8-K
filed June 5, 2024, 7:59 PM ET
CIK 0000894081
leadership
confidence high
sentiment neutral
materiality 0.65
ATSG appoints Hete as Executive Chairman, Berger as CEO, Dominick as President
Air Transport Services Group, Inc.
- Joe Hete appointed Executive Chairman; Mike Berger appointed CEO and joins Board; Jeffrey Dominick appointed President.
- Dominick resigns from Board; Berger fills vacancy; Board continues with nine directors.
- Berger's base salary raised to $750k, target bonus 110% of salary; eligible for LTI grants from 2025.
- Dominick's base salary $600k, target bonus 60%, restricted stock grant of $600k vesting in three years.
- Hete retains $750k salary, 115% bonus target; will not participate in LTI grants starting 2025.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Michael L. Berger was appointed as Chief Executive Officer at Air Transport Services Group, Inc..
- Action
- appointed
- Role
- Chief Executive Officer
Exact text from the filing
Michael L. Berger, then serving as President, as Chief Executive Officer and a member of the Board;
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jeffrey A. Dominick resigned as Director at Air Transport Services Group, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
In connection with his appointment, Mr. Dominick resigned as a member of the Board, and Mr. Berger was elected to fill the resulting vacancy
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jeffrey A. Dominick was appointed as President at Air Transport Services Group, Inc..
- Action
- appointed
- Role
- President
Exact text from the filing
Jeffrey A. Dominick, then serving as a member of the Board, as President.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Michael L. Berger was elected as Director at Air Transport Services Group, Inc..
- Action
- elected
- Role
- Director
Exact text from the filing
In connection with his appointment, Mr. Dominick resigned as a member of the Board, and Mr. Berger was elected to fill the resulting vacancy
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Joseph C. Hete was appointed as Executive Chairman at Air Transport Services Group, Inc..
- Action
- appointed
- Role
- Executive Chairman
Exact text from the filing
On June 3, 2024, the Board of Directors (the "Board") of Air Transport Services Group, Inc. (the "Company") appointed, effective immediately: Joseph C. Hete, then serving as Chairman of the Board and Chief Executive Officer, as Executive Chairman;
View on SEC.gov
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