People: Air T Inc (AIRT.O)

AIRT.O on Consolidated Issue listed on NASDAQ Capital Market

11.88USD
25 Jul 2014
Price Change (% chg)

$-0.31 (-2.58%)
Prev Close
$12.19
Open
$12.21
Day's High
$12.21
Day's Low
$11.60
Volume
37,061
Avg. Vol
6,805
52-wk High
$13.30
52-wk Low
$9.77

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Summary

Name Age Since Current Position

Nicholas Swenson

45 2014 Chairman of the Board, Chief Executive Officer

John Parry

55 2013 Chief Financial Officer, Vice President - Finance

William Simpson

66 2013 Executive Vice President, Director

John Gioffre

69 2010 Independent Director

Biographies

Name Description

Nicholas Swenson

Mr. Nicholas John Swenson is Chairman of the Board, Chief Executive Officer of Air T, Inc. Mr. Swenson is a private investor and the founder and managing member of Groveland Capital, LLC, an investment management firm, and is also the managing member of AO Partners, LLC which is the general partner of AO Partners I, L.P., an investment fund. Prior to founding Groveland Capital, LLC in March 2009, Mr. Swenson served a portfolio manager and partner of Whitebox Advisors, LLC, an investment management firm, since September 2001. Mr. Swenson serves as a director and Chairman of the Board of Pro-Dex, Inc.

John Parry

Mr. John Parry is no longer Chief Financial Officer, Vice President - Finance of Air T, Inc., effective July 23, 2014. He has served as Vice President-Finance and Chief Financial Officer of the Company since November 2006 and as a director of the Company since September 2007. Mr. Parry also serves as Vice-President, Secretary/Treasurer and a director of MAC and CSA, Chief Financial Officer of MAC, GGS and GAS and as Vice President-Finance, Treasurer and Secretary of GGS and GAS. Mr. Parry is a Certified Public Accountant and served as Chief Financial Officer and a director for Empire Airlines, Inc., a privately held FedEx feeder airline, from 2001 until joining the Company.

William Simpson

Mr. William H. Simpson is no longer Executive Vice President, Director of Air T, Inc., effective August 1, 2014. He has served as Executive Vice President of the Company since June 1990, as Vice President from June 1983 to June 1990, and as a director of the Company since June 20, 1985. Mr. Simpson is also the President and a director of MAC, the Chief Executive Officer and a director of CSA and Executive Vice President of GGS.

John Gioffre

Mr. John J. Gioffre is Independent Director of Air T, Inc. Mr. Gioffre previously served as Vice President-Finance and Chief Financial Officer of the Company from April 1984 and as Secretary/Treasurer of the Company from June 1983 until his retirement from the Company in December 2006. Mr. Gioffre also previously served as a director of the Company from March 1987 through December 2006.

Basic Compensation

Name Fiscal Year Total

Nicholas Swenson

--

John Parry

241,613

William Simpson

506,696

John Gioffre

195,160
As Of 30 Mar 2013

Options Compensation

Name Options Value

Nicholas Swenson

0 0

John Parry

0 0

William Simpson

22,500 90,135

John Gioffre

16,000 18,250
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