Dubai Aerospace Enterprise Announces Organization Changes: DAE Capital CEO Departs and Division Consolidated
Wednesday, 29 June 2011
Dubai, Dubai Aerospace Enterprise (DAE) Ltd. announced today that the CEO of its Capital division, Robert Genise, had left the Company" to fulfill his desire to be involved in a more entrepreneurial venture". 

DAE Managing Director Khalifa H. AlDaboos, said: “We thank him for his many contributions and wish him well in his endeavors. 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.

“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."

Dubai Aerospace Enterprise (DAE) Ltd is an 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.

Source: Dubai Aerospace Enterprise (DAE)