PASSUR adds 3 execs to management team

PASSUR Aerospace, Inc. (OTC: PSSR) has added three senior additions to its management team to support the company´s long-term strategic plan to drive customer value and company revenue growth, the company said.

Matthew A. DeLellis has been hired as chief growth officer, Louis J. Petrucelly has been hired as senior vice president and chief financial officer, and David M. Henderson has been promoted to chief product officer.

DeLellis joins PASSUR as chief growth officer, where he will be responsible for providing broader and more complete customer solutions through partnerships and alliances. He was previously senior vice president of strategy & corporate development at Landmark Aviation.

Petrucelly rejoins PASSUR after spending almost 10 years at FalconStor Software, Inc., as executive vice president, chief financial officer and treasurer. Prior to FalconStor, he spent time in senior financial positions at both Granite Broadcasting Corporation and PASSUR, where he was CFO from 2002 to 2004.

Henderson joined PASSUR last year as chief financial officer and is moving into the newly created role of chief product officer, where he will work with PASSUR´s sales, account management, product management, and marketing teams to drive the execution of PASSUR´s strategic plan, improve product positioning and commercialization, and articulate PASSUR´s solutions´ value to the marketplace.

PASSUR Aerospace, Inc. is a business intelligence company providing predictive analytics and decision support technology for the aviation industry to improve the operational performance and cash flow of airlines and the airports where they operate.