Flying Colours bolsters financial team
Debbie Ammann (left) senior VP finance and administration, and Alysia Carter, chief financial officer, bolster Flying Colours financial acumen. (Photo: Flying Colours)
Flying Colours has appointed Debbie Ammann, formerly chief financial officer of the MRO company, to the newly created position of senior vice president, finance & administration. The position of CFO has been filled by new appointee Alysia Carter.
Flying Colours explains, that as it continues to enhance its international presence, Ammann will work closely with the senior executive team to ensure commercial efficiency, oversee new financial processes and coordinate commercial strategy across the existing sites in the United States, Canada and Singapore. She will also explore the commercial viability of further international sites.
Ammann has been part of the Flying Colours team for more than 30 years. “As the company enters the next development phase, I am delighted to support the evolution and implementation of new financial processes to ensure streamlined growth. My experience working with the senior team will be invaluable as we move forward,” Ammann said.
Having spent over 25 years in the accounting and financial sectors, Flying Colours explains Carter takes on the role of CFO at a time of significant expansion. Her previous experience brings knowledge of large complex project accounting and understanding of rapid business expansion to the organization.
Carter is already working on a global strategic overview of the company’s financial reporting to rationalize day-to-day commercial processes. “I’m thrilled to become part of the company at such an exciting time,” she said. “There is so much potential for the business and I’m looking forward to supporting the senior team as they implement commercial strategy.”
Both Ammann and Carter are based at the company’s headquarters in Peterborough, Ont., reporting directly to president and CEO, John Gillespie. “Flying Colours’ international business is evolving at a rapid pace. The global growth, the increased number of team members and our expanding customer base, necessitates an extremely talented financial team,” Gillespie said.
Flying Colours specializes in various maintenance and completion services for mid- to large-sized business aircraft, including the Bombardier Global Express and Challenger families, Dassault Falcon, Beechcraft/Hawker and Gulfstream models. Flying Colours is an Authorized Service Facility for Bombardier and a Bombardier Preferred Completion Center.
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