Dunne took up his position in September and reports directly to Robert Milton, ACE’s chief executive. Dunne oversees financial strategy and direction for ACE and its operating companies as both treasurer and controller. He replaces Rob Petersen, who moved to Aeroplan, ACE’s frequent flyer unit.
During his four years at Aer Lingus, Dunne played a key role in transforming Ireland’s flag carrier into a profitable low-fare airline in the management team led by new British Airways head Willie Walsh and including chief operating officer Seamus Kearney. Canadian analysts believe his experience at Aer Lingus will prove valuable to ACE as the rivalry grows between Air Canada and low-cost WestJet.
Before Aer Lingus, Dunne was a partner in Arthur Andersen’s business consulting practice.
Joining Dunne at ACE is Greg Coté, an Ernst & Young partner who worked on Air Canada’s restructuring. Coté is senior vice-president of corporate finance and strategy.
DAVID KNIBB/SEATTLE
Source: Airline Business