SR Technics and Vietjet Air sign a Memorandum of Understanding worth US$150 million
SR Technics (SRT) Board of Directors announces the appointment of Jeremy Remacha, Senior Vice President from Mubadala Development Company, the shareholder of SRT, as its interim Chief Executive Officer, taking over from Andre Wall who has decided to take a new opportunity in the aviation industry.
Remacha and Wall have worked side-by-side for over six years as Remacha has played an active role in supporting the company and the Board as the Asset Manager. Wall will remain available to ensure a thorough and smooth transition for the employees and customers.
Speaking on behalf of the Board, Grant Skinner, Chairman of SRT, said, “We recognize Andre’s contributions to SR Technics, most recently building a great team and positioning the company for the future. Jeremy’s proven track record and management capabilities will further the company’s objectives to further develop SRT’s business while building on the quality of service to clients.”
Alongside his asset management role within Mubadala, Remacha also handled various merger and acquisition transactions and business development for the overall aerospace portfolio.
Before joining Mubadala, Remacha held a CEO level position in the MRO sector in Australasia. He has post graduate qualifications in Aerospace, Engineering and Management, and has significant regulatory experience.