NEXTANT AEROSPACE LEADERSHIP

Kenneth C. Ricci

Chief Executive Officer

Kenneth Ricci has spent over 30 years developing innovative services in the aviation industry. In 1980, Kenn founded Corporate Wings, an aircraft management and charter operation providing charter flight service to corporate clients. He expanded Corporate Wings’ operations to include other aviation support services including aircraft maintenance, fueling and storage.

In 1990, Kenn founded a highly successful maintenance service organization, Inertial Airline Services, providing service and repair of electronic and avionics systems. Inertial Airline Services became an industry leader in the overhaul and modernization of long-range navigation systems. When the company was sold to Heico Corp (HEI), it had a customer list of the world’s major airlines, U.S. and foreign militaries, and corporate aircraft operators.

In 1998, Kenn revolutionized the fractional aircraft ownership industry by founding Flight Options. His marketing and strategic leadership took the company from inception to annual sales of more than $600M in a period of 4 years. A pioneer in the field, Flight Options outperformed over 50 other start-ups in this industry. Flight Options merged with Raytheon Travel Air in 2002, and with a fleet of over 200 aircraft, 1,500 employees and almost 1,000 pilots, Kenn had grown Flight Options to rank as the second largest company in the industry.

Today, Kenn is the principal of Directional Aviation Capital which owns various aviation enterprises including Flight Options, Nextant Aerospace, and Constant Aviation. In addition, Directional restructured the Mercury Air Centers, a $200mil company operating aircraft support facilities at 24 different airports. Acquiring a stake in 2005, Kenn, as CEO of the company, realigned its operating divisions, deployed $245mil of invested capital and sold the Company to Macquarie Infrastructure Trust (MIC) in 2007 in a deal valued at $615mil.

Kenn was honored as an Ernst & Young Entrepreneur of Year in 2000 and has been named one the most influential people in aviation by Aviation International News. In 2010 Kenn received the Harvard Business School’s Dively Entrepreneurship Award and recently was the youngest recipient of the prestigious William Ong Award for extraordinary achievement and extended meritorious service to the general aviation industry. Kenn’s management strategies have been featured in the Wall Street Journal and Inc. Magazine. He is the Author of "Management by Trust", a book featuring practical management techniques for building employee trust and success which was praised by the New York Times Book Review as a "landmark success manual for corporate America."

Kenn graduated from the University of Notre Dame and the Cleveland Marshall School of Law. He is an airline transport pilot license with extensive international experience and was Governor William Clintons pilot when he ran for President in 1992. Kenn serves on several Corporate Boards and is the aviation advisor to the Guggenheim Aero Opportunity Fund. Kenn also serves on the Business Advisory Council of the University of Notre Dame, the Board of Trustees of University Hospitals, The National Board of Childhelp, and Gilmour Academy.

www.KennRicci.com

Michael A. Rossi

Chief Financial Officer

Mike Rossi began with Corporate Wings in 1984 and has spent the last 21 years developing innovative business strategies in the Aviation Industry. Mr. Rossi has managed all facets of General Aviation: Fixed Based Operations, Maintenance Facilities, Management of Aircraft and the buying and selling of Corporate Aircraft. He has also been involved in the purchasing of and divesting of all the facets of General Aviation mentioned above. Corporate Wings Management Company at the height of its operations in 1998 was the 10th largest in the United States.

In 1990 as the President of Inertial Airline Services through 2001 managed this successful commercial aviation maintenance service organization. This successful maintenance service organization became the largest overhaul provider of long-range navigation systems. This company was sold in 2001 to further enhance the revolutionary fractional Jet ownership company Flight Options.

Mr. Rossi managed Flight Options from its inception in 1998 to its current stature as the second largest jet fractional ownership company in the industry. The company has grown to 1600 employees and 800 million in sales. Mr. Rossi as the Chief Financial Officer raised capital and established financing vehicles to assist the initial growth of the business. As President and Chief Operating Officer, he implemented strategic plans in the financial, operations and administration of the company.

Today Mr. Rossi is a principal in Directional Capital which owns various enterprises in the Aero Medical, Aircraft Maintenance and FBO segments of general aviation. Starting in 2005 Mr. Rossi was the CFO of the restructured Mercury Air Centers. As CFO, Mr. Rossi was instrumental in increasing EBITDA by over 200%. This was accomplished through acquisitions and operating efficiencies. Mercury Air Centers 24 FBO’s were ultimately sold to Macquarie Infrastructure Trust in 2007 in a deal valued at $615 million.

Mr. Rossi’s other business interests include involvement with the accounting firm Rossi, Schlotter & Co., CPA which has assisted many businesses in the areas of planning and growth.

A graduate of John Carroll University, Mr. Rossi is a Certified Public Accountant and holds a Series 7 License.

Sean McGeough

President

Sean McGeough joined Nextant Aviation in January 2013 and oversees the company’s business globally.

McGeough most recently served as President of Europe, the Middle East, Africa and Asia Pacific for Hawker Beechcraft, overseeing all of the company’s activities in the region. Previously, he had served as the company’s Vice President of International Sales, among several roles of increasing sales responsibility he held since joining the company in 1999. Earlier, McGeough held senior-level sales positions with Diamond Aircraft Industries.

