Nordic Aviation Capital (NAC) has appointed two additional Disinterested Directors to its Board as part of modifications to the boards across the Group. Stefan Selig and Paul Keglevic joined the Board as of 29th March 2021.
Rod Sheridan, Chair of Nordic Aviation Capital, said: “I am pleased to welcome Stefan and Paul to the Board of NAC and look forward to working closely with them both. I believe their financial and restructuring expertise will add demonstrable ability to the NAC board as future challenges are addressed”.
Stefan M. Selig is an accomplished banker and senior executive who has served in prominent leadership roles in both the private and public sectors. In 2017, Selig founded BridgePark Advisors. Prior to that, Selig served as President Obama’s Under Secretary of Commerce for International Trade at the U.S. Department of Commerce from 2014 to 2016. As one of the nation's most senior commercial diplomats, Selig headed the International Trade Administration, a bureau of 2,200 trade and investment professionals in 75 countries.
Having served as the Chief Executive Officer, Chief Restructuring Officer, and Chief Financial Officer of Energy Future Holdings (a Texas electric utility company), Paul Keglevic experience includes leading the 2014 to 2016 restructuring of the largest leveraged buyout in US history—restructuring over $30 billion of debt at TCEHCorp.—and the restructuring of approximately $20 billion of debt held by Energy Future Intermediate Holdings through the sale of its Oncor Electric subsidiary.