Edition:
United States

Air Transport Services Group Inc (ATSG.OQ)

ATSG.OQ on NASDAQ Stock Exchange Global Select Market

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22 Nov 2017
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Summary

Name Age Since Current Position

Randy Rademacher

60 2015 Independent Chairman of the Board

Joseph Hete

62 President, Chief Executive Officer, Director; Chief Executive Officer of ABX Air, Inc.

Quint Turner

54 2008 Chief Financial Officer of the Company and ABX Air, Inc.

Richard Corrado

57 2017 Chief Operating Officer

W. Joseph Payne

53 2016 Senior Vice President, Corporate General Counsel, Secretary and Chief Legal Officer

Raymond Johns

62 2017 Director

Richard Baudouin

65 2013 Independent Director

John Teets

44 2009 Independent Director

Jeffrey Vorholt

64 2004 Independent Director

Biographies

Name Description

Randy Rademacher

Mr. Randy D. Rademacher is Independent Chairman of the Board of the Company. He is Senior Vice President, Chief Financial Officer, of Reading Rock, Inc. He has served as the Senior Vice President, Chief Financial Officer, of Reading Rock, Inc., a privately owned manufacturer and distributor of concrete products and other building materials, since 2008. Mr. Rademacher was formerly the Chief Financial Officer for The Armor Group, a privately owned manufacturer of industrial and commercial products, from 2006 to 2008. He also served as the President of Comair Holdings LLC, from 1999 to 2005. During his career at Comair Holdings LLC, Mr. Rademacher also held a number of other positions, including Senior Vice President and Chief Financial Officer from 1993 to 1999, Vice President of Finance from 1989 to 1993, Controller from 1986 to 1989, and Director of Corporate Finance from 1985 to 1986. Prior to that, Mr. Rademacher was a CPA for Arthur Andersen & Co. from 1979 to 1985. He has been Chairman of the Company’s Board since May 2015 and a director of the Company since December 2006. He also serves as a member of the Nominating and Governance Committee and the Audit Committee.

Joseph Hete

Mr. Joseph C. Hete is the President, Chief Executive Officer, Director of Air Transport Services Group, Inc., and Chief Executive Officer of ABX Air, Inc., a subsidiary of Air Transport Services Group Inc. He was the President of ABX Air, Inc. from January 2000 to February 2008 and the Chief Operating Officer of ABX Air, Inc. from January 2000 to August 2003. From 1997 until January 2000, he held the position of Senior Vice President and Chief Operating Officer of ABX Air, Inc. Mr. Hete served as Senior Vice President, Administration, of ABX Air, Inc. from 1991 to 1997, and Vice President, Administration, of ABX Air, Inc. from 1986 to 1991. He joined ABX Air, Inc. in 1980. Among other qualifications, Mr. Hete brings to the Board a deep and extensive knowledge of the air cargo industry and the day-to-day operations of the Company through his years in various senior business leadership roles with the Company, including as Chief Executive Officer. He is able to keep the Board of Directors informed on the current state of the Company by serving as a director.

Quint Turner

Mr. Quint O. Turner is the Chief Financial Officer of Air Transport Services Group, Inc., and Chief Financial Officer of ABX Air, Inc., a subsidiary of Air Transport Services Group Inc. Mr. Turner was Vice President of Administration of ABX Air, Inc. from February 2002 to December 2004. Mr. Turner was Corporate Director of Financial Planning and Accounting of ABX Air, Inc. from 1997 to 2002. Prior to 1997, Mr. Turner held positions of Manager of Planning and Director of Financial Planning of ABX Air, Inc. Mr. Turner joined ABX Air, Inc. in 1988.

Richard Corrado

Mr. Richard Francis Corrado is Chief Operating Officer of the company. He has served since 2010 as the Chief Commercial Officer of ATSG and as the President of its Cargo Aircraft Management, Inc. and Airborne Global Solutions, Inc. subsidiaries. As Chief Operating Officer, Mr. Corrado assumes responsibility for the operating units of ATSG, including its cargo airlines and aircraft maintenance businesses.

W. Joseph Payne

Mr. W. Joseph Payne is Senior Vice President, Corporate General Counsel, Secretary and Chief Legal Officer of Air Transport Services Group, Inc. He is also the Vice President, General Counsel and Secretary of ABX Air, Inc., a subsidiary of Air Transport Services Group Inc. Mr. Payne was Corporate Secretary/Counsel of ABX Air, Inc. from January 1999 to January 2004, and Assistant Corporate Secretary from July 1996 to January 1999. Mr. Payne joined ABX Air, Inc. in April 1995.

