FORT WORTH, Texas, May 24 /PRNewswire/ -- Today, the Board of Directors of
Worldwide Flight Services, the largest independent flight services company in
the world of aviation, accepted the resignation of Peter Pappas, Chairman and
CEO.
Pappas has served as CEO of Worldwide Flight Services, Inc. since 1999.
He came to Worldwide Flight Services with the purchase of AMR Services from
American Airlines by Castle Harlan Partners III. The Board cited the
dedication that Pappas has made over the past two years for Worldwide. Castle
Harlan's former and current industry holdings include companies such as,
Iontrac, Mag Aerospace, Smarte Carte, Commemorative Brands, Gravograph
Industrie International, Verdugt B.V. Group and Adobe Air, as well as Marie
Callender's Restaurant and Bakery.
Executive Chairman Brad Stanius will fill the responsibilities of CEO and
COO. Stanius served for three years as President and Chief Executive Officer
of Smarte Carte Inc., the largest international airport luggage cart and
locker services company. He still retains his position on the board of
directors of Smarte Carte. In addition, Brad has former experience as
founder, chairman and CEO of Pharmacy Network of Minnesota and as a former
member of the Minnesota House of Representatives
Worldwide Flight Services, Inc., owned by New York investment bank Castle
Harlan, Inc., is the world's leading independent provider of quality aviation
services for the aviation industry. The company currently provides cargo,
passenger, ramp handling and a variety of technical assistance services to
more than 300 airlines, carriers and airport authorities in 94 locations
around the world with 12,000 employees globally.
Worldwide also operates Oxford Airport Technical Services. For more
information about Worldwide Flight Services, Inc., visit
http://www.worldwideflight.com.
SOURCE Worldwide Flight Services, Inc.
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Related links:
http://www.worldwideflight.com
Company News On-Call:
http://www.prnewswire.com/comp/132179.html or fax,
800-758-5804, ext. 132179
CONTACT:
Kim Wiemuth, Director Corporate
Communications of Worldwide Flight Services, Inc., 817-665-3403,
or cell, 817-938-4047
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