Michael Kenning
In connection with this appointment, Michael Kenning will continue in his role as Global Controller and will no longer serve as the Company’s Interim Chief Accounting Officer effective June 17, 2026.
Highest-materiality recent filing
Madison Air raises $2.25B private placement to fund $5B ebm-papst acquisition
Private placement of 90,108,130 shares at $24.97/share raises ~$2.25B gross; closes Sept 1, 2026.
Madison Air to acquire ebm-papst for $5.4B; deal expected to close by Dec 31, 2026
Enterprise purchase price EUR 4,775M ($5.4B); effective price $5.0B after tax savings of EUR 371M.
Madison Air Q2 net sales up 21% to $991M; backlog surges 133% YoY
Net income of $70.5M (+129% YoY); adjusted net income $147.7M (+71%).
Madison Air Solutions appoints David Wisniewski as Chief Accounting Officer
David M. Wisniewski named CAO effective June 17, 2026; replaces Michael Kenning as interim CAO.
Madison Air Solutions refinances $1.345B term loan, cuts rate by 100 bps via Seventh Amendment
Reduced interest rate on $1.345B incremental term loan from Term SOFR + 2.75% to Term SOFR + 1.75%.
Madison Air Q1: Net sales +33.8%, adjusted EBITDA +38.7%; backlog +115.5% YoY
Net sales $923.7M, up 33.8% (12.5% pro forma); net income $43.0M, down 6.9%.
Madison Air completes IPO of 82.7M Class A shares at $27; concurrent $100M private placement
Priced 82.7M Class A shares at $27; underwriters exercised full option for 12.4M extra shares.
In connection with this appointment, Michael Kenning will continue in his role as Global Controller and will no longer serve as the Company’s Interim Chief Accounting Officer effective June 17, 2026.
Effective June 17, 2026, the Board of Directors of Madison Air Solutions Corporation (the “Company”) appointed David M. Wisniewski to the position of Chief Accounting Officer of the Company.
Max materiality 1.00 · Median 0.85 · Most common event m_and_a