SkyWest Adds Aviation Veteran to Board
Ticker: SKYW · Form: 8-K · Filed: Mar 25, 2024 · CIK: 793733
| Field | Detail |
|---|---|
| Company | Skywest Inc (SKYW) |
| Form Type | 8-K |
| Filed Date | Mar 25, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-appointment, executive-changes
TL;DR
SkyWest adds Robert W. Wilson, ex-Republic Airways CFO, to its board.
AI Summary
SkyWest, Inc. announced on March 22, 2024, the election of Robert W. Wilson to its Board of Directors, effective immediately. Wilson brings extensive experience in the aviation industry, having previously served as the Chief Financial Officer of Republic Airways Holdings Inc. and as a Managing Director at Seabury Capital.
Why It Matters
The addition of an experienced executive like Robert W. Wilson to the board could bring valuable strategic insights and financial acumen to SkyWest, potentially influencing future company decisions and performance.
Risk Assessment
Risk Level: low — The filing is a routine corporate announcement regarding board composition, with no immediate financial or operational risks indicated.
Key Players & Entities
- SkyWest, Inc. (company) — The company filing the report.
- Robert W. Wilson (person) — Newly elected director.
- Republic Airways Holdings Inc. (company) — Previous employer of Robert W. Wilson.
- Seabury Capital (company) — Previous employer of Robert W. Wilson.
FAQ
Who is Robert W. Wilson and what is his background?
Robert W. Wilson has been elected to the Board of Directors of SkyWest, Inc. He previously served as Chief Financial Officer of Republic Airways Holdings Inc. and as a Managing Director at Seabury Capital.
When was Robert W. Wilson elected to the board?
Robert W. Wilson was elected to the Board of Directors of SkyWest, Inc. effective March 22, 2024.
What is SkyWest, Inc.'s principal executive office address?
SkyWest, Inc.'s principal executive offices are located at 444 South River Road, St. George, Utah 84790.
What is SkyWest, Inc.'s telephone number?
SkyWest, Inc.'s telephone number, including area code, is (435) 634-3000.
What is the filing date of this 8-K report?
This 8-K report was filed as of March 25, 2024, with the earliest event reported being March 22, 2024.
Filing Stats: 609 words · 2 min read · ~2 pages · Grade level 10.6 · Accepted 2024-03-25 16:01:28
Filing Documents
- skyw-20240322x8k.htm (8-K) — 39KB
- 0001558370-24-003851.txt ( ) — 143KB
- skyw-20240322.xsd (EX-101.SCH) — 3KB
- skyw-20240322_lab.xml (EX-101.LAB) — 13KB
- skyw-20240322_pre.xml (EX-101.PRE) — 9KB
- skyw-20240322x8k_htm.xml (XML) — 4KB
From the Filing
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (date of earliest event reported): March 22, 2024 SKYWEST, INC. (Exact Name of Registrant as Specified in its Charter) Utah 0-14719 87-0292166 (State or other jurisdiction of (Commission (IRS Employer incorporation or organization) File Number) Identification No.) 444 South River Road St. George , Utah 84790 (Address of Principal Executive Offices) (Zip Code) Registrant's Telephone Number, Including Area Code: ( 435 ) 634-3000 Not applicable (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol(s) Name of Each Exchange on which Registered Common Stock, No Par Value SKYW The Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On March 22, 2024, the Board of Directors (the "Board") of SkyWest, Inc. (the "Company") accepted Jerry Atkin's offer to retire as a director and Board Chair, effective as of the date of the Company's 2024 Annual Meeting of Shareholders. Mr. Atkin's offer to retire was submitted pursuant to a requirement of the Company's Corporate Governance Guidelines that each director who reaches the age of 75 must submit a letter of resignation from the Board, subject to Board acceptance. The offer to retire tendered by Mr. Atkin was not the result of any disagreement with the Company on any matter relating to its operations, policies or practices. Mr. Atkin joined the Company in 1974 as the Company's Director of Finance. In 1975, he assumed the office of President and Chief Executive Officer and was elected Board Chair in 1991. Mr. Atkin served as President of the Company until 2011 and as Chief Executive Officer until 2015. The Board greatly appreciates and sincerely thanks Mr. Atkin for his longstanding commitment, leadership and many contributions to the Board and to the Company's growth and success during his many years of service. In connection with Mr. Atkin's retirement, the Board appointed James L. Welch, the Company's Lead Independent Director, to serve as Board Chair following Mr. Atkin's retirement, with such appointment to be effective as of the date of the Company's 2024 Annual Meeting of Shareholders. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SKYWEST, INC. Dated: March 25, 2024 By /s/ Eric J. Woodward Eric J. Woodward, Chief Accounting Officer