MORRISVILLE, N.C., Nov. 1, 2016 /PRNewswire/ -- Alliance One International, Inc. (NYSE: AOI) today announced the appointment of Michael Shannon as Vice President and Treasurer effective November 1, 2016. Prior to joining AOI, Mr. Shannon was at Deutsche Bank Securities in the Leveraged Finance Group, where he focused on both corporate and financial sponsor transactions in the leveraged loan and bond markets.
Mr. Shannon received a B.S. in Electrical and Computer Systems Engineering from Rensselaer Polytechnic Institute Magna Cum Laude, graduated and qualified as Engineer from the Naval Nuclear Power Program and received an M.B.A. with honors from Columbia Business School (Donald B. Bibeault Scholar). He is a former Naval Submarine Officer having served aboard the USS Toledo (SSN 769) and worked as a Liaison Instructor at the Naval Submarine School.
Joel Thomas, Alliance One's Executive Vice President and Chief Financial Officer, remarked, "Michael's extensive leverage finance origination and execution experience provide an excellent background for the requirements at AOI. His experience in structuring, pricing, underwriting and distributing credit products is a strong addition to our finance team and we are pleased he has decided to head our global treasury group."
Pieter Sikkel, Alliance One's President and Chief Executive Officer, stated, "Michael has a proven record of financial innovation and delivery of results. As Vice President with Deutsche Bank, he worked extensively on a wide range of financing transactions. We are pleased that Michael has joined our finance team."
Alliance One International is a leading independent leaf tobacco merchant serving the world's cigarette manufacturers. For more information on Alliance One, visit the Company's website at www.aointl.com.
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SOURCE Alliance One International, Inc.