News
DAE appoints acting CEO
The $15-billion (Dh55bn) Dubai Aerospace Enterprise has appointed George Mushahwar as the Acting Chief Executive Officer.
Previously, Tecom Investments COO, Mushahwar, will replace 60-year-old Bob Johnson, who has retired, DAE said in the statement. Johnson took over as DAE's chief executive in July 2006.
DAE comprises DAE Airports, DAE Capital, DAE Engineering, DAE Manufacturing, DAE Services and DAE University. DAE's shareholders include Emaar, Istithmar World, Dubai Silicon Oasis, Dubai International Capital, DIFC Investments, the Government of Dubai and Amlak Finance.
Previously, Tecom Investments COO, Mushahwar, will replace 60-year-old Bob Johnson, who has retired, DAE said in the statement. Johnson took over as DAE's chief executive in July 2006.
DAE comprises DAE Airports, DAE Capital, DAE Engineering, DAE Manufacturing, DAE Services and DAE University. DAE's shareholders include Emaar, Istithmar World, Dubai Silicon Oasis, Dubai International Capital, DIFC Investments, the Government of Dubai and Amlak Finance.