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Doug Kitani

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Doug Kitani
NationalityAmerican
EducationEmory University
United States Military Academy
OccupationCEO Erickson Inc.
TermSeptember 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 bachelor's degree from the U.S. Military Academy at West Point and an MBA in finance from Goizueta Business School at Emory University.[1] 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.[2]

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.[3] Following his time at GE Capital he was a Principal and Senior Direct Investment Professional the Quadrant Capital Group. He moved on to hold investment banking positions at JP Morgan H&Q as well as SG Cowen.[4] 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.[5] Following his time at Honeywell Kitani co-founded his own private equity firm, Calder Capital Partners, with backing from Allied Capital and Goldman Sachs.[6]

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 at acquisitions at DynCorp International.[7] 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.[8][9] He went on to become CEO of IAP Worldwide Services. During his tenure at IAP Worldwide Services he was added to Executive Mosaic's Wash100 list for “influential leader in the government contracting industry”.[10]

In 2017 Kitani accepted a position as CEO of Erickson Inc..[11] Under Kitani Erickson has grown it's defense business. In 2019 Erickson was named a Top 10 Defense Manufacturing Solution Provider and won SOF/PR and Transportation Command Defense Contracts.[12][13][14] In addition to the growth in Erickson's defense business the company has announced or completed several large projects under Kitani's leadership. In July 2019 Erickson announced they had selected Ramco Aviation software to enhance their MRO operation[15] s. Later that year Erickson would successfully deliver two newly manufactured S-64 Air Crane® helicopters to the Korea Forest Service.[16][17] In January 2020 Erickson announced a new line of Air Crane® helicopters, the S-64F+, and an agreement with Sikorsky focused on developing nighttime firefighting technology.[18] Two months later in March Erickson announced the FAA had certified their new composite main rotor blades.[19]

References

  1. ^ Mehta, Neel (10 June 2015). "Executive Profile: Doug Kitani, CEO of IAP". ExecutiveBiz. Retrieved 26 March 2020.
  2. ^ Nicholas, Scott (1 September 2017). "IAP,DynCorp Vet Doug Kitani Joins Erickson as CEO". GovConWire. Retrieved 26 March 2020.
  3. ^ "Douglas Kitani". Spoke. Spoke. June 12, 2011. Retrieved April 14, 2020.
  4. ^ "Douglas Kitani". Spoke. Spoke. June 12, 2011. Retrieved April 14, 2020.
  5. ^ "Douglas Kitani". Spoke. Spoke. June 12, 2011. Retrieved April 14, 2020.
  6. ^ Stiles, Greg (August 31, 2017). "West Point grad named Erickson CEO". Mail Tribune. Retrieved March 26, 2020.
  7. ^ "Erickson taps West Point grad Doug Kitani for CEO". Oregon Live. The Oregonian. Retrieved March 26, 2020.
  8. ^ Mehta, Neel (10 June 2015). "Executive Profile: Doug Kitani, CEO of IAP". ExecutiveBiz. Retrieved 26 March 2020.
  9. ^ "Erickson taps West Point grad Doug Kitani for CEO". Oregon Live. The Oregonian. Retrieved March 26, 2020.
  10. ^ Wilkers, Ross (January 29, 2015). "Doug Kitani, IAP World Services CEO, Inducted into Wash100 for Int'l Logistics Leadership". GovConExec. Wash100. Retrieved March 26, 2020.
  11. ^ "Erickson taps West Point grad Doug Kitani for CEO". Oregon Live. The Oregonian. Retrieved March 26, 2020.
  12. ^ "Erickson Named Top 10 Defense Manufacturing Solution Provider, 2019". Cision PR Newswire. Cision PR Newswire. November 19, 2019. Retrieved April 14, 2020.
  13. ^ "Erickson Wins SOF/PR Defense Contract". Cision PR Newswire. Cision PR Newswire. October 30, 2019. Retrieved April 14, 2020.
  14. ^ "Erickson Wins U.S. Transportation Command Defense Contract". Cision PR Newswire. Cision PR Newswire. November 12, 2019. Retrieved April 14, 2020.
  15. ^ Steve Brooks (July 4, 2019). "Erickson selects Ramco Aviation". Enterprise Times. Enterprise Times. Retrieved April 14, 2020.
  16. ^ "S-64 Air Crane® Helicopter Headed to South Korea". Cision PR Newswire. Cision PR Newswire. December 22, 2019. Retrieved April 14, 2020.
  17. ^ "Erickson Completes 2019 Delivery for The Korean Forest Service". Cision PR Newswire. Cision PR Newswire. December 22, 2019. Retrieved April 14, 2020.
  18. ^ "Erickson & Sikorsky Sign Development Agreement to Tackle the Future of Firefighting". Aerial Fire. Aerial Fire. December 22, 2019. Retrieved April 14, 2020.
  19. ^ "Erickson Debuts Composite Main Rotor Blades". AviationPros. AviationPros. March 3, 2020. Retrieved April 14, 2020.
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