HOUSTON, April 19 /PRNewswire-FirstCall/ -- ExpressJet
Holdings, Inc. (NYSE: XJT), parent company of regional and charter
airline operator, ExpressJet Airlines, Inc., today announced its
Board of Directors named Thomas M.
Hanley as President and Chief Executive Officer effective
immediately.
(Logo:
http://www.newscom.com/cgi-bin/prnh/20080221/NYFNSN01LOGO)
"Tom brings creativity, innovation and lateral thinking to
ExpressJet complemented by abilities to reason and act tactically
as required in an operationally-intensive, regional airline," said
George R. Bravante, Jr., Chairman of
the Board of Directors. "We are excited to welcome Tom and
support him as he leads ExpressJet in maintaining our operational
excellence while returning us to sustained profitability."
Tom's previous experience includes various executive positions
for a private equity fund, Wexford Capital. Most recently,
Tom led a restructuring of Rhino Energy – a $450 million-revenue coal company, based in
Lexington, Kentucky.
Hanley's aviation industry experience includes:
Director of the United Express network overseeing a network
of independent providers operating 2,000 daily departures; Vice
President of the US Airways Express division, comprised of four
owned and nine independent airlines, operating 2,400 daily
departures; President of Republic Airlines, an EMB-170 operation
being established as a subsidiary of Republic Airways; and Chief
Executive Officer of Shuttle America, then a Saab-340 regional
airline operator, owned by Wexford Capital. Tom graduated
from Auburn University where he
obtained a Bachelor of Science in Industrial Engineering.
"ExpressJet possesses a tremendous reputation for operational
excellence and I am thrilled to become a part of the team," said
Tom Hanley, President and Chief
Executive Officer. "I look forward to strengthening our
relationships and financial performance while maintaining our
operating metrics as an industry leader," Tom added.
Tom will begin his employment with ExpressJet effective
immediately and transition duties from T. Patrick ("Pat") Kelly,
Interim President and Chief Executive Officer, who will return to
his position on ExpressJet's Board of Directors effective
May 1, 2010.
"I truly enjoyed my experience at ExpressJet and appreciate the
warm welcome extended to me during my tenure," said Pat Kelly. "Tom is a great fit for the
next phase at ExpressJet, and I look forward to great success as
Tom's considerable skills are combined with the pragmatic,
results-driven and people-centric culture in place at ExpressJet,"
Pat added.
About ExpressJet
ExpressJet Holdings operates several divisions designed to
leverage the management experience, efficiencies and economies of
scale present in its subsidiaries, including ExpressJet Airlines,
Inc. and ExpressJet Services, LLC. ExpressJet Airlines serves
134 scheduled destinations in North
America and the Caribbean
with approximately 1,045 departures per day. Operations
include capacity purchase agreements for Continental and United as
well as providing clients customized 50-seat charter options
(www.expressjet.com/charter); and supplying third-party aviation
and ground handling services. For more information, visit
www.expressjet.com.
SOURCE ExpressJet Holdings, Inc.