UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (date of earliest event reported): October 1, 2014
SkyWest, Inc.
(Exact Name of Registrant as Specified in its Charter)
Utah |
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0-14719 |
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87-0292166 |
(State or other jurisdiction of |
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(Commission |
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(IRS Employer |
incorporation or organization) |
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File Number) |
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Identification No.) |
444 South River Road |
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St. George, Utah |
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84790 |
(Address of Principal Executive Offices) |
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(Zip Code) |
Registrants Telephone Number, Including Area Code:
(435) 634-3200
N/A
(Former name, former address, and formal fiscal year, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective October 1, 2014, Bradford R. Holt retired as President and Chief Operating Officer of ExpressJet Airlines, Inc. (ExpressJet Airlines), a wholly-owned subsidiary of SkyWest, Inc. (the Company).
The Company issued a press release announcing Mr. Holts retirement, a copy of which is included with this Report as Exhibit 99.1.
Item 7.01 Regulation FD Disclosure
Effective October 1, 2014, ExpressJet appointed Alexandra Marren to serve as the Chief Operating Officer of ExpressJet. The Company anticipates that Ms. Marren will oversee ExpressJets operations and activities, including flight operations, inflight operations, maintenance and partner relationships.
The Company issued a press release announcing Ms. Marrens appointment, a copy of which is included with this Report as Exhibit 99.1.
Forward-Looking Statements
In addition to historical information, this report (and the attached exhibit) may contain forward-looking statements. The Company may, from time to time, make written or oral forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements encompass the Companys beliefs, expectations, hopes or intentions regarding future events. Words such as forecasts, expects, intends, believes, anticipates, estimates, should, likely and similar expressions identify forward-looking statements. All forward-looking statements included in this report and the attached exhibit are made as of the date hereof and are based on information available to the Company as of such date. The Company assumes no obligation to update any forward-looking statement. Readers should note that many factors could affect the future operating and financial results of the Company, SkyWest Airlines, Inc. (SkyWest Airlines) or ExpressJet Airlines and could cause actual results to vary materially from those expressed in forward-looking statements set forth in this release.
Actual operational and financial results of the Company, SkyWest Airlines and ExpressJet Airlines will likely vary, and may vary materially, from those anticipated, estimated, projected or expected for a number of other reasons, including, in addition to those identified above: the ability of ExpressJet Airlines to realize potential synergies and other anticipated financial impacts of the consolidation of its operations; the possibility that future financial and operating results of ExpressJet Airlines may not meet the Companys forecasts and the timing of ongoing consolidation of the operations of ExpressJet Airlines, if achieved; the challenges of competing successfully in a highly competitive and rapidly changing industry; developments associated with fluctuations in the economy and the demand for air travel; ongoing negotiations between the Company, SkyWest Airlines and ExpressJet Airlines and their major partners regarding their contractual obligations; the financial stability of those major partners and any potential impact of their financial condition on the operations of the Company, SkyWest Airlines, or ExpressJet Airlines; fluctuations in flight schedules, which are determined by the major partners for whom the Companys operating airlines conduct flight operations; variations in market and economic conditions; labor relationships; the impact of global instability; rapidly fluctuating fuel costs; the degree and nature of competition; potential fuel shortages; the impact of weather-related or other
natural disasters on air travel and airline costs; aircraft deliveries; the ability to attract and retain qualified pilots and other unanticipated factors. Risk factors, cautionary statements and other conditions which could cause the Companys actual results to differ from managements current expectations are contained in the Companys filings with the Securities and Exchange Commission; including the section of the Companys Annual Report on Form 10-K for the year ended December 31, 2013, entitled Risk Factors.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
99.1 Press Release, entitled ExpressJet Names Alexandria Marren Chief Operating Officer; Brad Holt to Retire October 1, 2014, issued by SkyWest, Inc.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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SkyWest, Inc. | |
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Dated: October 3, 2014 |
By |
/s/ Eric J. Woodward |
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Eric J. Woodward, Chief Accounting Officer |
Exhibit 99.1
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Contact:
Corporate Communications
435.634.3548
FOR IMMEDIATE RELEASE
ExpressJet Names Alexandria Marren Chief Operating Officer
Brad Holt to Retire Oct. 1, 2014
ATLANTA, Sept. 24 SkyWest, Inc. is pleased to announce the selection of Alexandria Marren as Chief Operating Officer of ExpressJet Airlines, Inc., effective Oct. 1, 2014. She will succeed Brad Holt, who will retire after more than 30 years at SkyWest and ExpressJet. As COO, Marren will oversee all ExpressJet Airlines operations.
Alex brings vast industry and operational leadership to this role, said SkyWest, Inc. President Russell Chip Childs. She is a smart, strategic and thoughtful leader, with a proven track record for excellence, accountability and execution, all of which will be essential to positioning ExpressJet Airlines for success.
We appreciate Brads extensive contributions to SkyWest, Inc., continued Childs. He has dedicated his life to our airlines and people and we wish him the best in his retirement.
Brad has held many responsibilities at our airlines over the last three decades, including VP of Flight Operations at SkyWest Airlines before being named President and COO of Atlantic Southeast in 2007. There, he oversaw the integration of ExpressJet and ASA in 2010 and has since led the new ExpressJet, said Jerry Atkin, SkyWest, Inc. Chairman and CEO. Were grateful for all the good that Brad has contributed, both at SkyWest and at ExpressJet.
Holt said, Ive been fortunate to work with the most dedicated and talented aviation professionals in the industry over an incredible 30-year career in aviation. Im grateful to have made many lifetime friends here. Alex is a natural fit for this role, and Im confident in her ability to lead ExpressJet into the future.
As Chief Operating Officer, Marren will oversee ExpressJets operations and activities, including Flight Operations, InFlight operations, Maintenance and partner relationships. Her commitment to excellence and proven ability to lead business transformation and improvements in service, product and efficiency, will be invaluable in her new role managing more than 9,000 employees and a fleet of 388 aircraft.
Marrens career includes nearly every aspect of aviation, from customer service, flight control and onboard services to technology, network operations strategy, and planning. She has worked at all levels of airlines, developing positive relationships with both employees and business partners. She holds a bachelors degree from Harvard University and a certificate from the Advanced Executive Program at Northwestern Universitys Kellogg School of Management. She has served on
the board of directors for the Alliant Credit Union since 2008, and the American Red Cross Board since 2012. She and her husband will reside in Atlanta, Georgia.
A subsidiary of SkyWest, Inc., ExpressJets 9,000 aviation professionals operate an average of 2,200 daily flights with an all-jet fleet of 388 aircraft operating through capacity purchase agreements as American Eagle, Delta Connection and United Express to more than 190 airports in more than 40 U.S. states, District of Columbia, Bahamas, Canada and Mexico.
About SkyWest, Inc.
SkyWest, Inc. (NASDAQ: SKYW) was named Air Transport Worlds Regional Airline of the Year in 2014. SkyWest, Inc. is the holding company for two scheduled passenger airline operations and an aircraft leasing company and is headquartered in St. George, Utah. SkyWests airline companies provide commercial air service in cities across the United States, Canada, Mexico and the Caribbean with approximately 4,000 daily flights and a fleet of 736 aircraft. SkyWest is headquartered in St. George, Utah, and continues to set the standard for excellence in the regional industry with unmatched value for customers, shareholders and its nearly 20,000 employees.
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