McGeough holds a Master’s Degree in Business Administration from the Florida Institute of Technology. He is a licensed air transport pilot and is rated on aircraft including the Beechjet 400A/XP which provides the airframe for the Nextant 400XT.

Mark J. O'Donnell

Vice President – Product Development

Mark O’Donnell initially started with Corporate Wings in 1985 as Director of Maintenance for the FAR 135 Charter Operations. Mr. O’Donnell implemented and managed the first aircraft maintenance operations of Corporate Wings, as well as the day to day duties of the maintenance management requirements of the charter operations.

Mr. O’Donnell founded and served as President and General Manager of Cleveland Jet Center. Cleveland Jet was an aircraft heavy maintenance, paint and refurbishing facility with 110 employees and sales of $10 million annually.

In 1994, Mr. O’Donnell returned to Corporate Wings as Vice President and General Manager of Inertial Airline Services where he managed the day to day operations and growth of this highly successful service company. Inertial was the worlds largest independent provider of Inertial Navigation system repair and overhaul to the worlds airlines and several US and foreign militaries.

Following the sale of Inertial Airline Services and completion of his contractual management obligations, Mr. O’Donnell again returned to Corporate Wings as Vice President of Nextant Aerospace. Nextant was established to fill a market demand for a small to medium sized corporate aircraft capable of 2,000 nm of range utilizing the latest engine and avionics technology available priced according to the demands the fractional industry and corporate operators.

Mr. O’Donnell is an FAA certified Airframe and Powerplant Technician and has successfully completed specific maintenance training courses on a wide variety of corporate and transport category aircraft including; Gulfstream, Learjet, Falcon, Commander Boeing and Airbus.

Jay Heublein

Executive Vice President - Global Sales & Marketing

Jay Heublein joined Nextant Aerospace in January of 2011. He brings over a decade of aviation based sales leadership experience. Prior to joining Nextant, Jay most recently served as Vice President of Sales and Marketing for the fractional aircraft provider Flight Options. While at Flight Options, Mr. Heublein was responsible for managing their national sales force and overseeing their marketing strategy. He has also held a senior sales position with Citation Shares - the fractional arm of Cessna Aircraft Company.

In his current role, Mr. Heublein has oversight responsibility for the domestic sales team along with managing Nextant's international dealership network. Jay is a graduate of Truman State University.

James Immke

Vice President - Customer Relations & Regulatory Compliance

James Immke joined Nextant Aerospace in August 2010 and is currently the Vice President of Customer Relations & Regulatory Compliance.

Mr. Immke has over 20 years of quality and safety experience in highly regulated industries, including Aerospace and Defense.

During Immke’s tenure at Nextant, he drove and directed the formulation and implementation of policies, standards and procedures for the company’s quality system, aiding Nextant in its journey from the development of a concept aircraft to becoming a world-class remanufacturing facility. In his new role, his main focus is strategic quality, safety and reliability improvements.

 

David H. Davies

Chief Information Officer

Mr. Davies began with Corporate Wings in 1997 as Director of IT and was responsible for the implementation of information technology and telecommunications for the fractional start-up Flight Options in 1998.

As the CIO for Flight Options, Mr. Davies was responsible for the sourcing, implementation and design of all systems including operations, maintenance, accounting and business management. These decisions were critical in ensuring that all systems could fulfill the requirements of the rapidly growing fractional provider.

Driving the design and implementation of the Owners Only Web Site, Mr. Davies ensured Flight Options was the first fractional provider to allow owner’s to schedule and manage all aspects of their trips online.

In 2004 Mr. Davies was awarded the NorTech Innovation Award for the integration of wireless and operations systems allowing for real time dispatching and communication with Flight Options flight crews across the country. This software design and technology implementation allowed for immediate and dramatic cost savings as well as operational efficiencies.

In 2005 Mr. Davies was appointed CIO of the restructured Mercury Air Centers. As CIO, Mr. Davies was responsible for updating and streamlining all systems and business processes. Ensuring accurate reporting and accountability, elimination of duplicated procedures and allowing for additional growth through acquisitions.

Mr. Davies holds a BS in Information Technology and is a graduate of the USAF NCO Academy.

Robert Sullivan

Vice President - Human Resources

A leading human resource professional for over fifteen years Robert leads the human resource efforts for Corporate Wings. Sullivan, a certified Human Resource Professional, holds a bachelors degree in Business Administration from Campbell University and a Masters of Organizational Management, he is also a graduate of the Harvard Business School, Strategic Human Resources Management course.

Through his experience in human resource leadership Robert has gained a broad range of expertise in talent acquisition, employee relations, training and professional development, leadership coaching, benefit management, career mapping, and merger and acquisition transition. Prior to joining Corporate Wings, Robert served as the Vice President of Human Resources for Mercury Air Centers, Inc. Robert has also served as Director of Human Resources for Flight Options and Director of Human Resource’s for The Sherwin-Williams Automotive Finishes Corp., a division of the Fortune 500 Company. Robert is an active member in both the national and local chapters of the Society of Human Resource Management.