The 30-year aviation business veteran, Michael (Mike) Scot, will begin with the airline’s govt group on June 13, 2023.

The WestJet Group at present introduced Michael (Mike) Scott to the function of WestJet Group Govt Vice-President and Chief Monetary Officer. The 30-year aviation business veteran will begin with the airline’s govt group on June 13, 2023.

Scott’s long-established profession with StandardAero, included greater than 13 years as Chief Monetary Officer and Treasurer. There he led large progress with income will increase of greater than 300 per cent, whereas delivering a 400 per cent improve in profitability via a mixture of natural progress, price administration and synergistic mergers and acquisitions (M&A). Prior, he held quite a lot of senior stage roles throughout the group. As well as, all through his tenure as CFO, Mike efficiently labored with three completely different non-public fairness sponsors.

“Mike brings a wealth of economic management expertise and a notable observe document to our group,” stated Alexis von Hoensbroech, WestJet Group Chief Govt Officer. “We’re a 12 months into efficiently executing on the WestJet Group’s technique to resume a long-standing observe document of profitability, as we get again to our low-cost roots in service of protected, dependable and reasonably priced journey for Canadians. We’re thrilled to welcome Mike at this pivotal time, as we proceed our subsequent thrilling progress chapter on the WestJet Group.”

With experience in asset and capital administration, investor relations and M&A realization, Mike will oversee all monetary administration of the WestJet Group. This contains Accounting and Monetary Reporting, Planning and Evaluation, Treasury, Tax, Procurement, Provide Chain, Actual Property and Cost Companies groups.

“The WestJet Group’s longstanding fame as a number one low-cost and leisure airline and new strategic deal with returning again to its roots are just some of the various causes I’m thrilled to affix this Canadian aviation success story,” stated Mike Scott. “By means of its exceptional place as Canada’s main trip provider and residential airline to Western Canada, the WestJet Group is in a singular place to efficiently develop its enterprise and produce extra accessible air journey to Canadians than ever earlier than.”

A local of Winnipeg, Mike has his Chartered Skilled Accountant (CPA, CMA) designation and is a Fellow Chartered Skilled Accountant (FCPA, FCMA) and lately served on the board for the Manitoba Aerospace Affiliation.

Jenn Bue who has been serving as interim CFO of the WestJet Group for the final 5 months will now transition to the function of Senior Vice President, Finance & Deputy Chief Monetary Officer reporting on to Mike.