Aerospace Industry Executive Claude-Henri Hereus Joins Seabury Group

NEW YORK, May 30, 2008 – Seabury Group today announced that Claude-Henri Hereus, an aerospace industry veteran, has joined its Aerospace Division as Vice President.  He will help aerospace suppliers assess their competitive position, develop a strategy to optimize performance for their shareholders, and implement the necessary steps for growth. “Seabury is very fortunate to have Claude-Henri joining the company at such a critical time in the aerospace industry as suppliers are facing enormous pressures,” said Henri Courpron, President of the Aerospace Division.  “His almost 20 years of experience will be valuable to Seabury clients as they explore ways to be more competitive and optimize shareholder value in a tight financial environment.”

Mr. Hereus joined the aerospace and defense industry in 1990 and held positions in finance, controlling and procurement at Aerospatiale (later EADS) and Airbus. Since 2003, he was Vice President for Procurement Strategy at Airbus, responsible for all aspects of procurement-related strategy and suppliers’ risk-management.

“I am delighted to be part of a firm that has a proven track record in aviation consulting, restructuring, refinancing, and M&A,” said Mr. Hereus.  I look forward to extending this expertise to help aerospace companies improve their competitive position.”

Mr. Hereus began his professional career with Arthur Andersen in 1983 in its accounting and consulting practices in the United States and in Paris.  He also held several corporate controlling and finance positions at the Bouygues Group.  He was born in Douarnenez, Brittany, and earned an MBA from Ecole des Hautes Etudes Commerciales (HEC), Paris, with a specialty in Corporate Finance.

About Seabury Group
Seabury Group’s principal business is the Aviation & Aerospace Group, which is the leading independent investment banking and advisory group serving aviation, aerospace, and cargo on a global basis.  That group’s practices span investment banking, corporate transformation, and management consulting.  Seabury Group was awarded Airfinance Journal’s “North American Deal of the Year” for the equity rights offering the firm structured and placed for Northwest Airlines in 2007.  With more than 135 professionals dedicated to aviation and aerospace, Seabury has now advised over 150 clients worldwide in over 400 engagements spanning Africa, Australia, Asia, Europe, the Middle East, and the United States.


Source: Seabury Group
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