Sky Harbour appoints new COO, raises Dallas-Addison Phase 1 budget to $30-32M

Sky Harbour Group Corp

COO Alexander Saltzman stepped down Dec 31, 2023; unvested incentive units fully vest, RSUs forfeited.
Will Whitesell appointed COO effective Jan 3, 2024; $500K base salary, target bonuses up to 300% of salary, $1.1M RSU grant.
Loren Benedict joins as chief of operations at subsidiary RapidBuilt, bringing PEMB experience.
Dallas-Addison Phase 1 budget increased to $30-32M from $25-27M due to owner-initiated improvements; funded from corporate cash.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Alexander Saltzman

Chief Operating Officer

SKYH · Sky Harbour Group Corp

Effective: 2023-12-31
Successor: Willard Whitesell
Filed: January 3, 2024, 6:59 PM ET

On December 31, 2023, Sky Harbour Group Corporation (the “Company”) and Sky Harbour LLC (“Sky”), a subsidiary of the Company, reached a mutual agreement with Alexander Saltzman, Chief Operating Officer of the Company and Sky, that Mr. Saltzman would step down from such positions, effective December 31, 2023

Appointed

Willard Whitesell

Chief Operating Officer

SKYH · Sky Harbour Group Corp

Effective: 2024-01-03
Filed: January 3, 2024, 6:59 PM ET

On November 21, 2023, the Compensation Committee (the “Compensation Committee”) of the Board of Directors of the Company (the “Board”) appointed Willard Whitesell as the Company’s Chief Operating Officer, effective as of his first date of employment, January 3, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Alexander Saltzman departed as Chief Operating Officer at Sky Harbour Group Corp.

Action: stepped down
Role: Chief Operating Officer

Exact text from the filing

On December 31, 2023, Sky Harbour Group Corporation (the “Company”) and Sky Harbour LLC (“Sky”), a subsidiary of the Company, reached a mutual agreement with Alexander Saltzman, Chief Operating Officer of the Company and Sky, that Mr. Saltzman would step down from such positions, effective December 31, 2023

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Willard Whitesell was appointed as Chief Operating Officer at Sky Harbour Group Corp.

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

On November 21, 2023, the Compensation Committee (the “Compensation Committee”) of the Board of Directors of the Company (the “Board”) appointed Willard Whitesell as the Company’s Chief Operating Officer, effective as of his first date of employment, January 3, 2024.

View on SEC.gov

Sky Harbour Group Corp filing history →

Source: SEC EDGAR

accession 0001437749-24-000437

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