AeroCentury Corp. has appointed Michael Magnusson as the new CEO, effective September 6, 2016. Magnusson will bring to the company more than 30 years of experience in the global aviation and leasing industry. From 1982 until 2015, Magnusson was with Saab Aircraft Leasing, in positions of increasing responsibility, serving as President and CEO from 1998 to 2015.