Dublin, 2nd July 2018 - Stellwagen Group has today announced two major appointments in their senior management. David Butler, the Group Chief Operating Officer will become the new Group Chief Executive Officer, and Douglas Brennan, the founder and current Group Chief Executive Officer of Stellwagen Group, will transition to the role of Executive Chairman. These appointments will take place with immediate effect. Scott Corman and Eugene O’Reilly will continue as the CEOs of Stellwagen’s two operating divisions, Stellwagen Capital and Seraph Aviation.

David Butler brings considerable business experience to this new role. He has a track record of success both within the company and prior to joining it. He has been serving the company as COO since October 2017. Prior to this, he served in a number of executive roles with mobile phone network provider Digicel for over a decade.

Progressing into the role of Executive Chairman, Douglas Brennan will continue to work closely with the Board and Management team on the Strategic direction of the company. He founded Aviation Finance Corporation, now Stellwagen Finance in 2013. He has guided the expansion of the operating and financial capability of the Group through the acquisition of Seraph Aviation and the founding of Stellwagen Capital, and Stellwagen Technology. He previously served as CEO of Ledyard Capital Management, a shipping investment company, and as CEO of Illington Fund Management.

Speaking about his new role, David Butler, Group CEO of Stellwagen Group said “I am delighted to be taking on the role of CEO. This is a challenging and exciting time for the aviation sector, and I look forward to helping to continue and develop Stellwagen’s track record of success. I also look forward to continuing to work closely with Douglas Brennan in his new role as Executive Chairman.”