Trans-Pacific Aerospace Company, Inc. (OTC.BB: TPAC - News) announced today that it has appointed Kevin Gould, an aerospace veteran from Boeing, Adam Aircraft Industries and Piper Aircraft, to serve on its board of directors.
Kevin Gould served as President and CEO of airplane manufacturer Piper Aircraft since early 2009. During that time, the company doubled its market share, elevated spare parts fill rates by outsourcing their distribution to Aviall, successfully introduced the two-seat PiperSport by partnering with manufacturer Czech Sport Aircraft, overhauled and globalized its sales and distribution channel, initiated Facebook/YouTube/Twitter marketing programs, cut SG&A through innovative restructuring of its product liability risk management, and re-launched development of its PiperJet aircraft.
Prior to becoming CEO, Kevin Gould was VP of Operations at Piper from 2005-2009. As such, he was a member of the executive team that turned around and sold the company to a foreign sovereign wealth fund. During his tenure as VP of Operations, the company reorganized its manufacturing operations, increased on-time deliveries from 50% to 99%, reduced labor costs 20%, decreased material costs 10%, cut cycle times 50% (resulting in working capital reductions of $7m), and improved quality by 50%.
Previously, Kevin Gould was VP of Operations at startup aircraft manufacturer Adam Aircraft. There he set up production operations for the company's carbon fiber piston and jet airplanes. Before joining Adam Aircraft, Kevin acquired, turned around and sold healthcare documentation startup Clinicient which provides internet-based documentation and billing services to the physical therapy industry. Earlier, Kevin spent 12 years in various management and executive positions at Boeing, managing manufacturing, engineering, financial and facilities functions in the commercial aircraft division of the company. In his last assignment at Boeing, he formed and led the business unit that designed, manufactured and procured all wire harnesses and electrical components for the company's 777, 747, 767, 737 and 757 commercial aircraft. Prior to Boeing, Kevin spent 3 years managing production and finance functions at Hewlett-Packard's signal generator and radio frequency analyzer test division. He also spent 3 years as an attorney at a major Los Angeles law firm, practicing business and real estate law.