Air Lease Corporation announced today its Board of Directors has appointed John L. Plueger as Chief Executive Officer and President effective July 1, 2016. Steven Udvar-Házy will assume the role of Executive Chairman of the Board on July 1, 2016, a full-time officer role.

Mr. Plueger joined ALC as its President and Chief Operating Officer and member of its Board of Directors in March 2010, shortly after the Company was formed. Mr. Plueger has more than 30 years of aviation industry and aircraft leasing experience, 24 of which were with International Lease Finance Corporation.

“John and I have worked together for over 30 years and I am extremely proud of what we have accomplished in six short years at ALC and look forward to continuing to partner with John in my new role as Executive Chairman,” said Steven Udvar-Házy.

In addition, the Board of Directors has promoted Gregory Willis to Executive Vice President and Chief Financial Officer from Senior Vice President and Chief Financial Officer effective July 1, 2016. Mr. Willis joined ALC in March 2010 as its Vice President Finance and Chief Accounting Officer. In February 2012, he became its Senior Vice President and Chief Financial Officer.