Wellington, Fla., USA - October 6, 2014, Wellington, Fla., USA - B/E Aerospace, Inc. announced the appointments of Joseph T. Lower as VP and CFO of B/E Aerospace, Inc. and Michael F. Senft as VP, CFO and treasurer of KLX Inc.
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Mr. Lower will initially join B/E Aerospace as Vice President, Finance and be appointed Vice President and Chief Financial Officer upon the effectiveness of the separation of KLX Inc. from B/E Aerospace, Inc.
Mr. Lower most recently was Vice President of Business Development and Strategy for The Boeing Company, where he spent the last twelve years. In this role, Mr. Lower was responsible for the corporate strategy, mergers and acquisitions, and transaction integration departments within Boeing. He was also a member of the International and Finance leadership teams.
Prior to joining Boeing in 2002, among other finance positions, Mr. Lower spent 6 years with Credit Suisse in various investment banking roles including positions in Mergers and Acquisitions, and Corporate Finance. Transactions completed included mergers, acquisitions, divestitures, public equity offerings, and high yield debt financings.
Mr. Lower received his M.B.A. from the J.L. Kellogg Graduate School of Management at Northwestern University and his B.A. in Finance from the Indiana University School of Business. Mr. Lower will be joining B/E Aerospace on November 1, 2014.
Mr. Senft most recently was a Managing Director of Moelis & Company, where he provided strategic advisory services to clients in a variety of industries, including the Industrials, Metals and Mining, and Food sectors. He has been a member of the B/E Aerospace, Inc. Board of Directors since February 2012, a position he will cease to serve on the effective date of the separation of KLX Inc. from B/E Aerospace, Inc.
For more than twenty years, Mr. Senft has been a highly valued adviser to B/E Aerospace, having structured and placed or advised the Company on long-term capital transactions and advised the Company on essentially all strategic acquisitions. Mr. Senft has more than 30 years of experience as an investment banker, including prior roles as Global Head of Leveraged Finance at CIBC, and Global Co-Head of Leveraged Finance at Merrill Lynch.
He has served on the Board of Directors of Moly Mines Ltd., a development stage mining company publicly listed on the Australian and Toronto stock exchanges and he served on the Board of Directors of Del Monte Foods. ■