New Inflight Entertainment Venture Names VP & CFO
This is the first major appointment since Golden Eagle Acquisition agreed to acquire satellite connectivity firm Row 44 and content company Advanced Inflight Alliance to create Global Eagle Entertainment. Here’s the release:
Los Angeles, CA November 16, 2012 – Global Eagle Acquisition Corp. today announced that Dave Davis, former chief financial officer of Northwest Airlines Corporation and US Airways Group and current director of Row 44 Inc. (Row 44), will join the company as Vice President and Chief Financial Officer upon closing of its proposed business combination transaction in which Global Eagle will acquire Row 44 and 86% of the issued and outstanding shares of Advanced In-flight Alliance AG.
On November 8, 2012, Global Eagle announced the signing of definitive agreements for the business combination to create the largest entertainment and connectivity platform for the worldwide airline industry. AIA is the leading supplier of games, movies, general entertainment and applications to the airline industry, serving more than 130 airlines worldwide. Row 44 is a leading satellite-based broadband service provider to the global airline industry, with its in-flight entertainment connectivity system currently installed on more than 400 aircraft that operate over land and sea worldwide.
Global Eagle Acquisition Corp. will be renamed Global Eagle Entertainment Inc. upon the closing.
Prior to the closing of the business combination, Davis will serve as Chief Financial Officer of Row 44, reporting to John LaValle, Chief Executive Officer of Row 44. Upon closing, Davis will transition to take on the position of Vice President and Chief Financial Officer of Global Eagle Entertainment Inc. In his role at Global Eagle, Davis will be responsible for Global Eagle’s group finance functions including financial planning and analysis, controllership, tax, treasury, investor relations, and mergers and acquisitions activity.
Most recently, Davis served as Senior Vice President, Enterprise Finance, at Best Buy, Inc. in Minneapolis.
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