4 September 2019: TrueNoord has appointed Julien Millet as the Chief Financial Officer ("CFO"). He was originally acting as interim CFO, Millet took up this new position earlier this year, however he has worked closely with the Company since 2016 from an investor and Board perspective in his previous role at Bregal Freshstream, one of TrueNoord's cornerstone investors.
Anne-Bart Tieleman, CEO, TrueNoord said, "Julien was not only the logical choice due to his pertinent recent experience and excellent relationships with the management team, but also I believe he brings a commercial acuity and understanding of deal dynamics that will strengthen TrueNoord as our fleet portfolio and global footprint grows. He has demonstrated the ability to embrace the bigger global picture whilst understanding the investment needs of a growing business."
Julien Millet said, "The business is embarking upon an exciting journey in terms of the expanding fleet of Embraer, Bombardier/Mitsubishi, ATR and Airbus aircraft, and also in relation to the burgeoning team and offices worldwide" he says. "This is a multifaceted task which covers normal CFO responsibilities alongside deep involvement with a truly global spread of customers. We're closing an increasing number of deals/transactions with intricate balance sheet management involving complex debt finance, hedging and risk management strategies."