Raymond Johns

Mr. Raymond E. Johns is Director of the company. He led the U.S. Air Force Air Mobility Command at Scott Air Force Base in Illinois until his retirement with the rank of General in January 2013, capping a 36-year military career. He is currently Executive Vice President of FlightSafety International Inc. headquartered in New York, where he leads the design, manufacture, and support of flight simulation equipment and flight training services to government and military organizations worldwide.

Richard Baudouin

Mr. Richard M. Baudouin is Independent Director of Air Transport Services Group, Inc. He is Senior Advisor for Infinity Transportation, a company owned by Global Atlantic Financial Corp., since November 2016. Prior to his current role at Infinity Transportation, Mr. Baudouin was a principal of Infinity Aviation Capital, LLC ("IAC"), an investment firm involved in aircraft leasing, from March 2011 to November 2016, and was a co-founder and former managing director of Aviation Capital Group ("ACG"), a commercial aircraft leasing company, from December 1989 to June 2010, where he oversaw the marketing and capital markets units of the firm. He worked in the aircraft finance unit of General Electric Capital Corporation from September 1977 to September 1983. Mr. Baudouin is a former board member of the Magellan Group, an engine leasing and aviation parts company, as well as a former board member of ACG and the International Society of Transport Air Trading Board of Governors. He has been a director of the Company since January 2013, and is the Chair of the Nominating and Governance Committee and a member of both the Audit Committee and Compensation Committee. Mr. Baudouin possesses many years of experience in commercial aircraft leasing and financing and extensive contacts in the global leasing marketplace that assists the Company in further developing and expanding its aircraft leasing business.

John Teets

Mr. John Christopher Teets is an Independent Director of Air Transport Services Group, Inc. He is the Partner of Red Mountain Capital Partners LLC ("Red Mountain"), an investment management firm, since February 2005. Before joining Red Mountain, Mr. Teets was an investment banker at Goldman, Sachs & Co. Mr. Teets joined Goldman, Sachs & Co. in 2000 and was made a Vice President in 2004. Prior to Goldman, Sachs & Co., Mr. Teets worked in the investment banking division of Citigroup. He holds a bachelor’s degree from Occidental College and an MSc degree from the London School of Economics. Mr. Teets has also served as a director of Marlin Business Services Corp., since May 2010, as a director of Nature’s Sunshine Products, Inc., since December 2015, and as a director of Yuma Energy, Inc., since October 2016. Mr. Teets also previously served as a director of Encore Capital Group, Inc. from May 2007 until June 2015, and Affirmative Insurance Holdings, Inc., from August 2008 until September 2011. Red Mountain beneficially owns 6,703,438 shares of common stock of the Company, or approximately 11.2% of the Company’s 59.6 million shares outstanding, as described on page 4 of this Proxy Statement. The Company and Red Mountain are parties to a confidentiality and standstill agreement that will remain in effect during Mr. Teets’ tenure as a director of the Company, which agreement is more particularly described below under the heading "Corporate Governance and Board Matters." Mr. Teets has been a director of the Company since February 2009, and is the Chairman of the Compensation Committee and a member of the Nominating and Governance Committee.

Jeffrey Vorholt

Mr. Jeffrey J. Vorholt is an Independent Director of Air Transport Services Group, Inc. He was formerly a full-time faculty member at Miami University (Ohio) and concurrently an Adjunct Professor of Accountancy at Xavier University (Ohio), from 2001 to 2006. Mr. Vorholt, a CPA and attorney, was the Chief Financial Officer of Structural Dynamics Research Corporation from 1994 until its acquisition by EDS in 2001. Previously, he served as the Senior Vice President of Accounting and Information Systems for Cincinnati Bell Telephone Company and the Senior Vice President, Chief Financial Officer and Director for Cincinnati Bell Information Systems, which is now Convergys Corporation. Mr. Vorholt served as Director and Chairman of the Audit Committee for Softbrands, Inc., a global provider of enterprise-wide application software, from 2002 until its acquisition by Infor Global Solutions of Alpharetta, Georgia in 2009. Mr. Vorholt has been a Director of the Company since January 2004. He is the Chairman of the Audit Committee and is a member of the Compensation Committee. Among other qualifications, Mr. Vorholt has over 40 years of experience in accounting and financial management, and his knowledge and experience in that field make him an invaluable asset to the Board, particularly through his service on the Audit Committee.

Basic Compensation

Name Fiscal Year Total

Randy Rademacher

198,001

Joseph Hete

2,257,250

Quint Turner

1,316,830

Richard Corrado

1,081,360

W. Joseph Payne

1,148,280

Raymond Johns

--

Richard Baudouin

148,001

John Teets

145,001

Jeffrey Vorholt

155,001
As Of  30 Dec 2016