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Michael Baughan

General Partner at AERO X VENTURES

Winston-Salem, North Carolina

Overview

Work Experience

  • Executive Board

    2015 - Current

    NY based PE sector fund focused on Aerospace, Transportation and Logistics. I serve on the fund's investment committee, assist with deal diligence, sourcing and strategy, and advise/assist portfolio company management as needed.

  • Board Chair

    2019

    AeroX is a state-funded collaboration of industry and government partners committed to the safe and efficient commercialization of Advanced Air Mobility technologies in North Carolina and the nation.

  • Co-founder and General Partner

    2020

    Aero X Ventures is a specialized early-stage venture firm investing in innovative technologies that are transforming Aerospace and Defense (A&D).

  • Director

    2019

    Valence is the world’s largest independent provider of aerospace and defense metal finishing services. With nine facilities, 750,000+ sq. ft. of manufacturing space, and over 3,500 unique industry approvals, processing more than 12 million parts per year.

  • Founder / Partner

    2011

    Provide private investment and strategic advisory services to aerospace and industrial manufacturing and services industries. Clients include private equity sponsors and industrial corporations.

  • Chairman

    2013 - 2016

    Noranco is a world class, integrated manufacturer and solutions provider to the international commercial and military aerospace sectors. Core products include Aero-Structure, Landing Gear and Aero Engine precision components and complex assemblies. Successful sale to Precision Cast Parts (PCC) in late 2015.

  • Chairman, Board of Trustees

    2006 - 2015

    Novant is a $3.5B integrated healthcare system with operations in the Southeastern United States. Audit (Chair) and Comp/Leadership Committees. Board Chair from 2013-2014

  • President & Chief Operating Officer

    2005 - 2011

    B/E Aerospace (NASDAQ BEAV) is the largest global supplier of cabin interior products for commercial and business jet aircraft, and the leading distributor of aerospace fasteners and consumables. (B/E's interior businesses have since been acquired by Rockwell Collins, and the consumables business by Boeing). P&L responsibility for 16 SBU's and 6,500 employees of a $2+ billion public company. Tripled enterprise value to over $5 billion. Expanded international markets to represent more than 50% of revenue.

  • SVP & GM Commercial Aircraft Segment

    2002 - 2005

    P&L responsibility for the company's largest business segment consisting of six global business units, 3,000 employees and eight manufacturing facilities. Grew sales 40% with an 800 basis point improvement in operating margin.

  • VP & GM, Seating Products Group

    1999 - 2002

    P&L responsibility for $250M global business unit. Successfully integrated four independent aircraft seating businesses in the US and Europe, which had been acquired as independent competitors.

  • President

    1990 - 1993

    Acquired with partners a small bankrupt building controls supplier. Transformed business into a profitable niche supplier to the telcom industry.

  • Mgr. Strategic Initiatives

    1986 - 1990

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