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EXECUTIVES IN FOCUS
Electra appoints B. Marc Allen as
Chief Executive Officer
In his previous role, B. Marc Allen led Boeing’s $5 billion customer finance division and spent nearly a
decade on Boeing’s Executive Council.
closer to where we live, work and play
– without airports, emissions, or noise.
Leading Electra at this pivotal moment
is a once-in-a-lifetime opportunity.”
Electra is a company specializing in
the development of hybrid-electric
aircraft. They focus on reducing emis-
sions and fuel use by combining electric
propulsion with traditional aviation
technology. The aircraft will have short
takeoff and landing (STOL) capabilities,
making it suitable for regional airports.
Electra aims to improve regional con-
nectivity and sustainability in aviation.
lectra has appointed B. Marc Allen John S. Langford, Founder and Chair-
Eas the new Chief Executive Officer. man, Electra, said, “Marc’s exceptional
Allen joins Electra following a notable background in global business and
career at The Boeing Company, where strategic leadership makes him the
he held multiple senior roles, including ideal choice to guide Electra into its
Chief Strategy Officer and Senior Vice next phase of growth, With over 2,000
President for Strategy and Corporate orders for our 9-seat hybrid electric
Development. In his previous role, he aircraft from customers worldwide, we
led Boeing’s $5 billion customer finance are poised to become a global indus-
division and spent nearly a decade on trial champion. Electra already has the
Boeing’s Executive Council. His roles at strongest technical team in the business
Boeing included President of Boeing In- – and now we have the finance, legal,
ternational, overseeing enterprise-wide and operations experience to match.”
functions, and leading the restructuring Langford, who has served as both
and acquisition of Wisk Aero, focusing Chairman and CEO since the company’s
on autonomous flight technologies. inception, will continue in his role as
Allen’s experience also encompasses Chairman, concentrating on long-term
positions as President of the Embraer strategy and innovation.
Partnership, President of Boeing China, B. Marc Allen, Chief Executive Officer,
and General Counsel of Boeing Inter- Electra, said, “I am excited to join Elec-
national. He holds an undergraduate tra’s first-rate team and help define the
degree from Princeton University and a next level of air travel connectivity, My
JD from Yale Law School. His early ca- passion has always been about building,
reer includes clerking for U.S. Supreme coaching, and inspiring high-performing
Court Justice Anthony M. Kennedy, co- teams. Electra is at the forefront of
founding a sports medicine startup, and revolutionizing air travel with its direct
consulting with The Parthenon Group. aviation model, bringing air travel
36 15 Sept, 2024 www.mrobusinesstoday.com