Air T, Inc. Appoints Brian Ochocki as Chief Financial Officer and Principal Financial Officer, Effective July 8, 2019
June 18, 2019 at 04:30 pm EDT
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Air T, Inc. announced that it has appointed Brian Ochocki as Chief Financial Officer and Principal Financial Officer, effective July 8, 2019. 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.
Air T, Inc. is a holding company with a portfolio of operating businesses and financial assets. The Company has four segments: Overnight air cargo, Ground equipment sales, Commercial jet engines and parts, and Corporate and other. Overnight air cargo segment operates in the air express delivery services industry. Ground equipment sales segment manufactures and provides mobile deicers and other specialized equipment products to passenger and cargo airlines, airports, military and industrial customers. Commercial jet engines and parts segment manages and leases aviation assets, supplies surplus and aftermarket commercial jet engine components, provides commercial aircraft disassembly/part-out services, commercial aircraft parts sales, and procurement services and overhaul and repair services to airlines. Corporate and other segment acts as the capital allocator and resources for other consolidated businesses. Further, the segment is also comprised of insignificant businesses.