Corporate Board Profile
Tech Score: 0/100
| Filing Date | Source Excerpt |
|---|---|
| 2012-07-20 | Nicholas J. Swenson, age 43, is a private investor and the founder and managing member of Groveland Capital, LLC, an investment management firm, and is also the managing member of AO Partners, LLC which is the general partner of AO Partners I, L.P. ... The nomination of Mr. Swenson for election as a director was recommended to the Board of Directors by a stockholder, AO Partners I, L.P. |
| 2013-07-22 | Nicholas J. Swenson, age 44, has served as a director of the Company since August 2012. ... The following table sets forth the compensation paid to each of the Companys non-employee directors in the fiscal year ended March 31, 2013. ... Nicholas J. Swenson compensation total $12,700. |
| 2014-07-18 | Nicholas J. Swenson, age 45, has served as a director of the Company since August 2012 and as Chairman of the Board of Directors since August 2013. ... The following table sets forth the compensation paid to each of the Company’s non-employee directors in the fiscal year ended March 31, 2014... Nicholas J. Swenson is an officer and director and does not have non-employee director compensation listed... The Capital Allocation Committee consists of Messrs. Barkett, Gioffre and Swenson. |
| 2015-07-22 | Nicholas J. Swenson, age 46, has served as a director of the Company since August 2012 and as Chairman of the Board of Directors since August 2013. ... Mr. Swenson was appointed as the interim President and Chief Executive Officer in October 2013 and as President and Chief Executive Officer in February 2014. ... The Capital Allocation Committee consists of Messrs. Barkett, Osborne and Swenson, with Mr. Swenson serving as chairman. ... The compensation of Mr. Swenson is, at his request, limited to an annual salary of $50,000. ... Nicholas J. Swenson Fees Earned or Paid in Cash $50,000 Total $50,000. |
| 2016-07-18 | Nicholas J. Swenson, age 47, has served as a director of the Company since August 2012 and as Chairman of the Board of Directors since August 2013. In October 2013, Mr. Swenson was appointed as the interim President and Chief Executive Officer of the Company and was appointed as President and Chief Executive Officer of the Company in February 2014. ... The following table sets forth the compensation paid to each of the Companys non-employee directors in the fiscal year ended March 31, 2016. ... The Capital Allocation Committee consists of Messrs. Barkett, Osborne and Swenson, with Mr. Swenson serving as chairman. ... The compensation of Mr. Swenson is, at his request, limited to an annual salary of $50,000. Mr. Swenson does not participate in any bonus or equity compensation plans and also does not participate in any employee benefit plan. |
| 2017-11-21 | Nicholas J. Swenson, age 49, has served as a director of the Company since August 2012 and as Chairman of the Board of Directors since August 2013. In October 2013, Mr. Nick Swenson was appointed as the interim President and Chief Executive Officer of the Company and was appointed as President and Chief Executive Officer of the Company in February 2014. ... The Board of Directors believes that Mr. Nick Swenson's position as Chief Executive Officer of the Company provides the Board with unique insight regarding Company-wide issues. ... The compensation of Mr. Nick Swenson is, at his request, limited to an annual salary of $50,000. ... SUMMARY COMPENSATION TABLE ... Nicholas J. Swenson 50,000. |
| Filing Date | Source Excerpt |
|---|---|
| 2015-04-29 | He has an MBA (Finance) from the University of Chicago. His vast experience as a businessperson, investor and research analyst will be a benefit to the Company. |
| 2016-04-29 | Mr. Swenson has served as Chief Executive Officer of Air T, Inc. since October 2013. Mr. Swenson is also a private investor and the founder and managing member of Groveland Capital, LLC, an investment management firm. |
| 2022-04-19 | Nicholas J. Swenson has served as President and Chief Executive Officer of Air T, Inc. (Nasdaq:AIRT) since 2014, having previously served in those roles on an interim basis since 2013. Mr. Swenson is also a private investor and the founder and managing member of Groveland Capital, LLC, an investment management firm, and is also the managing member of AO Partners, LLC, which is the general partner of AO Partners I, L.P., an investment fund. He previously served as a portfolio manager and partner of Whitebox Advisers, LLC, an investment management firm. He has a BA in History from Middlebury College and an MBA from the University of Chicago. |
| 2024-06-03 | Nicholas J. Swenson has served as President and CEO of Air T, Inc. He has a BA in History from Middlebury College and an MBA from the University of Chicago. |
| Filing Date | Source Excerpt |
|---|---|
| 2013-10-24 | Nicholas J. Swenson (45), current director and nominee, is an investor in both private and public companies. Mr. Swenson has been a director since January 2013. The table shows he serves on Audit and Nominating and Governance committees. The 2013 Directors’ Compensation Plan shows he waived stock options and certain fees, receiving $1,200 in fees. |
| 2014-10-22 | Our Board is currently composed of five members... Nicholas J. Swenson 46 Director, Chairman of the Board X C X ... Mr. Swenson has been a director of ours since January 2013... The following table details the cash retainers and fees, as well as equity compensation in the form of stock awards, paid to our non-employee directors during fiscal 2014: ... Nicholas J. Swenson $2,800 ... |
