Former Air Transport Consultant Specializing In Financial
Analysis
Wayfarer Aviation announced Monday that Craig Acton has been
named Chief Financial Officer, reporting to Bill Koch, CEO. Acton
will be based in Purchase, NY at the corporate Headquarters. With
Principal Base of Operations in Weymouth, MA, Wayfarer is a premier
aircraft management and charter firm of various aircraft types
ranging from Gulfstream, Global Express, Falcon, Challenger,
Learjet, Hawker-Beechcraft, and Cessna.
Acton comes to Wayfarer from Atlas Air Worldwide Holdings where
he was Director and Divisional Controller of Flight and System
Operations. He was
responsible for the financial close process, budgeting,
forecasting, and performance evaluation of the divisions. In
addition, Mr. Acton provided business and operational intelligence
to support the company’s strategic initiatives. In a prior
position held at Atlas Air, Acton was Director of Asset Management
and Operational Reporting in the Technical Operations division. In
that role, he was responsible for the strategic acquisition,
disposal and management of the company’s spare parts
inventory.
"Craig Acton complements the senior management team at Wayfarer
with a very bright mind, solid experience, and the kind of 'can-do'
energy that characterizes the Wayfarer organization,” said
Bill Koch, CEO of Wayfarer Aviation. “Craig's leadership of
the Finance and Accounting groups will further enhance Wayfarer's
management service offerings, providing the industry's highest
standards of service quality and integrity. We will value his
contributions in this key role as Wayfarer's CFO."
Before joining Atlas Air, Acton worked as a consultant for the
largest consulting firm dedicated to the air transport industry.
There he provided a wide range of management consulting services
assisting clients in financial analysis and planning, valuations,
business plans, start-ups and industry/economic analysis. Mr. Acton
began his career as an auditor for Ernst & Young's Audit &
Advisory Business Services group.
“Wayfarer has quickly established itself as an industry
leader by delivering unparalleled value to our customers that
offers them turnkey solutions to achieve their goals and
objectives,” said Craig Acton, Chief Financial Officer for
Wayfarer Aviation. “It is all about performance, providing
our customers with superior service and an exceptional experience
– this is what differentiates us from our competitors.”
Acton received a Bachelors of Science in Economics from John
Carroll University and a Masters of Science in Accountancy from the
University of Notre Dame.
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