People: Groen Brothers Aviation Inc (GNBA.PK)

GNBA.PK on OTC Markets Group

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19 Dec 2014
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Summary

Name Age Since Current Position

David Groen

61 2008 Chairman of the Board, President, Chief Executive Officer, Chief Financial Officer

Robert Wilson

76 2006 Chief Operating Officer, Executive Vice President, Director

Biographies

Name Description

David Groen

Mr. David L. Groen serves as Chairman of the Board, President, Chief Executive Officer, Chief Financial Officer of Groen Brothers Aviation, Inc. As a founder of Groen Brothers Aviation, David Groen has performed in an executive management role for over twenty-five years, nearly a decade and a half of which as its President and Chief Executive Officer. Following the completion of Phase I of the Heliplane contract and the onset of the current recession, Mr. Groen undertook another reduction in force, while at the same time arranging funding that would permit the Company to continue research and development on a smaller scale, while seeking funding for the full exploitation of its technology of autorotative flight. Immediately prior to forming Groen Brothers Aviation, David Groen was a founding partner and Chief Financial Officer for Seagull Recycling Company. Previously, he has held numerous executive positions in the helicopter industry with Sales and Marketing, Safety Officer, Branch Manager, and Chief Pilot responsibilities. Mr. Groen received his Certificate of Graduation in 1970 from the U.S. Army Warrant Officer Flight Training School, was awarded Army Aviator Wings and promoted to the rank of Warrant Officer. As a combat helicopter pilot and Aircraft Commander in Vietnam, he flew hundreds of combat sorties. He was qualified as a pilot in several American and French helicopters, and has attended Aerospatiale factory schools.

Robert Wilson

Mr. Robert H.H. Wilson is Chief Operating Officer, Executive Vice President, Director of Groen Brothers Aviation, Inc. He has had a long and prominent career in aviation. A U.S. citizen, he is a native of Ireland, but began his career with Rolls-Royce Aero-Engines in England, where he worked for eight years, obtaining his Engineering degree from Cambridge University. During this period he was a section leader on the development of the Tyne engine intended among other applications as the power plant for the Fairey Rotodyne, a commercial gyrodyne. Mr. Wilson left Rolls-Royce to attend graduate school, obtaining an MBA with High Distinction from Harvard University. From Harvard he joined TWA as a Financial Analyst, where over the following seventeen years he held several Vice President positions across many functional areas, including Planning, Marketing, Maintenance and Engineering and finally Senior Vice President, Operations. He left TWA to become President of the Long Island Rail Road, the nation’s oldest passenger carrying railroad. Mr. Wilson returned to aviation as President of Western Airlines, where he participated in the buildup of its Salt Lake City hub as part of the team that managed the turnaround of that carrier and merger with Delta. Later, he was appointed President of Burlington Air Express, before returning to Ireland, as Chief Technical Officer of Guinness Peat Aviation, an aircraft leasing company. In August 2001 he joined Groen Brothers Aviation as Chief Financial Officer and Head of Business Development. Late in 2003, he took on added responsibility for GBA and AAI Marketing and Sales, while relinquishing his CFO role. Subsequently, he was appointed Executive Vice President and Chief Operating Officer and joined the Board following the death of Jay Groen. Mr. Wilson is a Fellow of the Royal Aeronautical Society.

Basic Compensation

Name Fiscal Year Total

David Groen

310,000

Robert Wilson

285,000
As Of 29 Jun 2012

Options Compensation

Name Options Value

David Groen

10,600,000 25,000

Robert Wilson

7,750,000 0
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