People | Private Equity | Capital Markets

Breitling Taps New Managing Director of Strategic Development

Share Print Bookmark    |    Tuesday,June 17,2014

Breitling Energy Corporation has reported that, as of June 1, 2014, David Kovacs will act as Managing Director of Strategic Development. Mr. Kovacs will help executive management with strategic alliances.

He is also currently the head of Investment Banking, Private Equity and Research for the Americas for Fitch Learning (Fitch Ratings). Prior to Fitch, Mr. Kovacs was a Managing Director at The Hinduja Group, one of the largest diversified finance groups in the world with over $50 billion under management, where he spearheaded the group's private equity investments and strategic relationships. He has held various Investment Banking and Private Equity roles at Blackstone Group and Citigroup.

Mr. Kovacs has and continues to lecture at many of the leading investment banks, private equity firms, sovereign wealth funds and government agencies, including the Securities & Exchange Commission, New York City Controller Office, Abu Dhabi Investment Authority, JP Morgan Chase, Barclays, Citigroup, RBC, RBS, Lazard, Morgan Stanley and Deutsche Bank. Mr. Kovacs earned a bachelor's degree with a double major in Economics and Finance, and a minor in Accounting and Political Science, where he completed all University course requirements in two years. He attended Columbia University and the City University of New York.

Kovacs commented: "I am very pleased and honored to be joining Breitling Energy. I look forward to working with Breitling team members worldwide to build upon the Company’s excellent reputation, and to help fuel growth and long-term performance through innovation and relentless focus. It’s an exciting time to be joining Breitling."

Chris Faulkner, Breitling’s Chief Executive Officer, President and Chairman, stated: "We are pleased to add David Kovacs to the Breitling team and look to his experience for continued superior results for Breitling."