Maurer Moves To New Post With Diamond

Gemini Sparkle

Key Takeaways:

  • Peter Maurer is retiring as CEO of Diamond Canada, with Scott McFadzean promoted to CEO and Kevin Sheng appointed as COO.
  • Maurer will transition to a new role focusing on senior global strategy and business development for the newly reunited Diamond Aircraft Industries.
  • These personnel changes follow Wanfeng Corporation's reunification of Diamond's Canadian and European operations, aiming to grow global business and optimize combined resources.
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Peter Maurer is retiring as CEO of Diamond Canada and moving to a new role in “senior global strategy and business development” according to a news release from the newly reunited Diamond Aircraft Industries. Earlier this month, Wanfeng Corporation took over control of Diamond’s European operations, a year after acquiring the Canadian assets in London, Ontario. The move resulted in the staff shuffle and now Scott McFadzean, the previous chief operations officer, has moved into Maurer’s role. Kevin Sheng is the new COO.

Bin Chen, Chairman of Diamond Aircraft, said the goal of the company is to “grow Diamond’s global business” and the new appointments are part of that strategy. “The announced personnel changes will support these efforts, especially with regard to making best combined use of all our global resources,” said Bin. Maurer said Diamond Canada is “in most capable hands” with McFadzean’s promotion and the recent moves assure “the long-term success of our company.”

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