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Nichols named CEO, board member at Aerion

Jan. 7, 2013, Reno, Nv. - Aerion Corporation, an aerodynamics technology company, announced today that Doug Nichols, previously chief operating officer, will serve as chief executive officer and join the board of directors with immediate effect.


January 7, 2013
By Carey Fredericks

In this capacity, Nichols is responsible for all corporate activities of Aerion, including its recently acquired Desktop Aeronautics aerospace software and consultancy subsidiarybased in Palo Alto, California.
 
“Doug’s promotion to CEO and his participation on the board of directors will allow an increasingly vertically integrated Aerion to expand and monetize its portfolio of transonic and supersonic intellectual property,” said Robert M. Bass, chairman of Aerion and president of Keystone Group, LP. “From managing our efforts to bring the world’s first practical supersonic business jet to market, to helping aircraft manufacturers deliver more speed, range or efficiency in any flight regime, Doug’s leadership will be crucial to our future success.”
 
Doug Nichols is a former senior executive of The Boeing Company, where he held numerous financial, operating, and corporate development positions. In his nearly 30 years with Boeing, he gained extensive experience in the operational and financial management of aircraft programs, market evaluation and product development, supply base management, support logistics, and marketing and sales. Nichols earned his Master of Business Administration degree from the University of Puget Sound.