Aergo Capital Announces Planned CEO Leadership Transition

DUBLIN, IRELAND –21st January 2026 – Aergo Capital, a leading global aircraft lessor and subsidiary of AB CarVal, today announced that Chief Executive Officer Fred Browne will step down from his role at the end of January as part of a structured and planned leadership transition. As part of this planned succession, Eugene O’Reilly, the current Chief Operating Officer, has been appointed as Acting CEO as the firm seeks to continue to build on the strong foundation Fred has developed.

Mr. Browne has had a long and successful career leading Aergo as Chief Executive Officer since it was founded in 1999. He has played a central role in the success and growth of the business. To ensure a seamless handover and continuity, Mr. Browne will transition out of the business at the end of this month.

“Fred has been instrumental in building Aergo into the world-class platform it is today, and we are immensely grateful for his leadership and dedication since AB CarVal acquired the business in 2014,” said Greg Belonogoff, Principal, Aviation Leasing, AB CarVal. " This planned transition is a testament to our ongoing commitment to Aergo’s long-term stability and growth, as we continue to focus on delivering results for clients and investors."

Fred Browne commented, “It has been a privilege to lead Aergo Capital from the very beginning, leading its incredible journey of growth. I am proud of what we have accomplished, and I want to thank the entire team for their hard work and commitment. I am confident that there is a bright future ahead for Aergo.”