x

Posted 02 May, 2023

Gogo Inc. appointed new CEO

CEO Change detected for ticker Nasdaq:GOGO in a 8-K filed on 02 May, 2023.


  On April 26, 2023, the Board of Directors of Gogo Inc. (the "Company") appointed Michael Abad-Santos to fill the vacancy of the Board of Directors (the "Board"), effective immediately. Mr. Abad-Santos, age 50, serves as the Chief Executive Officer of BridgeComm, Inc. ("BridgeComm").  

Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of Gogo Inc.
Telecommunication Services • Wired Telecommunications Services
Gogo, Inc. engages in the provision of broadband connectivity services for the business aviation market. The company was founded by Jimmy Ray in 1991 and is headquartered in Broomfield, CO.
Market Cap
$1.08B
View Company Details
Gogo Inc. by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On April 26, 2023, the Board of Directors of Gogo Inc. (the "Company") appointed Michael Abad-Santos to fill the vacancy of the Board of Directors (the "Board"), effective immediately. Mr. Abad-Santos, age 50, serves as the Chief Executive Officer of BridgeComm, Inc. ("BridgeComm"). He joined BridgeComm in 2019 and served as the Senior Vice President of Strategy & Business Development until his appointment to Chief Executive Officer in 2021. Prior to joining BridgeComm, Mr. Abad-Santos held a range of executive roles, including Senior Vice President, Americas, at LeoSat Enterprises from 2016 to 2019, where he led commercial activities, strategy development and execution in the Americas region, as well as government activities worldwide, and Chief Commercial Officer at TrustComm Inc. from 2014 to 2016. Mr. Abad-Santos also served as Senior Vice President, Global Government at Inmarsat from 2011 to 2014.

Mr. Abad-Santos will serve as a Class III director and hold office until the Company's 2025 annual meeting of stockholders and until his successor is duly elected and qualified or until his earlier death, incapacity, resignation or removal. Mr. Abad-Santos has not been appointed to serve on any Board committee at this time.

Mr. Abad-Santos, as a non-employee director, will receive the director compensation described in the Company's proxy statement on Schedule 14A filed with the Securities and Exchange Commission (the "SEC") on April 27, 2023 (the "Proxy Statement"). We also expect to enter into an indemnification agreement with Mr. Abad-Santos. The form of indemnification agreement is an exhibit to the Company's Annual Report on Form 10-K filed with the SEC on February 28, 2023, and is described in the Proxy Statement.

There are no arrangements or understandings between Mr. Abad-Santos and any other person pursuant to which Mr. Abad-Santos was selected as a director. There are no transactions in which Mr. Abad-Santos has an interest that would require disclosure by the Company under Item 404(a) of Regulation S-K.