Air T Management

Management criteria checks 4/4

Air T's CEO is Nick Swenson, appointed in Feb 2014, has a tenure of 10.17 years. total yearly compensation is $50.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 11.61% of the company’s shares, worth $8.56M. The average tenure of the management team and the board of directors is 5.7 years and 7.4 years respectively.

Key information

Nick Swenson

Chief executive officer

US$50.0k

Total compensation

CEO salary percentage100.0%
CEO tenure10.2yrs
CEO ownership11.6%
Management average tenure5.7yrs
Board average tenure7.4yrs

Recent management updates

Recent updates

Further Upside For Air T, Inc. (NASDAQ:AIRT) Shares Could Introduce Price Risks After 30% Bounce

Mar 27
Further Upside For Air T, Inc. (NASDAQ:AIRT) Shares Could Introduce Price Risks After 30% Bounce

Health Check: How Prudently Does Air T (NASDAQ:AIRT) Use Debt?

Mar 21
Health Check: How Prudently Does Air T (NASDAQ:AIRT) Use Debt?

Is Air T (NASDAQ:AIRT) Using Too Much Debt?

Nov 16
Is Air T (NASDAQ:AIRT) Using Too Much Debt?

Returns At Air T (NASDAQ:AIRT) Appear To Be Weighed Down

Apr 09
Returns At Air T (NASDAQ:AIRT) Appear To Be Weighed Down

Air T GAAP EPS of -$0.50, revenue of $50.9M

Aug 12

There Are Some Holes In Air T's (NASDAQ:AIRT) Solid Earnings Release

Nov 19
There Are Some Holes In Air T's (NASDAQ:AIRT) Solid Earnings Release

Is Air T (NASDAQ:AIRT) A Risky Investment?

Jul 22
Is Air T (NASDAQ:AIRT) A Risky Investment?

Is Air T (NASDAQ:AIRT) Weighed On By Its Debt Load?

Mar 01
Is Air T (NASDAQ:AIRT) Weighed On By Its Debt Load?

The Air T (NASDAQ:AIRT) Share Price Is Up 78% And Shareholders Are Holding On

Jan 08
The Air T (NASDAQ:AIRT) Share Price Is Up 78% And Shareholders Are Holding On

BABA, FUBO, GEVO and NLTX among midday movers

Dec 24

How Many Air T, Inc. (NASDAQ:AIRT) Shares Did Insiders Buy, In The Last Year?

Dec 13
How Many Air T, Inc. (NASDAQ:AIRT) Shares Did Insiders Buy, In The Last Year?

CEO Compensation Analysis

How has Nick Swenson's remuneration changed compared to Air T's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-US$14m

Sep 30 2023n/an/a

-US$12m

Jun 30 2023n/an/a

-US$11m

Mar 31 2023US$50kUS$50k

-US$12m

Dec 31 2022n/an/a

US$1m

Sep 30 2022n/an/a

US$420k

Jun 30 2022n/an/a

US$9m

Mar 31 2022US$832kUS$50k

US$11m

Dec 31 2021n/an/a

US$967k

Sep 30 2021n/an/a

US$4m

Jun 30 2021n/an/a

-US$6m

Mar 31 2021US$50kUS$50k

-US$7m

Dec 31 2020n/an/a

-US$1m

Sep 30 2020n/an/a

-US$3m

Jun 30 2020n/an/a

-US$3m

Mar 31 2020US$50kUS$50k

-US$409k

Dec 31 2019n/an/a

US$1m

Sep 30 2019n/an/a

-US$659k

Jun 30 2019n/an/a

US$1m

Mar 31 2019US$50kUS$50k

US$2m

Dec 31 2018n/an/a

US$2m

Sep 30 2018n/an/a

US$3m

Jun 30 2018n/an/a

US$4m

Mar 31 2018US$50kUS$50k

US$2m

Compensation vs Market: Nick's total compensation ($USD50.00K) is below average for companies of similar size in the US market ($USD668.06K).

Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.


CEO

Nick Swenson (54 yo)

10.2yrs

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

NamePositionTenureCompensationOwnership
Nicholas Swenson
Chairman10.2yrsUS$50.00k11.61%
$ 8.6m
Brian Ochocki
CFO & Treasurer4.8yrsUS$343.00kno data
Tracy Kennedy
Chief Accounting Officer1.2yrsno datano data
Mitch Pothen
Vice President of Technology5yrsno datano data
Mark Jundt
Secretary & General Counsel5.9yrsno datano data
Katrina Philp
Chief of Staff6.5yrsno datano data
Sebastian Lourier
Principal & CEO of Crestone Air Partners1.8yrsno datano data
Michael Moore
Chief Executive Officer of Global Ground Support LLC12.3yrsno datano data
Mark Harris
CEO of Worthington Aviationno datano datano data
Michael Bandalan
CEO of Mountain Air Cargo4.5yrsno datano data
Dave Bixler
President of Jet Yard6.1yrsno datano data
Paul Stewart
President of Ambry Hill Technologies5.7yrsno datano data

5.7yrs

Average Tenure

48yo

Average Age

Experienced Management: AIRT's management team is seasoned and experienced (5.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Nicholas Swenson
Chairman11.7yrsUS$50.00k11.61%
$ 8.6m
Gary Kohler
Director9.6yrsUS$23.25k0.71%
$ 525.1k
Jamie Thingelstad
Independent Directorless than a yearno datano data
Raymond Cabillot
Lead Independent Director7.4yrsUS$50.25k1.14%
$ 839.7k
William Foudray
Independent Director10.7yrsUS$24.00k0.13%
$ 98.0k
Travis Swenson
Independent Director6.3yrsUS$55.95k0.035%
$ 25.6k
Peter McClung
Independent Director6.3yrsUS$45.75k0.27%
$ 195.9k

7.4yrs

Average Tenure

53yo

Average Age

Experienced Board: AIRT's board of directors are considered experienced (7.4 years average tenure).


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