Mon, Aug 06, 2007
Another Step In Transition To Full-Fledged Aircraft
Manufacturer
The Board of Directors of
Adam Aircraft announced Monday John D. Wolf has been named company
Chairman and CEO effective immediately. Wolf (right), along with
President Duncan Koerbel, joined Adam Aircraft in February to help
achieve FAA Type Certification of the A700 as well as build up
Adam's manufacturing capabilities to support full-scale
production.
Adam Aircraft says the new leadership change helps move the
company from a start up, to what it intends to become -- one of the
country's premier developer and manufacturer of Part 23
aircraft.
Saying the leadership change is another step in that transition,
the Adam Aircraft Board praised founder Rick Adam for creating
an innovative company.
"Rick's entrepreneurial spirit and vision was the driving force
that put Adam Aircraft on the map. We are indebted to his efforts
over the past nine years as he grew the company from one employee
to over 700 employees currently working at Adam Aircraft. We wish
him the best as he pursues his next entrepreneurial adventure," the
company said.
As ANN reported in February,
Wolf began his career in various engineering and project management
positions on missiles and space projects in McDonnell Douglas
Astronautics Company in St. Louis, Missouri. He was named Vice
President, General Manager of McDonnell Douglas Electronics Company
and then Executive Vice President of McDonnell Aircraft Company.
Wolf became Sr. Vice President of Douglas Aircraft Company in 1989
and was responsible for program management of various commercial
aircraft and launch of the MD-95, now the Boeing 717.
"Adam Aircraft is moving consistently toward a complete A700
Type Certificate in 2008," said Wolf. "I look forward to working
with the Board, our investors, executive team and our employees to
continue to significantly improve the span time, cost and quality
of the production process as well as strengthening our relationship
with our suppliers. We have an ideal all-composite platform for
product line expansion. The company is going to move to high rate
production of the A500, be ready to accelerate deliveries of Adam's
substantial backlog of A700's, and provide comprehensive customer
support to our customers."
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