Etihad Aviation Group appointed former chief financial officer of US carrier JetBlue as its new finance chief, the airline announced today.
Mark Powers, who has also held senior positions with US airlines Northwest Airlines and Continental Airlines, as well as aircraft engine suppliers GE Aviation, will join Etihad as chief financial officer this month.
The Abu Dhabi airline said Powers will be responsible for the finance function across the Abu Dhabi-based group’s five divisions - Etihad Airways, Etihad Airways Engineering, Etihad Airport Services, Hala Group and Airline Equity Partners.
“We are delighted that Mark will be joining the executive leadership team at Etihad Aviation Group,” said Tony Douglas, group CEO of Etihad Aviation Group, who officially assumed his role on January 3.
“His corporate finance knowledge of aviation is unrivalled and he is extremely familiar with the challenges and opportunities that face our industry. The Etihad Aviation Group Board believes Mark and the wider finance team will play a pivotal role in helping to guide Etihad onto the next stage of its development,” he added.
Etihad said Powers will report directly to Douglas. Ricky Thirion, who has been interim group CFO since former finance chief James Rigney left in July 2017, will resume his position as group treasurer.
Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.