Aergo Capital Announces Planned CEO Leadership Transition
21 January 2026 – Dublin, Ireland:
Aergo Capital, a leading global aircraft lessor and subsidiary of AB CarVal, today announced that Chief Executive Officer Fred Browne will step down from his role at the end of January as part of a structured and planned leadership transition. As part of this planned succession, Eugene O’Reilly, the current Chief Operating Officer, has been appointed as Acting CEO as the firm seeks to continue to build on the strong foundation Fred has developed.
Mr. Browne has had a long and successful career leading Aergo as Chief Executive Officer since it was founded in 1999. He has played a central role in the success and growth of the business. To ensure a seamless handover and continuity, Mr. Browne will transition out of the business at the end of this month.
“Fred has been instrumental in building Aergo into the world-class platform it is today, and we are immensely grateful for his leadership and dedication since AB CarVal acquired the business in 2014,” said Greg Belonogoff, Principal, Aviation Leasing, AB CarVal. ” This planned transition is a testament to our ongoing commitment to Aergo’s long-term stability and growth, as we continue to focus on delivering results for clients and investors.”
Fred Browne commented, “It has been a privilege to lead Aergo Capital from the very beginning, leading its incredible journey of growth. I am proud of what we have accomplished, and I want to thank the entire team for their hard work and commitment. I am confident that there is a bright future ahead for Aergo.”
For more information, please contact:
Paul Bradley, FleishmanHillard – Paul.bradley@omc.com +353 851744281
About Aergo Capital
Aergo Capital is an aircraft leasing and asset management company founded in Dublin, Ireland in 1999. Over the last 26 years, Aergo has established itself as a leading global platform with over $5bn worth of aircraft owned & managed, operating in over 40 countries around the world. Aergo is one of the top 4 asset managers globally with over 300 years of collective experience in Aergo’s senior management team.
About AB CarVal
AB CarVal is an established global alternative investment manager and part of AllianceBernstein’s Private Alternatives business. Since 1987, AB CarVal’s team has navigated through ever-changing credit market cycles, investing $160 billion in 5,885 transactions across 82 countries. Today, AB CarVal has approximately $21 billion* in assets under management. Additional information about AB CarVal may be found at www.abcarval.com.
*AUM is comprised of fee-earning AUM and fee-eligible AUM. Fee-earning AUM includes those assets currently qualified to generate management fees. Fee-eligible AUM includes capital that is committed to an AB CarVal Fund but is currently uncalled or recallable. The number represented here excludes assets under AB CarVal’s management that are not generating management fees due to the maturity of the Fund but includes amounts that do not generate management fees solely due to AB CarVal’s decision not to charge management fees.”
