Brian C. Schattle
Chief Financial Officer;
Rhode Island Airport Corporation
Date of Birth: 11-20-73
Years in Aviation: 8
Brian Schattle’s career in aviation began eight years ago in June of 2004 by joining the Rhode Island Airport Corporation (RIAC) as its chief financial officer. As RIAC’s CFO, he is responsible for accounting, finance, procurement, commercial programs, and information technology. Schattle continuously focuses on rightsizing RIAC to maintain its financial health while providing quality services and facilities for the traveling public.
As RIAC’s financial executive, Schattle led the issuance of two separate General Airport Revenue Bonds totaling over $166 million. These proceeds were used to finance significant capital improvement projects and to refinance existing bonds at lower interest rates. He also led the team that executed an innovative loan and issued special financing bonds that were crucial to the construction of the $267 million InterLink Facility at T.F. Green Airport.
Over the past eight years Schattle has been the financial lead on the teams that negotiated and implemented several major agreements with airlines, rental car companies, and concessionaires. The airline agreements balance the financial needs of the airport with the needs of the airlines. The rental car agreements contain financial terms and safeguards to ensure the continued success of the InterLink Facility and were necessary to secure its financing. New concession agreements allowed for a complete renovation of concepts at T.F. Green Airport. These agreements also contain important financial terms that share revenue during periods of growth and protect RIAC with minimum financial guarantees.
Schattle was honored to be named the 2012 CFO of the Year for Quasi Government Agencies by the Providence Business News.