HOLLYWOOD, Fla., Sept. 18, 2013 (GLOBE NEWSWIRE) -- HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) announced today the appointment of Alexandre (Alex) de Gunten to the new position of Business Development Officer (BDO) of its Flight Support Group (FSG) to further strengthen HEICO's relationships with the leading global airlines.
De Gunten is a seasoned aviation industry executive, who brings a wealth of experience with senior aviation executives over a long and successful career. De Gunten, together with the rest of the HEICO team, will play a critical role in the organization's success by expanding product offerings, solutions, and services to the airline industry and will be a valuable resource as HEICO continues to pursue acquisitions for FSG. De Gunten will work with 155 sales professionals in five separate sales teams to ensure the distinct focus required to sell Flight Support Group's PMA, OEM and DER Repair, Defense, and Distribution products and services. Eric Mendelson, Co-President of HEICO commented, "Alex is an accomplished, highly respected industry executive with the breadth and depth of experience we need to help lead our business. We are proud to welcome Alex to the HEICO family. His reputation as a hands-on, energetic leader and team player makes him a perfect fit for HEICO."
Remarking on its latest leadership addition, HEICO's Chairman and Chief Executive Officer, Laurans A. Mendelson, added, "We are building the best organization possible to ensure we not only meet, but surpass the needs and expectations of our customers and shareholders. We are very pleased and proud to continue to attract and retain the highest level of executives to achieve this goal. Since 1990, HEICO, through its leadership team, over 3,400 dedicated Team Members, and supported by an outstanding Board of Directors, has achieved a compounded annual growth rate of sales, earnings and stock price of approximately 20%. We welcome Alex to this great team as we continue to pursue and achieve our strategic growth objectives in the future."
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