Willis Lease Finance Corporation announced that Donald A. Nunemaker plans to retire as President, effective March 31, 2016 or shortly thereafter.

"Since joining Willis Lease in 1997, Don has made many significant contributions to the growth and development of the Company," said Charles F. Willis, Chairman and CEO. "We have grown from just under $157 million to nearly $1.3 billion in assets over the last eighteen years, and Don's hard work is evident in the strength and scope of our franchise today.  We had a great run together and I wish him all the best in his well-deserved retirement."

Mr. Nunemaker has worked for Willis Lease for 18 years and has served in a variety of positions including, previously, Chief Administrative Officer, Chief Financial Officer, Chief Operating Officer, as well as a Director on the Willis Lease Board and, for the past five years, President.

Mr. Nunemaker's involvement in the equipment leasing industry began in 1973 and, prior to joining Willis Lease, he held executive management positions at Lease Partners, Inc., Concord Asset Management, Inc., Banc One Leasing, Inc. and Chase Manhattan Leasing Company, Inc. Throughout the years, he has been a frequent speaker at many aviation industry conferences and events.

The Company has engaged Korn Ferry to conduct an international search to identify potential successor candidates for a new President.