Willis Lease Finance Corporation announced that Austin C. Willis, son of Charles F. Willis, has been appointed the new Chief Executive Officer (“CEO”) of Willis Lease, effective April 1, 2022. Charles F. Willis, the founder and CEO of Willis Lease, will become the Executive Chairman of the Board of Directors upon Austin C. Willis assuming the position of CEO. Austin C. Willis has had a broad and diverse aviation career, most recently serving as SVP of Corporate Development of Willis Lease since 2017, as well as sitting on Willis Lease's Board since 2008.