ATSG confirms executive reshuffle, appoints new CEO and president

Air Transport Services Group (ATSG) has announced changes to its hierarchy, with a new executive chairman, CEO and president. Joe Hete, who currently serves as chairman 0f the board of directors and chief executive officer, has been appointed executive chairman; Mike Berger, who currently serves as president, has been appointed chief executive officer and a member of the company’s board; and Jeffrey Dominick, who currently serves as a member of the board of directors, has been appointed president. These changes are effective immediately. ""Today’s announcement demonstrates our deep bench of talent at both the executive and Board level,"" said Randy Rademacher, lead independent director. “With today’s appointments, we are confident we have the right team in place to continue building on our strong foundation, solidifying our market-leading position, providing opportunities for our employees, and delivering meaningful value for our shareholders.” Hete said: “It has been a privilege to serve as CEO again during this transitional period, and I look forward to moving into the Executive Chairman role and working closely with Mike and Jeff to help oversee ATSG’s ongoing success, drive value for all our stakeholders and deliver against our strategic priorities.” Berger added: “As we work to create the world’s premier provider of aircraft leasing and cargo and passenger air transportation solutions, I am both honoured and humbled to serve as the company’s next CEO. “With our resilient business model and diverse customer base, ATSG has considerable momentum underway. I am eager to continue collaborating with our talented management team as we execute our strategy of delivering best-in-class transportation solutions for our air carriers, e-commerce leaders, government agencies and other stakeholders globally.”