Air T Management

Management criteria checks 4/4

Air T's CEO is Nick Swenson, appointed in Feb 2014, has a tenure of 10.75 years. total yearly compensation is $50.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 6.63% of the company’s shares, worth $3.55M. The average tenure of the management team and the board of directors is 6.6 years and 8 years respectively.

Key information

Nick Swenson

Chief executive officer

US$50.0k

Total compensation

CEO salary percentage100.0%
CEO tenure10.8yrs
CEO ownership6.6%
Management average tenure6.6yrs
Board average tenure8yrs

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
Sep 30 2024n/an/a

-US$2m

Jun 30 2024n/an/a

-US$7m

Mar 31 2024US$50kUS$50k

-US$7m

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 ($USD50.00K) is below average for companies of similar size in the US market ($USD650.80K).

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


CEO

Nick Swenson (55 yo)

10.8yrs

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
Chairman10.8yrsUS$50.00k6.63%
$ 3.5m
Tracy Kennedy
CFO & Chief Accounting Officer1.8yrsno datano data
Mark Jundt
Secretary & General Counsel6.5yrsno datano data
Katrina Philp
Chief of Staff7.1yrsno datano data
Kevin Milligan
Principal & CEO of Crestone Air Partnersless than a yearno datano data
Michael Moore
Chief Executive Officer of Global Ground Support LLC12.8yrsno datano data
Mark Harris
CEO of Worthington Aviationno datano datano data
Michael Bandalan
CEO of Mountain Air Cargo5.1yrsno datano data
Dave Bixler
President of Jet Yard6.7yrsno datano data
Paul Stewart
President of Ambry Hill Technologies6.3yrsno datano data
Richard Lee
Chief Executive Officer of Delphax Solutions7.3yrsno datano data
Joseph Kuhn
CEO of Contrail Aviation Supportno datano datano data

6.6yrs

Average Tenure

41.5yo

Average Age

Experienced Management: AIRT's management team is seasoned and experienced (6.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Nicholas Swenson
Chairman12.3yrsUS$50.00k6.63%
$ 3.5m
Gary Kohler
Director10.2yrsUS$19.50k0.73%
$ 389.8k
Jamie Thingelstad
Independent Director1.3yrsno datano data
Raymond Cabillot
Lead Independent Director8yrsUS$51.75k1.16%
$ 623.3k
William Foudray
Independent Director11.3yrsUS$21.00k0.14%
$ 72.7k
Travis Swenson
Independent Director6.9yrsUS$54.45k0.036%
$ 19.0k
Peter McClung
Independent Director6.9yrsUS$45.75kno data

8.0yrs

Average Tenure

54yo

Average Age

Experienced Board: AIRT's board of directors are considered experienced (8 years average tenure).