Bristow Group Announces Planned Retirement of Chief Operating Officer, Government Services

Bristow Group (NYSE: VTOL) announced that Alan Corbett, Chief Operating Officer, Government Services, intends to retire at the end of 2026 and will remain in his role until a successor is appointed.

Rhea-AI Summary

Bristow Group (NYSE: VTOL) announced that Alan Corbett, Chief Operating Officer, Government Services, intends to retire at the end of 2026 and will remain in his role until a successor is appointed. The company has launched a global search with an international executive search firm to manage a structured leadership transition.

Corbett joined Bristow in 2014, was named COO, Government Services in February 2023, and helped secure major long-term contracts including the UK Search and Rescue Second-Generation program, the Irish Coast Guard, and the Netherlands and Dutch Caribbean Coast Guard programs.

Positive

• Secured major long-term contracts: UK SAR Second-Generation
• Won Irish Coast Guard contract and Netherlands/Dutch Caribbean programs
• Corbett's tenure at Bristow since 2014 provides continuity

Negative

• COO retirement effective end of 2026 may create leadership gap
• Pending successor search could disrupt Government Services operations

Argus Apr 20 session

-1.98% close to close Open Argus

Details

News Market Reaction – VTOL

On Apr 20, the day this news came out, VTOL closed 1.98% below the previous close.

Data tracked by StockTitan Argus for the Apr 20 session.

Market Context

This announcement details the planned year-end retirement of Bristow’s COO, Government Services, wit...

Analysis

This announcement details the planned year-end retirement of Bristow’s COO, Government Services, with an orderly transition and a global search for a successor. It underscores his role in securing long-term government contracts and expanding the portfolio, while signaling continuity until a replacement is named. Investors may contextualize this with VTOL’s recent positive news flow, including solid 2025 results and refinancing actions, and monitor how leadership changes intersect with execution in Government Services.

Key Figures

Joined Bristow: 2014 Current role start: February 2023

Joined Bristow

2014

Year Alan Corbett joined the company

Current role start

February 2023

Appointed COO, Government Services

Historical Context

5 past events · Latest: Feb 25

5 events

1. Feb 25

   Earnings results

   24h Move

   +2.8%

   Reported 2025 results, affirmed 2026 outlook, detailed refinancing and dividend.

2. Feb 23

   Leadership change

   24h Move

   +0.4%

   Appointed Anne Rappold as Chief Legal Officer and Corporate Secretary.

3. Feb 17

   Earnings call notice

   24h Move

   +4.1%

   Announced timing for Q4 and full-year 2025 earnings release and call.

4. Feb 02

   Operational milestone

   24h Move

   +0.7%

   Participation in Norway’s first electric aviation demonstration test project.

5. Jan 26

   Debt financing

   24h Move

   +1.8%

   Closed $500M 6.750% notes due 2033 and extended ABL facility to 2031.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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HOUSTON, April 20, 2026 /PRNewswire/ -- Bristow Group Inc., (NYSE: VTOL), the global leader in innovative and sustainable vertical flight solutions, today announced that Alan Corbett, Chief Operating Officer, Government Services, has informed the Company of his intention to retire at the end of this year. Corbett will remain in his role through the appointment of a successor and will support a structured leadership transition.

"Alan's leadership has been instrumental in strengthening and growing our Government Services business," said Chris Bradshaw, Bristow President and Chief Executive Officer. "Under his direction, we secured important long-term contracts and reinforced the Company's position as a trusted partner to government agencies. We are grateful for Alan's commitment and the lasting impact he has made on Bristow, and we wish him the very best in his retirement."

Corbett joined Bristow in 2014 and has held several senior leadership positions across the Company's international operations, including Region Director of the Europe Business Unit, Region Director of the Europe Caspian Region, Vice President of EAMEA, and Senior Vice President for Europe, Africa, Middle East, Asia, and Search and Rescue. He was appointed to his current role of Chief Operating Officer, Government Services, in February 2023.

During his tenure, Corbett played a significant role in expanding the Company's Government Services portfolio. Under his leadership, Bristow secured major long-term contracts including the UK Search and Rescue Second-Generation program, the Irish Coast Guard contract, and the Netherlands and Dutch Caribbean Coast Guard programs.

The Company has initiated a comprehensive global search process with an experienced, international executive search firm to support the effort.

About Bristow Group

Bristow Group Inc. is the leading global provider of innovative and sustainable vertical flight solutions. We primarily provide aviation services to a broad base of offshore energy companies and government entities. Our aviation services include personnel transportation, search and rescue ("SAR"), medevac, fixed-wing transportation, unmanned systems and ad hoc helicopter services. Our energy customers charter our helicopters primarily to transport personnel to, from and between onshore bases and offshore production platforms, drilling rigs and other installations. Our government customers primarily outsource SAR activities whereby we operate specialized helicopters and provide highly trained personnel. Our other services include fixed-wing transportation services through a regional airline in Australia and dry-leasing aircraft to third-party operators in support of other industries and geographic markets.

Bristow currently has customers in Australia, Brazil, Canada, Chile, the Dutch Caribbean, the Falkland Islands, Ireland, the Netherlands, Nigeria, Norway, Spain, Suriname, Trinidad and Tobago, the United Kingdom ("UK") and the United States ("U.S."). To learn more, visit our website at www.bristowgroup.com.

View original content:https://www.prnewswire.com/news-releases/bristow-group-announces-planned-retirement-of-chief-operating-officer-government-services-302746700.html

SOURCE Bristow Group

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When will Alan Corbett retire from Bristow (NYSE: VTOL)?

He intends to retire at the end of 2026 and will stay through transition. According to the company, Corbett will remain in his role until a successor is appointed to support a structured handover.

What role did Alan Corbett hold at Bristow (VTOL) and when was he appointed?

Corbett serves as Chief Operating Officer, Government Services, appointed in February 2023. According to the company, he joined Bristow in 2014 and held multiple senior international leadership positions before his current role.

How will Alan Corbett's retirement affect Bristow's Government Services contracts (VTOL)?

The company initiated a global executive search to maintain continuity and support contracts. According to the company, Corbett will support a structured leadership transition to minimize disruption to government programs and deliveries.

Which major contracts did Alan Corbett help secure for Bristow (VTOL)?

Corbett played a significant role in winning UK Search and Rescue SGen and multiple coast guard programs. According to the company, these include the Irish Coast Guard and the Netherlands and Dutch Caribbean Coast Guard programs.

What is Bristow's plan to replace the COO, Government Services (VTOL)?

Bristow has begun a comprehensive global search with an international executive search firm. According to the company, the process is intended to identify a successor while Corbett remains to support transition and continuity.