Willis Lease Finance announced Scott B. Flaherty is joining the company as senior vice president and chief financial officer beginning June 6, 2016.

“Scott brings a broad finance and capital markets background to Willis Lease, as well as historical aircraft engine OEM experience,” said Charles F. Willis, chairman and CEO. “His previous experience as a CFO and deep banking skill set will be excellent additions to the Willis Lease platform.”

Prior to joining Willis Lease, Flaherty held the position of senior vice president of Finance and chief financial officer at Colt Defense, where he was employed from May 2009 to March 2016.

Prior to joining Colt Defense, Flaherty was a managing director at Banc of America Securities where he ran the origination effort, within the equity capital markets group, for various industries. Prior to joining Banc of America Securities in 2001, Flaherty was an investment banker at Credit Suisse First Boston. He worked as an engineer at the Pratt and Whitney division of the United Technologies Corporation from 1987 to 1995.

“We are excited to have Scott join our team,” said Brian R. Hole, president. “Like many members of our senior management, Scott has deep experience in a variety of areas that are core to our business, and we think this will allow him to contribute immediately to our efforts to deliver creative, value-added solutions for our customers.”

“I look forward to joining a great management team at Willis Lease and leveraging my background to contribute to the continued growth of the company’s leading platform,” Flaherty said.