WestJet names Michael Scott Executive Vice-President and CFO

The WestJet Group has named Michael Scott as the Group’s Executive Vice-President and Chief Financial Officer. The 30-year aviation industry veteran will start with the airline’s executive team on June 13, 2023.

Scott’s long-established career with StandardAero, included more than 13 years as Chief Financial Officer and Treasurer. He led tremendous growth with revenue increases of more than 300%, while delivering a 400% increase in profitability through a combination of organic growth, cost management and synergistic mergers and acquisitions (M&A). Prior to this position, he held a variety of senior level roles across the organisation. In addition, throughout his tenure as CFO, Scott successfully worked with three different private equity sponsors.

“Mike brings a wealth of financial leadership experience and a notable track record to our organisation,” said Alexis von Hoensbroech, WestJet Group Chief Executive Officer. “We are a year into successfully executing on the WestJet Group’s strategy to resume a long-standing track record of profitability, as we get back to our low-cost roots in service of safe, reliable and affordable travel for Canadians. We are thrilled to welcome Mike at this pivotal time, as we continue our next exciting growth chapter at the WestJet Group.”

With expertise in asset and capital management, investor relations and M&A realisation, Scott will oversee all financial management of the WestJet Group. This includes Accounting and Financial Reporting, Planning and Analysis, Treasury, Tax, Procurement, Supply Chain, Real Estate and Payment Services teams.