Air Transport Services (ATSG) just unveiled an announcement.
Air Transport Services Group, Inc. has announced significant leadership changes: Joseph C. Hete transitions from Chairman and CEO to Executive Chairman, Michael L. Berger is promoted from President to CEO and joins the Board, and Jeffrey A. Dominick steps up as the new President. These strategic appointments come with tailored compensation packages, including salary adjustments and bonus opportunities, to align with their new roles. The company assures that these shifts in executive positions are not due to any internal disagreements and aims to maintain its nine-director Board structure, continuing its commitment to strong governance and strategic growth in the aviation sector.
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