Air T Management
Management criteria checks 4/4
Air T's CEO is Nick Swenson, appointed in Feb 2014, has a tenure of 10.42 years. total yearly compensation is $50.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 11.87% of the company’s shares, worth $6.99M. The average tenure of the management team and the board of directors is 6.2 years and 7.7 years respectively.
Key information
Nick Swenson
Chief executive officer
US$50.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 10.4yrs |
| CEO ownership | 11.9% |
| Management average tenure | 6.2yrs |
| Board average tenure | 7.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$7m |
| Dec 31 2023 | n/a | n/a | -US$14m |
| Sep 30 2023 | n/a | n/a | -US$12m |
| Jun 30 2023 | n/a | n/a | -US$11m |
| Mar 31 2023 | US$50k | US$50k | -US$12m |
| Dec 31 2022 | n/a | n/a | US$1m |
| Sep 30 2022 | n/a | n/a | US$420k |
| Jun 30 2022 | n/a | n/a | US$9m |
| Mar 31 2022 | US$832k | US$50k | US$11m |
| Dec 31 2021 | n/a | n/a | US$967k |
| Sep 30 2021 | n/a | n/a | US$4m |
| Jun 30 2021 | n/a | n/a | -US$6m |
| Mar 31 2021 | US$50k | US$50k | -US$7m |
| Dec 31 2020 | n/a | n/a | -US$1m |
| Sep 30 2020 | n/a | n/a | -US$3m |
| Jun 30 2020 | n/a | n/a | -US$3m |
| Mar 31 2020 | US$50k | US$50k | -US$409k |
| Dec 31 2019 | n/a | n/a | US$1m |
| Sep 30 2019 | n/a | n/a | -US$659k |
| Jun 30 2019 | n/a | n/a | US$1m |
| Mar 31 2019 | US$50k | US$50k | US$2m |
| Dec 31 2018 | n/a | n/a | US$2m |
| Sep 30 2018 | n/a | n/a | US$3m |
| Jun 30 2018 | n/a | n/a | US$4m |
| Mar 31 2018 | US$50k | US$50k | US$2m |
Compensation vs Market: Nick's total compensation ($USD50.00K) is below average for companies of similar size in the US market ($USD676.60K).
Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.
CEO
Nick Swenson (55 yo)
10.4yrs
Tenure
US$50,000
Compensation
Mr. Nicholas John Swenson, also known as Nick, is an Executive, Investor and Research Analyst. He served as an Additional Director at Lendway, Inc. (formerly known as Insignia Systems, Inc.) since October...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 10.4yrs | US$50.00k | 11.87% $ 7.0m | |
| CFO & Treasurer | 5yrs | US$343.00k | no data | |
| Chief Accounting Officer | 1.4yrs | no data | no data | |
| Secretary & General Counsel | 6.2yrs | no data | no data | |
| Chief of Staff | 6.8yrs | no data | no data | |
| Principal & CEO of Crestone Air Partners | less than a year | no data | no data | |
| Chief Executive Officer of Global Ground Support LLC | 12.5yrs | no data | no data | |
| CEO of Worthington Aviation | no data | no data | no data | |
| CEO of Mountain Air Cargo | 4.8yrs | no data | no data | |
| President of Jet Yard | 6.3yrs | no data | no data | |
| President of Ambry Hill Technologies | 5.9yrs | no data | no data | |
| Chief Executive Officer of Delphax Solutions | 6.9yrs | no data | no data |
6.2yrs
Average Tenure
49.5yo
Average Age
Experienced Management: AIRT.P's management team is seasoned and experienced (6.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 11.9yrs | US$50.00k | 11.87% $ 7.0m | |
| Director | 9.8yrs | US$23.25k | 0.73% $ 428.8k | |
| Independent Director | less than a year | no data | no data | |
| Lead Independent Director | 7.7yrs | US$50.25k | 1.16% $ 685.7k | |
| Independent Director | 10.9yrs | US$24.00k | 0.14% $ 80.0k | |
| Independent Director | 6.6yrs | US$55.95k | 0.036% $ 20.9k | |
| Independent Director | 6.6yrs | US$45.75k | 0.27% $ 160.0k |
7.7yrs
Average Tenure
54yo
Average Age
Experienced Board: AIRT.P's board of directors are considered experienced (7.7 years average tenure).