Sibylle Pahler Joins Doric Senior Management

Offenbach am Main – Sibylle Pähler has joined Dr. Peter E. Hein and Bernd Reber as managing director of Doric GmbH. She is responsible for the acquisition and structuring of investments. Ms. Pähler has been with Doric since its founding. She has held a number of senior positions and played a major role in growing Doric‘s product portfolio. Prior to Doric, Ms. Pähler worked at Citigroup in Asset Finance for over 15 years.

Doric‘s two other managing directors and founding shareholders, Dr. Peter E. Hein and Bernd Reber, remain in charge of Doric‘s strategic and technical Asset Management, and Fund Management respectively.

In June 2013 the shareholders of Doric GmbH launched Doric Lease Corp (DLC) as an operating lessor company. DLC is not a member of the Doric group of companies.

Mark Lapidus, CEO of the lessor company, has therefore stepped down from his position at Doric.

DLC is to purchase widebody aircraft and lease them to airlines. The launch of an independent lessor company means that interests of conflict can be avoided as airlines constitute DLC‘s customers whilst Doric‘s focus is on investor interests.

Doric‘s previous business fields – including the aviation segment – remain unchanged. Doric will continue to arrange and structure aircraft investments for institutional and private investors, and manage their assets.