Wings Capital Partners announced R. Stephen Hannahs, chairman and CEO will retire effective June 30.

“Through headwinds and tailwinds in the aviation industry, over many decades Steve has been an incredible leader, entrepreneur, and mentor,” Nick Stable, chief legal and administrative officer of Wings, said. “The Wings team congratulates him on an exemplary career and is proud to have been by his side as he nurtured and grew Wings to become the business it is today, a successful platform with a dedicated, hard-working team of individuals, past and current.”

Hannahs founded Wings in 2013 and has since led the company as its chairman and CEO. Prior to founding Wings, Hannahs co-founded Aviation Capital Group (ACG) in 1989 and served as CEO until 2012. Prior to ACG, Hannahs held executive roles at Electra Aviation, Integrated Resources, and Tanon Corporation, among others. He began his aviation career as an officer in the United States Air Force.