Air Lease Corporation announced that Executive Chairman Steven Udvar-Házy will retire from his current role on May 2, 2025, following the company’s 2025 Annual Meeting of Stockholders. Mr. Udvar-Házy, who founded Air Lease in 2010, will continue to serve on the Board of Directors as non-executive Chairman until the 2026 annual meeting.
During his tenure, Mr. Udvar-Házy oversaw significant growth, fostered deep customer relationships, and built a valuable portfolio with over $32 billion in total assets. His career in aviation spans 60 years, and he played a critical role in the inception of the aircraft leasing industry.
CEO and President John Plueger acknowledged Mr. Udvar-Házy's invaluable knowledge and customer-centric ethos embedded within the company. The planned transition aims to ensure continuity in leadership and strategic direction, leveraging the existing executive team's experience.
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