AerFin has appointed Simon Goodson as chief executive officer, replacing founder and current CEO Bob James.

James will remain invested in the business and transition to the role of non-executive director as part of the company’s agreed succession planning. Goodson, who previously served at engine maker Rolls-Royce, will join the business on 1 December, 2021.

“On behalf of the company and all shareholders, I would like to thank Bob James for his commitment and continued support in building the business from its inception to the well-respected, professional, aviation services provider that it is today,” said AerFin’s chairman Lucas Mollan. “The company has experienced significant growth under his leadership and his ongoing participation at board level is very much appreciated.

“The board welcomes Simon Goodson as CEO, strengthening the platform and preparing the business for further international expansion and growth. Simon Goodson has a wealth of experience gained through a career spanning the Royal Navy, asset backed finance, engine leasing and latterly Rolls Royce where he served in various roles, most recently as senior vice president – customer business, Civil Aerospace, heading up global sales for civil engines and services.”

Peter Ryttergaard, founding partner of Danish private equity firm CataCap, which acquired AerFin Holdings in October 2019, also thanked James “for his commitment and continued support at board level” and welcomed Goodson. “We consider the aviation aftermarket to be extremely attractive with strong underlying growth drivers,” he said. “We expect to see a strong recovery from the pandemic which will see airlines, OEMs and MROs seek to reduce costs and drive sustainable supply chain solutions around which our investment strategy has been developed.”