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Lockton Cos. L.L.C. has named Peter Schmitz senior vice president and aviation practice leader, a newly created position.
The hire is part of Lockton's plan to expand its services to aviation clients including corporate aircraft, aircraft management and charter, aircraft parts and component manufacturers, airport operations including fixed-base operators, aircraft repair and overhaul, as well as passenger and cargo airlines, Lockton said Monday in a statement.
Previously, Mr. Schmitz was CEO of Aon P.L.C.'s global aviation specialty business, according to the statement.
Mr. Schmitz is based in Miramar, Florida.
W.R. Berkley Corp. on Monday said it has an agreement to sell a wholly owned investment, Aero Precision Industries, and certain related aviation services businesses.
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