Member Details

RAE E. BUCK III

PROFESSIONAL EXPERIENCE

AVIATION ADVISORS GROUP                                                                                               Cincinnati, OH
Managing Director                                                                                                            April 2010-Current
•     Identify, negotiate, fund and close aircraft acquisitions (21 acquired for AAG book)
•     Provide aircraft inspection, appraisal and remarketing services (evaluate over $2.1B annually)
•     Evaluate transactions in distress and negotiate solutions with stakeholders
•     Provide financing solutions for new transactions


PNC EQUIPMENT FINANCE - NATIONAL CITY EQUIPMENT FINANCE                            Cincinnati, OH
Senior Vice President                                                                                                 June -2004-April 2010
•     Generated new business annually (averaged 135% of target -President’s Club all eligible years))
•     Accountable for equipment risk in large ticket and leverage lease portfolios
•     Appraised and evaluated all new aircraft transactions (over $1.5B reviewed annually)
•     Supervised a staff of seven equipment leasing professionals
•     Appraised, evaluated and reported (internal and external) on risk in all transactions over $5mm quarterly
•     Remarketed any assets over $1mm and directed all large ticket and leverage workouts


PROVIDENT COMMERCIAL GROUP                                                                                    Cincinnati, OH
Vice President                                                                                                   December 1997–June 2004
•     Remarketed a broad group of aircraft including aircraft, railcars, manufacturing and marine equipment
•     Managed all workout functions including restructure, repossession, and litigation ($210mm in 2016-2003)
•     Provided timely and accurate collateral policies, pricing and forecasting analysis for all transactions
•     Supported internal customers by providing asset appraisals and industry evaluations for Bank groups
•     Forecasted and was accountable for various budgets and reports presented to senior Bank management.
•     Generated $10mm of annual new transactions for the Provident portfolio.


BANCBOSTON LEASING                                                                                                         Boston, MA
Equipment Manager                                                                                     August 1996 -December 1997
•     Evaluated and recommended equipment risk for a wide variety of aircraft for pricing of new transactions
•     Managed diverse equipment leasing portfolio
•     Developed industry- specific equipment reviews to inform sales staff of effective date markets and trends


BTM CAPITAL CORPORATION                                                                                              Boston, MA
Capital Equipment Officer                                                                              August 1989-August 1996
•     Negotiated end of lease termination and asset sales for single investor and leverage lease accounts
•     Presented residual pricing analysis for new transactions (all asset classes).
•     Performed equipment inspections and generated appraisals for internal use and syndication
•     Developed and implemented various databases for assessing equipment values and trends

EDUCATION
BABSON COLLEGE                                                                                                             Wellesley, MA
Master of Business Administration, Concentration-Finance May 1997
Bachelor of Science, Finance & Economics May 1989

AMERICAN SOCIETY OF APPRAISERS    Accredited Senior Appraiser & Aviation Designation