End-to-end cabin-technology provider, Burrana has announced that David Withers, the company’s founder and CEO, will be moving to the role of non-executive chairman, with Neal Nordstrom taking the reins as CEO. As chairman, Withers will remain actively engaged in the business and will continue to help drive technology development and product positioning. Paul Margis will step down as chairman, but remain on the board.
Neal Nordstrom, a current Burrana board member, brings a background of leading companies through transition. As operating partner for JW Hill Capital, he focuses on helping newly acquired businesses make the transition to fully functioning, high-performance teams. He has also supported privately held, high-technology companies in southern California as a board member or advisor.
“It is of course with very mixed emotions that I make this announcement,” stated Withers. “For 12 years Burrana has been the single focus of my energy, but it is the right time for me personally and the right time for the company to have a new CEO. I thank Neal for accepting the challenge and assure all our customers, suppliers and partners that I remain fully engaged and committed.”
Nordstrom added, “I am inheriting from David a strong team and competitive product range. Our immediate focus is of course on navigating Covid-19 and coming out of it strong and ready to compete. Our recent award by Airbus as its IFEC supplier of the year is just one indication of the capabilities of this great company.”
According to Burrana, a seamless transition of responsibilities will take place over the next few weeks.