Embraer appoints new Executive Jets CEO

Embraer has appointed Michael Amalfitano as the President and CEO of its Executive Jets business unit, the company said.

Amalfitano will succeed Marco Tulio Pellegrini, who will assume another leadership position to be announced soon. The change will become effective as of March 1st 2017.

Amalfitano brings 35 years of experience in corporate aircraft finance, having held several global leadership positions with equipment leasing companies such as Stonebriar Commercial Finance, Banc of America Leasing, Fleet Capital, and GE Capital.

Embraer is a global company headquartered in Brazil with businesses in commercial and executive aviation, defense & security. The company designs, develops, manufactures and markets aircraft and systems, providing customer support and services.

Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. The company, a manufacturer of commercial jets up to 130 seats, maintains industrial units, offices, service and parts distribution centers, among other activities, across the Americas, Africa, Asia, and Europe.