GLS Gelesis Holdings Inc

SHANNON, Ireland, Feb. 25 /PRNewswire-FirstCall/ -- Genesis Lease Limited (NYSE:GLS) today announced the appointment of Brian T. Hayden, age 61, to its board of directors, effective immediately. Commenting on the appointment, John McMahon, Chairman and Chief Executive Officer of Genesis, noted, "I am delighted to welcome Brian Hayden to the board of directors. Brian brings many decades of aviation industry and commercial aircraft leasing experience to Genesis Lease and will be a tremendous asset to the board. My fellow directors and I look forward to benefitting from his deep industry knowledge and insight." Mr. Hayden was employed by General Electric Commercial Aviation Services (GECAS) from 1993 until his retirement at the end of 2008. During his tenure with GECAS, he served as Executive Vice President and the Head of GECAS' office in Shannon, Ireland, as well as the GE National Executive Director for the Republic of Ireland. He also served as Chairman of the Board and President of GECAT, then a pilot training subsidiary of GECAS. From 1989 to 1993, he was Senior Vice President of the technical division of GPA Group, a commercial aircraft leasing company based in Shannon. Mr. Hayden began his career with Aer Lingus in 1970 where he held various management positions. He is a director of Airplanes Limited. Mr. Hayden graduated as a Chartered Mechanical Engineer and is a Fellow of the Institution of Engineers of Ireland. He was awarded an MSc by Trinity College Dublin and subsequently earned an MBA from University College Dublin in 1984. About Genesis Lease Limited Genesis Lease Limited is a global commercial aircraft leasing company that is headquartered in Shannon, Ireland. Genesis acquires and leases modern, operationally efficient passenger and cargo jet aircraft to a diverse group of airlines throughout the world. Genesis leverages the worldwide platform of GE Commercial Aviation Services Limited, or GECAS, to service its portfolio of leases. Genesis's common shares, in the form of American Depositary Shares, are listed on the New York Stock Exchange under the symbol "GLS." GLS-F Contact Information For further information please contact: Jeffrey Goldberger / Marybeth Csaby KCSA Strategic Communications New York, NY 10017 Tel: +1-212-896-1249 (JG) / 1236 (MC) / DATASOURCE: Genesis Lease Limited CONTACT: Jeffrey Goldberger, +1-212-896-1249, ; or Marybeth Csaby, +1-212-896-1236, , both of KCSA Strategic Communications

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