Robert Molsbergen Named President of MD Helicopters

Robert Molsbergen Named President of MD Helicopters

22-Feb-2010 Source: MD Helicopters

Lynn Tilton, Chief Executive Officer, MD Helicopters, Inc. has announced the appointment of Robert Molsbergen to President of MD Helicopters, Inc., reporting directly to her.
Mr. Molsbergen has held senior C-level positions within the marine, aerospace, industrial and power generation markets. He provides MD Helicopters with proven global leadership experience managing high growth companies where he has managed mission critical operations leading to multiple business successes. As a senior level executive in international business environments, he is a strong communicator with over 20 years of experience guiding multinational corporations to unprecedented sales and revenue growth.
Most recently, Mr. Molsbergen was President and a Member of the Board of Innovation Plus, LLC, a private high technology firm, inventing, developing, manufacturing, marketing and selling highly advanced electronic products and services to the aerospace industry. Prior to this, he was CEO and Chairman of the Board of EMTS, a Dutch major global marine services company engaged in shipbuilding and ship repair and maintenance, which serves internationally renowned ship owners, operators and managers.
He is a US patent holder and received his BS in Economics and MBA from Erasmus University in Rotterdam, The Netherlands and a BS in Marine Engineering from Astileros Espanoles in Bilbao, Spain.
About MD Helicopters, Inc.
MD Helicopters, Inc., is a leading manufacturer of commercial and military helicopters. The MDHI family of rotorcraft is world renowned for its value, versatility and performance. The MD Helicopters family includes the twin-engine MD Explorer®, and single engine versions of the MD 600N®, MD 520N®, MD 500E® and MD 530F®. The NOTAR® system for anti-torque control is used exclusively by MD Helicopters. The Company is based in Mesa, Ariz. For more information about MDHI visit http://www.mdhelicopters.com .
About Patriarch Partners LLC
The Patriarch platform is a vertically integrated private equity firm with robust in-house operational turnaround expertise. Patriarch Partners, LLC (“Patriarch”), founded in 2000, was built upon a proprietary patented financial model designed to manage and monetize the distressed portfolios of financial institutions. Patriarch has since evolved into a global investment firm that concentrates on direct investments in distressed businesses, with a focus to rebuild, managing funds with over $7 billion of equity and secured loan assets with equity investments in more than 70 companies, and controlling interests in approximately two-thirds of these. For more information, please visit www.patriarchpartners.com.

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