American International Group (AIG) and International Lease Finance Corporation (ILFC) has appointed Philip Scruggs, currently senior vice president, as the new chief marketing officer.
Most recently, Mr Scruggs served as senior vice president of ILFC in marketing with responsibility for over 65 of ILFC’s airline customers. In this role, he managed sourcing, evaluation, documentation and on-going management of aircraft leasing transactions, and has worked with airlines and investors in Europe, North America, South America, the Middle East, Australia, and the Commonwealth of Independent States.
Prior to joining ILFC, Mr Scruggs was employed as an attorney at Paul, Hastings, Janofsky and Walker, a Los Angeles based law firm, where he specialized in leasing and asset based finance.
Alan Lund, vice chairman, interim president and CEO of ILFC, said: “We are very pleased that Phil is taking on this added responsibility. ILFC’s marketing team, led by Phil, will continue to work tirelessly to meet the needs of ILFC’s more than 170 customers. This announcement, together with our recent successes in the financial markets, where we raised more than $4bn in new liquidity over the last three weeks, strongly demonstrates ILFC’s vibrant future.”