Etihad Aviation Group (EAG) has appointed Mark Powers as its new group chief financial officer. Joining the group from Tulane University’s A.B. Freeman School of Business, where he served as the Professor of Finance, Powers will be responsible for the finance function across the Abu Dhabi-based group’s five divisions.
Prior to his tenure at Tulane University, EAG’s new CFO held a number of high-profile positions with Northwest Airlines and Continental Airlines. Additionally, he also served as the director of GE’s Customer Finance and Commercial Engine Programs.
“I am looking forward to joining Etihad Aviation Group and taking on this unique opportunity to lead the financial development of the group’s divisions at this exciting moment in its history,” commented Powers on his appointment.
Powers is expected to report directly to Tony Douglas, group chief executive officer of Etihad Aviation Group.
“We are delighted that Mark will be joining the executive leadership team at Etihad Aviation Group. His corporate finance knowledge of aviation is unrivalled and he is extremely familiar with the challenges and opportunities that face our industry,” commented Douglas.
“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.”