Doug Kitani Explained

Doug Kitani
Birth Name:Douglas Lester Kitani
Nationality:American
Education:Emory University
United States Military Academy
Occupation:CEO Erickson Inc.
Term:September 2017– Present

Doug Kitani is an American executive currently working as Chief Executive Officer (CEO) for aerospace manufacturing and aviation service provider Erickson Inc.

Career

Kitani earned his BS degree from the U.S. Military Academy at West Point in 1993 and an MBA degree in finance from Goizueta Business School at Emory University.[1] [2] He completed 11 years of active and reserve service in the United States Army. He served as a helicopter pilot and officer qualified to fly Bell UH-1 Iroquois, OH-58 Kiowa Warrior, and Sikorsky UH-60 Black Hawk helicopters.[3]

Following his service, Kitani went on to working in finance and private equity. He began his career at GE Capital, the finance division of General Electric.[4] Following his time at GE Capital he was a Principal and Senior Direct Investment Professional of the Quadrant Capital Group. He moved on to hold investment banking positions at JP Morgan H&Q as well as SG Cowen.[5] In 2003 he became Director of Alternative Investments at Fortune 500 company Honeywell International. He oversaw Honeywell's $23 billion pension fund and was responsible for the $1 billion alternative asset investment program.[6] Following his time at Honeywell Kitani co-founded his own private equity firm, Calder Capital Partners, with backing from Allied Capital and Goldman Sachs.[7]

After working at General Partner at Calder Capital Partners Kitani transitioned into the defense contractor and aerospace industry when he accepted a position to lead mergers and acquisitions at DynCorp International.[8] Following that he spent a year as Executive Vice President and Chief Finance Officer at Aircraft Owners and Pilots Association (AOPA) before returning to DynCorp as Head of Portfolio Strategies for Aerospace and Defense.[9] [10] He went on to become CEO of IAP Worldwide Services.

In 2017 Kitani became CEO of Erickson Inc.[11] Erickson then began a partnership with Ramco Aviation software to improve their MRO operations and delivered two newly manufactured S-64 Air Crane helicopters to the Korea Forest Service.[12] [13] [14] Also during Kitani's tenure Erickson announced a new line of Air Crane helicopters, the S-64F+, an agreement with Sikorsky focused on developing nighttime firefighting technology, and that the FAA had certified the designs for new composite main rotor blades.[15] [16]

Notes and References

  1. Web site: Douglas Lester Kitani . West Point Association of Graduates . 10 May 2022.
  2. Web site: Executive Profile: Doug Kitani, CEO of IAP. Mehta . Neel . 10 June 2015 . ExecutiveBiz . 26 March 2020.
  3. Web site: IAP,DynCorp Vet Doug Kitani Joins Erickson as CEO . Nicholas . Scott . 1 September 2017 . GovConWire . 26 March 2020.
  4. Web site: Douglas Kitani . . June 12, 2011 . Spoke . Spoke . April 14, 2020.
  5. Web site: Douglas Kitani . . June 12, 2011 . Spoke . Spoke . April 14, 2020.
  6. Web site: Douglas Kitani . . June 12, 2011 . Spoke . Spoke . April 14, 2020.
  7. Web site: West Point grad named Erickson CEO . Stiles . Greg . August 31, 2017 . Mail Tribune . March 26, 2020 .
  8. Web site: Erickson taps West Point grad Doug Kitani for CEO . Oregon Live . 4 September 2017 . The Oregonian . March 26, 2020.
  9. Web site: Executive Profile: Doug Kitani, CEO of IAP. Mehta . Neel . 10 June 2015 . ExecutiveBiz . 26 March 2020.
  10. Web site: Erickson taps West Point grad Doug Kitani for CEO . Oregon Live . 4 September 2017 . The Oregonian . March 26, 2020.
  11. Web site: Erickson taps West Point grad Doug Kitani for CEO . Oregon Live . 4 September 2017 . The Oregonian . March 26, 2020.
  12. News: Erickson selects Ramco Aviation . Steve Brooks . July 4, 2019 . Enterprise Times . Enterprise Times . April 14, 2020.
  13. Web site: S-64 Air Crane Helicopter Headed to South Korea . . December 22, 2019 . Cision PR Newswire . Cision PR Newswire . April 14, 2020.
  14. Web site: Erickson Completes 2019 Delivery for The Korean Forest Service . . December 22, 2019 . Cision PR Newswire . Cision PR Newswire . April 14, 2020.
  15. Web site: Erickson & Sikorsky Sign Development Agreement to Tackle the Future of Firefighting . . December 22, 2019 . Aerial Fire . Aerial Fire . April 14, 2020.
  16. Web site: Erickson Debuts Composite Main Rotor Blades . . March 3, 2020 . AviationPros . AviationPros . April 14, 2020.