BCC's Scott Scherer (l.) and Tim Myers

With looming issues like the potential customer impacts from the new Aircraft Sector Understanding (ASU), Boeing Capital has appointed Scott Scherer to a new position to strengthen its participation in global policy and regulatory issues. Scherer, as vice president for strategic regulatory policy and BCC senior vice president, is putting full-time focus on an area where he worked successfully before while also serving as the company’s aircraft financial services leader. Tim Myers, formerly BCC’s vice president for structured financing with AFS, has replaced Scherer in that assignment. Myers has a solid and extensive financing background and has worked in the industry since the mid 80s. Scherer has played a global role for Boeing and the broader aircraft financing community on several issues, including ASU and the Cape Town international treaty that reduces costs and risks for aircraft financiers. “These issues are significant enough that we asked Scott to move from his role of leading inside Boeing to that of leading outside,” said BCC president Mike Cave. “If we’re going to have fundamental changes in the regulatory framework, it’s imperative that they be measured and thoughtfully brought out. Scott’s expertise, credibility and work as co-chair of the Aviation Working Group (AWG) and with other associations will be invaluable to industry’s success in doing that."