Richard Sell, as the new CEO of HAECO, will be responsible for leading the group’s operations, driving its business strategy and focusing on ensuring safety, quality, and operational excellence.
HAECO Group, a prominent global provider of aircraft maintenance, repair, and overhaul services, has announced the appointment of Richard Sell as its new Chief Executive Officer (CEO). Effective from 1 July 2023, Sell will succeed Frank Walschot, who will continue to support the company as an advisor. As the new CEO of HAECO, Richard Sell will be responsible for leading the group’s operations and driving its business strategy. His focus will be on ensuring safety, quality, and operational excellence to meet the diverse needs of HAECO’s global customer base.
Richard Sell brings with him over 20 years of leadership experience across diverse industries and corporate structures, making him an invaluable addition to the HAECO team. Currently serving as the CEO of Hong Kong Aero Engine Services Ltd (HAESL), a joint venture between HAECO and Rolls-Royce, Sell also holds director positions at Taikoo (Xiamen) Aircraft Engineering Company Ltd and Goodrich Asia-Pacific Ltd.
Prior to his current role, Richard Sell held management positions within various Swire group companies, including Cathay Pacific Airways, Swire Pacific, The China Navigation Company, Swire Energy Services, and Swire Pacific Offshore. His extensive experience spans the aviation, marine, retail, and distribution sectors, overseeing wholly-owned subsidiaries and joint ventures across Hong Kong, Singapore, India, and Europe.
Richard Sell, Chief Executive Officer, HAECO Group said, “I am delighted to join HAECO and lead this dynamic organization into its next phase of growth. HAECO has an outstanding reputation for providing quality services and for its ‘can-do’ spirit. I am excited to work with the talented team to build on this legacy and to drive the company’s continued success.”
Richard Sell holds a degree from the University of Leeds and has furthered his education at INSEAD and Stanford University Graduate School of Business, enhancing his business acumen and leadership skills. With the appointment of Richard Sell, HAECO Group looks forward to embarking on a new phase of growth and continuing its legacy of excellence in the aviation industry.
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In recognition of Frank Walschot’s exceptional leadership and vision during his tenure as CEO, HAECO Group expressed heartfelt gratitude. Walschot’s unwavering commitment to operational excellence, safety promotion, and delivery of quality services has played a crucial role in shaping the company’s success. Under his guidance, HAECO expanded its global footprint while maintaining its position as a leading provider of aircraft maintenance, repair, and overhaul services. HAECO extends its best wishes to Walschot in his future endeavors and extends gratitude for his invaluable contributions to the company.
