---
schema_version: "secwatch.filing_event.v1"
accession: "0001819516-25-000011"
form_type: "8-K"
ticker: "UP"
cik: "0001819516"
company_name: "Wheels Up Experience Inc."
filed_at: "2025-03-11T23:59:59+00:00"
generated_at: "2026-05-24T23:53:32.038232+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Wheels Up names John Verkamp as CFO; adds 18 Phenom jets, first Challengers by April 1

## Summary
- John Verkamp appointed CFO, effective March 31, 2025; previously VP/CFO of GE Vernova Gas Power Global Services.
- Verkamp base salary $550,000, target annual bonus 100% of salary, plus 20 flight hours/year on King Air 350i.
- Wheels Up added 18 Phenom 300E jets to controlled fleet; first Challenger 3500 expected in service by April 1, 2025.
- Eric Cabezas transitions from interim CFO back to SVP of Finance; served since February 2019.

## SEC filing metadata
- accession: 0001819516-25-000011
- form_type: 8-K
- ticker: UP
- cik: 0001819516
- company_name: Wheels Up Experience Inc.
- filed_at: 2025-03-11T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819516/000181951625000011/0001819516-25-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819516/000181951625000011/up-20250311.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819516-25-000011
- JSON: https://secwatch.observer/filing/0001819516-25-000011.json
- Plain text: https://secwatch.observer/filing/0001819516-25-000011.txt

## Key facts
- Executive change
  Eric Cabezas changed role as Senior Vice President of Finance at Wheels Up Experience Inc..
  - Action: transitioned
  - Role: Senior Vice President of Finance
  source text: Eric Cabezas will continue to serve as the Company’s Interim Chief Financial Officer and principal financial officer until the Start Date, and thereafter it is anticipated that he will continue as the Company’s Senior Vice President of Finance, a role he has held since February 2019.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819516/000181951625000011/0001819516-25-000011-index.htm
- Executive change
  John Verkamp was appointed as Chief Financial Officer at Wheels Up Experience Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On March 11, 2025, Wheels Up announced that the Company’s Board of Directors (the “Board”) has appointed John Verkamp to serve as Chief Financial Officer and principal financial officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819516/000181951625000011/0001819516-25-000011-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.