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.
AeroX is a collaboration of business and government partners creating an advanced air mobility ecosystem.
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).
Aero X Ventures is an investment agency that provides investment capital to advanced air mobility industries and synergistic markets.
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
Novant Health Forsyth Medical Center is a Winston-Salem hospital providing emergency services, medical services, surgical services.
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.
B/E Aerospace is the worldwide leading manufacturer of aircraft passenger cabin interior products for the commercial and business jet
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
The Boston Company Asset Management is a financial services company that specializes in investment services.