Glasair CEO Quits as Chinese Firm Takes Control

Stephen Pope

Thursday, August 09, 2012 at 08:26 PM ET

Verified

Key Takeaways:

Glasair's president and CEO, Mikael Via, has departed following the company's acquisition by the China-based Jilin Hanxing Group.
Nigel Mott and Scott Taylor have been appointed as the new president and vice president of operations, respectively, for Glasair Aviation USA LLC, the company's new operating entity.
The new Chinese owner plans significant investment in Glasair's existing product lines, starting with certifying the Sportsman design, and aims for substantial growth through further acquisitions of airframe designs and aviation companies.
Glasair's U.S. headquarters and workforce will be retained, with no plans for relocation or employee terminations.

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Glasair president and CEO Mikael Via has decided to leave the company after its recent sale to Jilin Hanxing Group, a China-based conglomerate, ending a tenure that saw a successful resurgence for the kitplane maker.

Replacing Via at the helm of Glasair Aviation are its new president, Nigel Mott, previously the vice president of operations, and Scott Taylor, who was promoted from general manager to vice president of operations.