secwatch.observer — SEC 8-K summary
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Issuer:     Air Transport Services Group, Inc. (—)
CIK:        0000894081
Form:       8-K
Filed at:   2024-06-05T23:59:59+00:00
Accession:  0001437749-24-019286
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ATSG appoints Hete as Executive Chairman, Berger as CEO, Dominick as President
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/894081/000143774924019286/0001437749-24-019286-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/894081/000143774924019286/atsg20240604_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-019286

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