Air Transport Services Group, Inc.'s board of directors has appointed Joe Hete, current chairman of the board and the company's former longtime chief executive officer, as ATSG's CEO, effective immediately. Hete succeeds Rich Corrado, who is leaving his role as CEO of the company, effective immediately. Hete will continue as chairman of the board.

Hete is a well-known, highly respected pioneer in the global air freight industry and brings approximately 40 years of leadership experience in the space. He previously served as CEO of ATSG from 2003 to 2020, and has been a member of ATSG's Board since 2003. Prior to that, he held various senior management roles at ABX Air, Inc.