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Sat, Mar 16, 2019

Chorus Aviation Announces Executive Realignment

Moves Support Carrier's Growth And Diversification Strategies

Chorus Aviation has announced executive appointments to support its growth and diversification strategies. These appointments provide the expertise and focus required to further strengthen Chorus and build on the positive momentum achieved in its quest to bring regional aviation services to the world.

"I'm very pleased to make these appointments from within our highly experienced and skilled team," stated Joe Randell, president and Chief Executive Officer, Chorus. "These underscore the significant contributions these individuals have made to strengthening and growing our organization. By maintaining the continuity of our core senior executive team, we will leverage and draw on their collective expertise and knowledge of this industry. We are well positioned for the future and will benefit from strong succession planning. The chief executives, including Steve Ridolfi, president, Chorus Aviation Capital, will report to me."

"I take this opportunity to recognize Rick Flynn who has been instrumental in building our company. Rick has been with us for over 30 years, and it is with mixed feelings that I announce his retirement from Chorus effective May 8, 2019. He has made a tremendous contribution and is highly respected in the industry," continued Mr. Randell.

Jolene Mahody – appointed EVP and Chief Strategy Officer

Ms. Mahody currently serves as Executive vice president and Chief Financial Officer and has been with the company for 27 years. In this new role, she retains responsibility for investor relations, and will also be responsible for strategic and corporate planning, mergers and acquisitions, government and community relations, marketing, corporate communications, corporate human resources and culture. Ms. Mahody's new role is effective May 8, 2019.

Colin Copp – appointed Chief Operating Officer and president, Chorus Aviation Services

Mr. Copp is currently the president of Jazz and has been with the company for 30 years. In addition to being the lead executive responsible for Chorus' relationship with Air Canada, he'll also oversee all of the Chorus aviation services with the exception of aircraft leasing which will continue to be led by Mr. Ridolfi. In this new role, Mr. Copp will also lead the development of new commercial opportunities to grow the contract flying, parts provisioning and maintenance functions at Jazz and Voyageur. Mr. Copp will leverage the technical expertise within Jazz and Voyageur to bolster these lines of revenue and to support Chorus Aviation Capital. Scott Tapson, president of Voyageur and Randolph deGooyer, the newly appointed president of Jazz Aviation, will report to Mr. Copp who's appointment is effective today.

Dennis Lopes – appointed Senior vice president, Chief Legal Officer and Corporate Secretary

Mr. Lopes is currently the Senior vice president, General Counsel and Corporate Secretary, and has been with Chorus for almost three years. Mr. Lopes has been instrumental in supporting the growth of our regional aircraft leasing business and execution of our corporate finance initiatives. He will continue to be responsible for the legal affairs of Chorus and its subsidiaries in addition to his responsibilities as Corporate Secretary. The change in Mr. Lopes' title is effective today.

Gary Osborne – appointed Chief Financial Officer

Mr. Osborne is currently the vice president, Finance and Business Services at Jazz, and will succeed Jolene Mahody as Chief Financial Officer. Mr. Osborne has been with the company 14 years and will have responsibility for Chorus' overall financial strategic direction comprising of financial reporting and planning, treasury, taxation, and internal audit. Over the next several months Ms. Mahody will work with Mr. Osborne to ensure a smooth transition to his new role which is effective May 8, 2019.

Randolph deGooyer – appointed president, Jazz

Mr. deGooyer is currently the vice president, Commercial Services at Jazz, and will succeed Colin Copp as president of Jazz. Mr. deGooyer has been with Jazz for nine years and will assume responsibility for the operation and administration of the company and will report to Mr. Copp. Mr. Copp will remain the Accountable Executive to Transport Canada until the transition period is completed.

Biographies are provided on the Chorus website.

(Source: Chorus Aviation news release)

FMI: www.chorusaviation.ca

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