Marc Bourgade will become the CEO of Aviation Finance Company on March 15, while current CEO Douglas Brennan will continue to serve as chairman and CEO of the Stellwagen Group, the parent of AFC. Bourgade also will join the company’s Group Executive Committee.

“Doug and the management teams of AFC and Seraph have been working closely to ensure a seamless succession process,” said Eugene O’Reilly, a director of the AFC Board. “We are delighted that Marc Bourgade will take the mantle as CEO as we continue to build our premier franchises in investment banking as well as aircraft sales and trading, grow market share and deliver value for our clients, business partners and shareholders.”

During the past two decades, Bourgade has worked in virtually every aspect of banking, particularly in the field of aviation financial services. He joins AFC from Natixis, where he served as head of sectors and clients for Aviation, Exports and Infrastructure and was one of the key architects of Natixis Aviation. Bourgade completed over $15 billion of transactions and has won over 20 awards, including Aviation House of the Year and other recognitions for his innovation. Prior to that, Bourgade served as managing director of Aircraft Finance and acted as CFO of Natixis Transport Finance Bank.

“In Marc Bourgade, we found an outstanding leader for AFC with a proven track record of building outstanding teams, executing winning strategies and growing profitable businesses,” Brennan said. “Succession has been a top priority for me since I started the business, and I am confident that Marc and Eugene are the right leaders to propel us forward into a mature enterprise. I am excited about this next phase of growth for AFC.”