AerSale co-founder Robert Nichols retires as EVP Vice Chairman Dec 31; stays on Board

AerSale Corp

Nichols will retire from his roles as Executive Vice Chairman and Division President of Asset Management effective Dec 31, 2023.
He will remain on the Board as a non-employee director starting Jan 1, 2024, receiving $75,000 cash retainer and $125,000 annual RSU grant.
Nichols co-founded AerSale in 2008 and led asset management, M&A, and partner agreements.
No committee assignment currently anticipated for his board service.

item 5.02 item 8.01 item 9.01

Executive movements

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

Role change

Robert Nichols

Executive Vice Chairman and Division President of Asset Management

ASLE · AerSale Corp

Effective: 2023-12-31
Filed: November 22, 2023, 6:59 PM ET

Robert Nichols, Executive Vice Chairman, and Division President of Asset Management of AerSale Corporation (the “Company”) and employee member of the Board of Directors of the Company (the “Board”), notified the Company of his decision to retire from his position as Vice Chairman, and Division President of Asset Management of the Company effective December 31, 2023, however, as approved by the Board upon recommendation from the Board’s Nominating and Corporate Governance Committee, Mr. Nichols will remain on the Board as a compensated non-employee director as of January 1, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert Nichols retired as Executive Vice Chairman and Division President of Asset Management at AerSale Corp.

Action: retired
Role: Executive Vice Chairman and Division President of Asset Management

Exact text from the filing

Robert Nichols, Executive Vice Chairman, and Division President of Asset Management of AerSale Corporation (the “Company”) and employee member of the Board of Directors of the Company (the “Board”), notified the Company of his decision to retire from his position as Vice Chairman, and Division President of Asset Management of the Company effective December 31, 2023, however, as approved by the Board upon recommendation from the Board’s Nominating and Corporate Governance Committee, Mr. Nichols will remain on the Board as a compensated non-employee director as of January 1, 2024.

View on SEC.gov

AerSale Corp filing history →

Source: SEC EDGAR

accession 0001558370-23-019311

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.