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Jan 22, 2026 at 8:05 AMAergo Capital has announced a planned leadership transition, with current Chief Executive Officer (CEO) Fred Browne (photo) stepping down from his position at the end of January. Browne, who has led the company since its founding in 1999, will be succeeded by Eugene O’Reilly, the current Chief Operating Officer (COO), who will serve as interim CEO. This decision is part of a structured succession plan to ensure the continuity and stability of the company.
Fred Browne has significantly contributed to the growth and success of Aergo Capital throughout his long career. Under his leadership, the company has developed into a major player in the aircraft leasing sector. To facilitate a smooth transition, Browne will leave the company at the end of the month.
Greg Belonogoff, Principal in Aviation Leasing at AB CarVal, commented on Browne’s resignation: “Fred has been instrumental in developing Aergo into the platform it is today. We are very grateful for his leadership and commitment since the acquisition by AB CarVal in 2014.” Belonogoff emphasized that this planned transition is a sign of the company’s long-term commitment to stability and growth.
Fred Browne himself stated: “It has been a privilege to lead Aergo Capital from the beginning and to be part of the impressive growth journey. I am proud of what we have achieved and thank the entire team for their hard work and dedication. I am confident that Aergo has a promising future ahead.”
Aergo Capital, based in Dublin, Ireland, is an aircraft leasing and asset management company that has been operating since 1999. Over the past 26 years, Aergo has established itself as a leading global platform, owning and managing over $5 billion in aircraft and operating in more than 40 countries. The company is among the four largest asset managers worldwide and has more than 300 years of collective experience in its management team.
AB CarVal, the parent company of Aergo, is a global alternative investment manager that has been active in various credit market cycles since 1987. The company has invested a total of $160 billion in 5,885 transactions across 82 countries and currently manages assets worth approximately $21 billion.







