Joe Cohen joined U.K.-based tech-focused on-demand charter broker Victor in May and he has apparently departed. At the time, the former Match.com executive replaced Victor founder Clive Jackson who had become CEO of a newly formed holding company, Alyssum Group back in January. In June, Victor announced the launch of Alto, a frequent flier program for its private jet charter customers.
In a statement provided to Private Jet Card Comparisons, the company said, “Joe Cohen has decided to leave the business at the end of his contract term this year to pursue other career opportunities. Founder Clive Jackson re-fills the role of CEO, maintaining Victor’s focus on delivering world-class air charter in a variety of fields and channels. Victor wishes Joe well with his future endeavors.”
Before joining Victor, Cohen was co-founder Property.Works, a commercial property marketplace providing transparency and convenience for SME businesses seeking new workspace. Before that he was founder-CEO of online ticket marketplace Seatwave, establishing a mainstream model for the buying and selling of tickets to sports, music and cultural events before its acquisition by Live Nation Entertainment-owned Ticketmaster in 2014. Cohen was also Global COO of Match.com, responsible for the operation and technology-driven expansion of several online dating businesses across 43 countries and 18 languages.
While Cohen’s marriage with Victor was brief, his departure comes at a time of merger and acquisitions within the private aviation space. Last month, VistaJet’s newly formed parent company announced it had signed a deal to acquire XOJET and weeks earlier Kenn Ricci’s Directional Aviation snapped up U.K. tech-driven charter broker PrivateFly adding it alongside Flexjet, Sentient Jet and Skyjet.
The creation of Alyssum Group followed Victor’s BP Ventures-led Series B investment round of $20 million in September 2017 bringing with it $18 million dollars in additional capital as part of an “acquisitive strategy within the general aviation sector.” Officials at Victor did not provide any other comment on future plans.