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Re: fink post# 270113

Thursday, 04/11/2013 10:08:42 AM

Thursday, April 11, 2013 10:08:42 AM

Post# of 375420
Good DD is hard to come by...

Yeah, the Accountable Manager (edit: and partner as well) is a mere peon.

http://www.linkedin.com/pub/randy-carsten/1b/a19/52

Seems Mr. Carsten is a Partner as well…

http://www.netprospex.com/people/Randy-Carsten/15098993

"The term 'Accountable Manager' may be used to describe the single individual who is designated as the person responsible to a Regulatory Authority in respect of the functions which are subject to regulation, and carried out by an aircraft operator, an air navigation service provider, an aircraft maintenance and repair organisation or an airport operator. That person is normally expected to be the person who has corporate authority for ensuring that all operations activities can be financed and carried out to the standard required by the Regulator."

"An Accountable Manager must be the person with overall executive responsibility for the operation of the regulated organisation. In many cases, this will mean a person who also sits on the Board of the Company or on the equivalent non corporate body"

http://www.skybrary.aero/index.php/Accountable_Manager

the nominee has • appropriate seniority in the organisation; • adequate input into the determination of operating budgets; • autonomy in financing operations to the required standards

http://www.caa.co.uk/docs/1196/20101004AccountableManager.pdf

Seems this position Mr. Carsten holds is one of great importance within a small private company and his input on potential mergers would be crucial.

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