jet Aviation is the best course of action for driving the company’s growth in the decades to come.”
Jet Aviation was formed in Switzerland in 1967 by the Hirschmann family, expanding into a company offering aircraft charter, management, line service, maintenance and outfitting.