University of Pennsylvania alumnus George Murnane, following the receipt of his Bachelor of Arts in Economics, launched his career in the financial services industry as an Assistant Secretary and Lending Officer with Chemical Bank. After four years with Chemical Bank (now JPMorgan Chase & Co.), George Murnane enrolled in The Wharton School’s Master of Business Administration program. While earning his MBA, George Murnane continued to gain experience in financial services and spent a summer as an Associate in the Mergers and Acquisitions division of Lazard Frères & Co. After completing his MBA (with Distinction), George Murnane joined Merrill Lynch & Co., Inc., where he was an Investment Banking Director in the firm’s Transportation Group.
For nearly a decade, George Murnane led transportation finance transactions related to public, private, and municipal debt, as well as stock and equity-linked financings. George Murnane also offered strategic advisory services in instances of mergers, acquisitions, and dispositions. After departing Merrill Lynch & Co., Inc., George Murnane turned his attention from investment banking to financial leadership within the airline industry. Initially joining Atlas Air, Inc. as Executive Vice President and Chief Operating Officer, George Murnane subsequently moved to International Airline Support Group, Inc. (IASG), which he served as Executive Vice President, Chief Operating Officer and Chief Financial Officer. In these positions, George Murnane negotiated aircraft and aircraft parts sales and acquisitions, as well as spearheading financial restructuring activities.
While at IASG, George Murnane, together with other IASG executives, founded North-South Airways, where he acted as Chief Operating Officer and Chief Financial Officer of the freight and passenger services carrier. In one year, George Murnane led fund-raising efforts that resulted in raising more than $1 million in private equity, recruited a management team without interrupting any services during leadership transfers, and implemented effective cost-reduction strategies to ensure the conservation of the company’s cash flow.
From IASG and North-South Airways, George Murnane joined Mesa Air Group, Inc., assuming the roles of Executive Vice President and Chief Financial Officer. Over the course of five years, he expanded company operations through key acquisitions and partnerships. George Murnane’s most recent appointment in the airline industry is with ImperialJet S.a.l where he serves as Group CEO and has overall strategic and operational responsibility for the Company’s staff, programs, expansion and mission execution, as well as for developing and implementing value added initiatives to grow the Company’s business.
In addition to his duties at ImperialJet, George Murnane also operates as a Managing Partner of Barlow Partners, LLC. Prior to joining ImperialJet, George Murnane was first with VistaJet, where he served as Chief Operating Officer and Acting Chief Financial Officer and, in less than a year, George Murnane increased the company’s capacity through fleet and services expansions, the opening of new locations, as well as a well-timed acquisition. Following VistaJet, George Murnane was CFO of Amiral Holdings, an Egyptian-based investment company where George Murnane advised on a number of investments operating on a global scale and across a number of economic sectors.
Leveraging more than three decades of experience to fulfill responsibilities for each of these roles, George Murnane provides each assignment with his expertise in financial enterprises, particularly in the areas of capital raising, mergers, and acquisitions.