MINNEAPOLIS and DENVER, June 19,
2019 /PRNewswire/ -- Air T, Inc., (NASDAQ: AIRT), an
allocator that invests in operating businesses and financial
assets, today announced that it has appointed Brian Ochocki as Chief Financial Officer and
Principal Financial Officer, effective July
8, 2019.
Air T Chairman and CEO, Nick
Swenson, commented, "We are excited to welcome Brian Ochocki to Air T. He will expand the
capabilities of our senior leadership team while helping us pursue
continuous improvement and growth. Brian is a seasoned executive
with an impressive background, including broad finance and
operations experience across multiple industries. He has been
instrumental in providing the finance vision, strategy and
leadership to help organizations get to the next level. His
executive leadership style and experiences will help us in our
quest to deliver value for shareholders."
Brian Ochocki commented: "I am
looking forward to joining the Air T organization to contribute to
its mission of creating long-term shareholder value. The Air T
platform has a track record of buying and growing companies. The
CFO role offers me the opportunity to apply financial, strategy and
operational know-how. I am thrilled to become a part of this
entrepreneurial team."
Mr. Ochocki brings over 20 years of experience as a
results-oriented senior financial executive with experience across
multiple industries. He previously served for seven years in
various finance positions at Northwest Airlines, Inc. before
working with Holiday Companies for 13 years in both finance and
operational roles. Prior to these positions, Mr. Ochocki was
at Goldman, Sachs & Co. and KPMG.
ABOUT AIR T, INC.
Established in 1980, Air T, Inc. is a diversified holding
company with four core industry segments: overnight air cargo,
aviation ground support equipment manufacturing, aviation ground
support maintenance services, and aircraft engine aftermarket and
parts. The Company's ownership interests consist of a broad set of
operating and financial assets that are designed to expand,
strengthen and diversify Air T's cash earnings power. For more
information, visit www.airt.net.
FORWARD LOOKING STATEMENT
Statements in this press release, which contain more than
historical information, may be considered forward-looking
statements (as such term is defined in the Private Securities
Litigation Reform Act of 1995), which are subject to risks and
uncertainties. Actual results may differ materially from those
expressed in the forward-looking statements because of important
potential risks and uncertainties, including, but not limited to,
the risk that contracts with major customers will be terminated or
not extended, future economic conditions and their impact on the
Company's customers, the timing and amounts of future orders under
the Company's Global Ground Support subsidiary's contract with the
United States Air Force, and risks and uncertainties related to
business acquisitions, including the ability to successfully
achieve the anticipated benefits of the acquisitions, inflation
rates, competition, changes in technology or government regulation,
information technology disruptions, and the impact of future
terrorist activities in the United
States and abroad. A forward-looking statement is neither a
prediction nor a guarantee of future events or circumstances, and
those future events or circumstances may not occur. The Company is
under no obligation, and it expressly disclaims any obligation, to
update or alter any forward-looking statements, whether as a result
of new information, future events or otherwise.
View original
content:http://www.prnewswire.com/news-releases/air-t-inc-names-brian-ochocki-as-cfo-300870929.html
SOURCE Air T, Inc.