Group chief executive Nick Brown, who has been with Global Aerospace for 17 years and at the helm since 2009, is retiring. Replacing him come January is London-based Rachel Barrie, who came onboard in 2007 and most recently served as group chief underwriting officer.
“Rachel is the right choice to lead Global through its next phase of continued growth and drive the future strategy for the company,” stated Global Aerospace Underwriting Managers Ltd board chair John Wilkinson.
“Her deep market knowledge and expertise give the board full confidence that she will continue to provide dynamic leadership for our customers, employees, pool members, and shareholders.”
Meanwhile Brown said it’s been a privilege serving as CEO of the UK-headquartered aerospace insurance provider.
The outgoing boss declared: “I want to offer my sincere thanks to my colleagues whose hard work and dedication have allowed us to deliver on our commitments to our customers. I have worked with Rachel for many years and am confident she will be an excellent leader.”
His successor likewise expressed gratitude for Brown’s “eminent leadership,” as well as for the board’s confidence in Barrie as she steps into the role.
“I am honoured and enthusiastic to have the opportunity to work with our talented team around the world and to serve our stakeholders to the highest level,” commented the incoming chief, whose appointment is subject to regulatory approval and is effective on January 01, 2022.
With a workforce of more than 300 people, Global Aerospace also has offices in Canada, France, Germany, Switzerland, and the US.
Wilkinson noted: “Nick has played an integral and pivotal role in guiding Global Aerospace. The company owes a huge debt of gratitude to him, and we respect his personal decision to retire.
“We thank him for his steadfast leadership and for developing a team that is poised to continue its future success. We wish him all the best for the future.”