JSSI Appoints Ken Goodman As New CFO

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Sep 21, 2015, 12:11 ET

CHICAGO, Sept. 21, 2015 /PRNewswire/ -- Jet Support Services, Inc. (JSSI), the leading provider of hourly cost maintenance programs for the business aviation industry, has announced that finance industry veteran, Ken Goodman, has joined the company as its new Chief Financial Officer.

"Ken brings exceptional financial and industry experience and knowledge to JSSI. His track record both inside and outside the aviation industry speaks for itself," commented Neil Book, President and CEO for JSSI. "We welcome Ken and his leadership to the JSSI team."

After graduating from Cornell University with an MBA in Finance, Mr. Goodman's financial career began as a Financial Analyst at American Airlines, where he spent more than 6 years in a variety of roles. Subsequently, Mr. Goodman spent 8 years with L Brands, a $10 billion publicly-traded specialty retailer that includes the Victoria's Secret and Bath & Body Works brands. In 2008, Mr. Goodman joined NetJets, a subsidiary of Berkshire Hathaway as Senior Vice President Financial Planning and Analysis ("FP&A"), with responsibility for leading the FP&A and Maintenance Finance functions. Ken's team led all financial planning, forecasting, and contract negotiations support for aircraft acquisitions and aircraft maintenance agreements. In addition, Ken's Maintenance Finance team performed all accounting, internal control and cost recovery activities for the NetJets US Aircraft Maintenance operation. Over the last 7 years Ken supported 3 different CEOs at NetJets and was a key partner as the team successfully navigated the economic cycle, ultimately resulting in sustained profitability, greatly reduced debt levels and a much higher return on invested capital.

Mr. Goodman stated, "JSSI is the world leader in the field of hourly cost maintenance programs, and I feel privileged to be working alongside Neil and the great team of professionals at JSSI. The business has a well-deserved reputation in the industry for being innovative and flexible. These traits, combined with a truly customer-centric culture, an experienced and dedicated team, and cost data that's second to none, make me absolutely thrilled to be part of the team here. I look forward to helping the team cultivate opportunities to further expand the business and enhance efficiencies on a global scale."

About Jet Support Services, Inc.

For more than 25 years, JSSI has been the only hourly cost maintenance provider covering virtually all makes and models of business aircraft, engines and APUs. JSSI provides its customers with comprehensive, flexible and affordable financial tools for managing the often unpredictable costs of operating and maintaining nearly all types of turbine-powered aircraft, including jets, turbo-props and turbine-powered helicopters. As the creator of the revolutionary Tip-to-Tail® Program, JSSI is the only single source provider of this trademarked service. JSSI serves customers globally and manages maintenance services through its worldwide infrastructure of certified technical advisors. For more information, go to www.jetsupport.com.