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2018 Annual Report to Shareholders (PDF)

2019 Proxy Statement (PDF)

AeroCentury Corp. Reports First Quarter 2019 Results

AeroCentury Corp. Reports Fourth Quarter and Fiscal Year 2018 Results

Our Management Team

Mr. Evan M. Wallach

Mr. Wallach is President and Chief Executive Officer of Global Airfinance Services, Inc., an aviation consulting business he founded in 1998 and returned to in June 2012. Mr. Wallach is the Chair of the Board of Directors of the Company, and a member of the Audit Committee and Executive Committee. He has served on the Board since 1997 and was appointed Chair in 2016. From December 2009 until June 2012, Mr. Wallach was Managing Director, Aviation/Transportation Markets at Jefferies & Company, Inc. From 2005 to 2009, Mr. Wallach was a Managing Director, Airline/Aircraft Securities Sales at Guggenheim Capital Markets, LLC, a securities broker/dealer. From 2001 to 2005, he served as Managing Director, Fixed Income Institutional Sales, at Piper Jaffray LLC, and from 1998 to 2001 he served as Vice President, Finance of C-S Aviation Inc., an aviation consulting firm. Mr. Wallach has specialized in aircraft and airline financing for over thirty years, having held senior level positions with The CIT Group, Bankers Trust Company, Kendall Capital Partners, Drexel Burnham Lambert, and American Express Aircraft Leasing. Mr. Wallach received a Bachelor’s Degree in Political Science from State University of New York at Stony Brook and a Master’s Degree in Business Administration from the University of Michigan.

Mr. Michael G. Magnusson
Chief Executive Officer

Mr. Michael G. Magnusson was appointed to serve as AeroCentury's Chief Executive Officer, effective September 6, 2016. From 1982 until 2015, Magnusson was with Saab Aircraft Leasing, in positions of increasing responsibility, serving as President and Chief Executive Officer from 1998 to 2015. As Chief Executive Officer, Magnusson oversaw an aircraft portfolio of over $500 million and a 40 person staff. After leaving Saab, Magnusson was a founding partner of an independent consulting company that he will leave when he joins AeroCentury. Born in Gothenburg, Sweden, Magnusson is fluent in Swedish and English and conversant in Spanish. He earned his Masters of Aeronautical Engineering from the Royal Institute of Technology in Stockholm, Sweden and served in the Swedish army.

Ms. Toni M. Perazzo
Senior VP of Finance, Secretary & CFO

Ms. Perazzo is the Company’s Chief Financial Officer, Treasurer, Senior Vice President-Finance, and Secretary and has served on the Board since the Company’s inception in 1997. She is also a member of the Executive Committee of the Board of Directors. She is President and Chief Financial Officer of JMC (the management company for the Company), where she has been an officer in various capacities since 1997. Her prior positions include Assistant Vice President for a savings and loan, controller of an oil and gas syndicator and a senior auditor with Arthur Young & Co., Certified Public Accountants. She received her Bachelor’s Degree from the University of California at Berkeley, and her Master’s Degree in Business Administration from the University of Southern California. Ms. Perazzo is a certified public accountant and member of the California Society of Certified Public Accountants and the American Institute of Certified Public Accountants.

Mr. Frank Pegueros
Senior Vice President, Operations

Mr. Pegueros is responsible for negotiation of aircraft acquisitions and aircraft remarketing and sales, as well as drafting of contractual documents. Mr. Pegueros joined JMC and the Company in 2007 and was previously in a variety of positions with United Airlines over a twenty-year period. Initially as power plant engineer and finally, since 1994, as a senior aircraft sales executive. He was a member of United's aircraft team responsible for aircraft sales as well as lease negotiations for the operating fleet. He is a graduate of Cal Poly State University with BS in Aeronautical Engineering.

Mr. Christopher B. Tigno
General Counsel

Mr. Tigno is responsible for all legal matters of the Company and JMC and all of its related companies, including supervision of outside counsel, documentation of aircraft asset acquisition transactions and corporate and securities matters. He has also served as General Counsel of Structured Funding, Inc. since 2005 and of CMA since 1996. He joined the Company in 1997 and joined JMC and CMA in 1996. He was also Senior Counsel with the law firm of Wilson, Ryan & Campilongo from 1992 to 1996, and prior to that was associated with the law firm of Fenwick & West from 1988 to 1992 and the law firm of Morrison & Foerster from 1986 to 1988. Mr. Tigno received his Juris Doctor Degree from the University of California at Berkeley, Boalt Hall School of Law, and was admitted to the California Bar in 1986. He also holds a Bachelor's Degree in Chemical Engineering from Stanford University.