ABX picketing ATSG shareholders meeting
05-10-2018, 07:57 AM
#1
RJ Furlough
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Joined APC: Feb 2011
Position: ERJ145 F/O
Posts: 277
ABX picketing ATSG shareholders meeting
ABX pilots and pilots from other airlines are picketing today at the ATSG shareholders meeting in Wilmington, Ohio. Hopefully the shareholders will be able to get the word about the real situation at ABX Air.. they are being fooled by management by telling them lies about the state of the company. Sure they are making money every quarter but they could be making a lot more if the company is run properly.. if ABX should venture and get more business and grow instead of focusing just on leasing airplanes to make money.. there is more money to be had in this environment and ATSG is not able to do justice to the shareholders while taking care of its employees the way they are running the company now. They are robbing both the shareholders and employees to get rich. Joe Hete, the head of ATSG has an ego problem towards the ABX pilot group and he is having Dave Soaper, the CEO of ABX do all the dirty work to try and shrink ABX; all at a cost to the shareholders in the end...
All shareholders beware....
All shareholders beware....
Last edited by mukalel; 05-10-2018 at 08:10 AM.
05-10-2018, 11:09 AM
#2
Gets Weekends Off
Joined APC: Jul 2011
Position: Capt
Posts: 221
ATSG Holds Annual Meeting of Stockholders
May 10, 2018 01:03 PM Eastern Daylight Time
WILMINGTON, Ohio--(BUSINESS WIRE)--Stockholders of Air Transport Services Group, Inc. (NASDAQ:ATSG) meeting here today re-elected six directors, ratified the appointment of the Company’s outside auditors, and approved several other agenda items.
Directors of the Company reelected to one-year terms on the Board were Richard M. Baudouin, Joseph C. Hete, Raymond E. Johns, Jr., Randy D. Rademacher, J. Christopher Teets, and Jeffrey J. Vorholt.
At the meeting, stockholders also:
• Ratified the selection of Deloitte & Touche LLP as the independent registered public accounting firm of the Company for fiscal year 2018; and approved, on an advisory basis, the compensation of the Company’s named executive officers for 2017;
• Voted to amend the Certificate of Incorporation to increase the number of authorized shares of the Company’s common stock, remove all stockholder supermajority vote requirements and increase the maximum number of directors that may serve on the board.
A complete report of the results of the meeting will be filed in a Form 8-K with the Securities and Exchange Commission.
About Air Transport Services Group, Inc. (ATSG)
May 10, 2018 01:03 PM Eastern Daylight Time
WILMINGTON, Ohio--(BUSINESS WIRE)--Stockholders of Air Transport Services Group, Inc. (NASDAQ:ATSG) meeting here today re-elected six directors, ratified the appointment of the Company’s outside auditors, and approved several other agenda items.
Directors of the Company reelected to one-year terms on the Board were Richard M. Baudouin, Joseph C. Hete, Raymond E. Johns, Jr., Randy D. Rademacher, J. Christopher Teets, and Jeffrey J. Vorholt.
At the meeting, stockholders also:
• Ratified the selection of Deloitte & Touche LLP as the independent registered public accounting firm of the Company for fiscal year 2018; and approved, on an advisory basis, the compensation of the Company’s named executive officers for 2017;
• Voted to amend the Certificate of Incorporation to increase the number of authorized shares of the Company’s common stock, remove all stockholder supermajority vote requirements and increase the maximum number of directors that may serve on the board.
A complete report of the results of the meeting will be filed in a Form 8-K with the Securities and Exchange Commission.
About Air Transport Services Group, Inc. (ATSG)
05-10-2018, 10:06 PM
#5
Gets Weekends Off
Joined APC: Feb 2018
Posts: 168
Originally Posted by flyguy23
I support any action you guys take, but at no time have shareholders cared one bit about union labor unrest.
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