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Quotes & Info
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| ACY > SEC Filings for ACY > Form 8-K on 5-Nov-2008 | All Recent SEC Filings |
5-Nov-2008
Change in Directors or Principal Officers
On October 31, 2008, Marc Anderson notified the Company of his intention to resign from the Board of Directors of the Company and his position as Senior Vice President and Chief Operating Officer of the Company on December 31, 2008. These resignations will be concurrent with Mr. Anderson's departure from JetFleet Management Corp. ("JMC"), the management company for the Company, upon the expiration of Mr. Anderson's current employment contract term with JMC on December 31, 2008.
JMC and Mr. Anderson have entered into a six-month renewable consulting agreement, effective January 1, 2009. The consulting agreement provides for Mr. Anderson to provide transition assistance to JMC.
The Company does not currently intend to name a successor Chief Operating Officer, as the duties of Chief Operating Officer will be assumed, as of January 1, 2009, by the Company's President and Chief Executive Officer, Neal D. Crispin.
Date: November 5, 2008 By: /s/ Neal D. Crispin Title: President
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