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Doug Kitani is an American executive currently working as Chief Executive Officer (CEO) for aerospace manufacturing and aviation service provider Erickson Inc.
Doug Kitani | |
|---|---|
| Born | Douglas Lester Kitani[1] |
| Nationality | American |
| Education | Emory University United States Military Academy |
| Occupation | CEO Erickson Inc. |
| Term | September 2017– Present |
Kitani earned his BS degree from the U.S. Military Academy at West Point in 1993 and an MBA degree in finance from Goizueta Business School at Emory University.[1][2] He completed 11 years of active and reserve service in the United States Army. He served as a helicopter pilot and officer qualified to fly Bell UH-1 Iroquois, OH-58 Kiowa Warrior, and Sikorsky UH-60 Black Hawk helicopters.[3]
Following his service, Kitani went on to working in finance and private equity. He began his career at GE Capital, the finance division of General Electric.[4] Following his time at GE Capital he was a Principal and Senior Direct Investment Professional of the Quadrant Capital Group. He moved on to hold investment banking positions at JP Morgan H&Q as well as SG Cowen.[5] In 2003 he became Director of Alternative Investments at Fortune 500 company Honeywell International. He oversaw Honeywell's $23 billion pension fund and was responsible for the $1 billion alternative asset investment program.[6] Following his time at Honeywell Kitani co-founded his own private equity firm, Calder Capital Partners, with backing from Allied Capital and Goldman Sachs.[7]
After working at General Partner at Calder Capital Partners Kitani transitioned into the defense contractor and aerospace industry when he accepted a position to lead mergers and acquisitions at DynCorp International.[8] Following that he spent a year as Executive Vice President and Chief Finance Officer at Aircraft Owners and Pilots Association (AOPA) before returning to DynCorp as Head of Portfolio Strategies for Aerospace and Defense.[9][10] He went on to become CEO of IAP Worldwide Services.
In 2017 Kitani became CEO of Erickson Inc.[11] Erickson then began a partnership with Ramco Aviation software to improve their MRO operations and delivered two newly manufactured S-64 Air Crane helicopters to the Korea Forest Service.[12][13][14] Also during Kitani's tenure Erickson announced a new line of Air Crane helicopters, the S-64F+, an agreement with Sikorsky focused on developing nighttime firefighting technology, and that the FAA had certified the designs for new composite main rotor blades.[15][16]
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