Adam Aircraft Adds To Senior Management, Board

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Adam Aircraft this week announced appointing Duncan "Dunc" B. Koerbel as its new president while naming industry veteran John Wolf to its board of directors. Koerbel replaces Joe Walker, who will remain at the company in a consulting role. In his new position, Koerbel will report to company Founder, Chairman and CEO Rick Adam through Wolf, who was also named lead director and board liaison. Koerbel comes to Adam Aircraft from Bombardier Aerospace, where he led the Global Express program, and from Lockheed Martin, among others. "This is great news for Adam Aircraft as we continue to make the transition from a development to a production company. Dunc adds extensive aircraft manufacturing experience to our team and will help accelerate our A700 certification and ramp up our manufacturing operation in moving the company forward," noted Rick Adam.

As Bombardier Aerospace's vice president and general manager of Global Express & Global 5000 Business, Koerbel oversaw the Global Express XRS and Global 5000 product line, including engineering, aircraft production and completions. While at Lockheed Martin, he served as vice president and general manager of the aircraft division, where he was responsible for that company's aircraft heavy maintenance business as well as all facets of business development, operations, contracts and dealings with local and federal government customers and agencies. Meanwhile, Wolf's new position comes after gaining experience at McDonnell Douglas Corporation for more than 34 years. He began his career in various engineering and project management positions on missiles and space projects at McDonnell Douglas Astronautics Company in St. Louis. Wolf became senior vice president of Douglas Aircraft Company in 1989, and was responsible for program management of various commercial aircraft and launch of the MD-95, now the Boeing 717. Before his retirement in 2002, Wolf served as Fairchild Dornier Corporation's Chief Operating Officer in Oberpfaffenhofen, Germany, and was responsible for the development, launch and manufacturing of various commercial aircraft from 30 to 100 passengers.