| 2015-10-22 | Nicholas J. Swenson (47), current director and nominee, is an executive, investor and research analyst. He has served as the managing partner of AO Partners, LLC since January 2012. He has also served as President and Chief Executive Officer of Air T, Inc. (AIRT), a Nasdaq listed company, since October 2013, as Chairman of the Board since August 2013 and as a member of the Board of Directors since August 2012. Mr. Swenson serves as a director of several private companies as well. Also, since March 2009, Mr. Swenson has been the Portfolio Manager of Groveland Capital, LLC. Prior to forming Groveland Capital, Mr. Swenson was a Portfolio Manager and Partner at Whitebox Advisors, LLC, a multi-strategy hedge fund, from 2001 to 2009. From 1999 to 2001 he was a research analyst at Varde Partners, LLC, a partnership that specializes in distressed debt investing. He was an Associate in Corporate Finance at Piper Jaffray, Inc. from 1996 to 1999. Mr. Swenson has a B.A. degree in History from Middlebury College (1991) and an M.B.A. from the University of Chicago (1996). Mr. Swenson has been a director of ours since January 2013. Mr. Swenson brings the following experience, qualifications, attributes and skills to our Board: 18 years of experience as a financial analyst and investment manager; Public company senior-level management, operating and board experience; and Independent of our management 2013 Directors Compensation Plan The following table details the cash retainers and fees, as well as equity compensation in the form of stock awards, paid to our non-employee directors during fiscal 2015: Name Fees Paid in Cash($) Option Awards($) Total($) David C. Hovda $24,800 24,800 William J. Farrell III $1,400 1,400 Nicholas J. Swenson $2,000 2,000 Raymond E. Cabillot $2,000 2,000 The cash amount reported in this column represents amounts paid to directors during fiscal 2015 and in some cases includes a portion of fees earned in fiscal 2014. |
| 2016-10-17 | Nicholas J. Swenson (48), current director and nominee, is an executive, investor and research analyst. He has served as the managing partner of AO Partners, LLC since January 2012. He has also served as President and Chief Executive Officer of Air T, Inc. (AIRT), a Nasdaq listed company, since October 2013, as Chairman of the Board since August 2013 and as a member of the Board of Directors since August 2012. Mr. Swenson serves as a director of several private companies as well. Also, since March 2009, Mr. Swenson has been the Portfolio Manager of Groveland Capital, LLC. Prior to forming Groveland Capital, Mr. Swenson was a Portfolio Manager and Partner at Whitebox Advisors, LLC, a multi-strategy hedge fund, from 2001 to 2009. From 1999 to 2001 he was a research analyst at Varde Partners, LLC, a partnership that specializes in distressed debt investing. He was an Associate in Corporate Finance at Piper Jaffray, Inc. from 1996 to 1999. Mr. Swenson has a B.A. degree in History from Middlebury College (1991) and an M.B.A. from the University of Chicago (1996). Mr. Swenson has been a director of ours since January 2013. |
| 2017-10-19 | Nicholas J. Swenson 49 Director, Chairman of the Board X C X ...The following table details the cash retainers and fees, as well as equity compensation in the form of stock awards, earned by our non-employee directors during fiscal 2017: David C. Hovda $25,000 William J. Farrell III $18,000 Nicholas J. Swenson $18,000 Raymond E. Cabillot $18,000 ...The cash amount reported in this column represents amounts earned during fiscal 2017. |
| 2018-10-05 | Nicholas J. Swenson 50 Director, Chairman of the Board Audit: X Compensation: C Nominating and Governance: X The following table details the cash fees, as well as equity compensation in the form of stock awards, earned by our non-employee directors during fiscal 2018: Name: Nicholas J. Swenson Fees Paid in Cash: $18,000 Option Awards: $0 Total: $18,000 |
| 2019-10-07 | Nicholas J. Swenson (51), current board Chairman, director and nominee, is an executive, investor and research analyst. ... Mr. Swenson has been a director of ours since January 2013. The following table details the cash fees, as well as equity compensation in the form of stock awards, earned by our non-employee directors during fiscal 2019: Name Fees Paid in Cash ($) Option Awards ($) Total ($) Nicholas J. Swenson $18,000 $0 $18,000 Our Board has an Audit Committee that consists of three Board members, Messrs. Hovda (Chairman), Cabillot and Swenson. Our Board has a Compensation Committee that consists of three Board members, Messrs. Swenson (Chairman), Cabillot and Farrell. Our Board has a Nominating/Corporate Governance Committee ("Nominating Committee") that consists of four Board members, Messrs. Cabillot (Chairman), Farrell, Hovda and Swenson. |
| 2020-10-06 | Nicholas J. Swenson 52 Director, Chairman of the Board X C X ...The following table details the cash fees earned by our non-employee directors during fiscal 2020. No stock options or other compensation was issued or paid to our non-employee directors during fiscal 2020. David C. Hovda $ 25,000 Raymond E. Cabillot $ 18,000 William J. Farrell III $ 18,000 Katrina M.K. Philp $ 9,000 Nicholas J. Swenson $ 18,000 |
| 2021-10-05 | Nicholas J. Swenson 53 Director, Chairman of the Board Audit: X Compensation: C Nominating and Governance: X The following table details the fees earned by our non-employee directors during fiscal 2021. David C. Hovda $18,000 $347,080 $372,080 Raymond E. Cabillot $18,000 $347,080 $365,080 William J. Farrell III $18,000 $347,080 $365,080 Katrina M.K. Philp $18,000 $347,080 $365,080 Nicholas J. Swenson $18,000 $347,080 $365,080 |
| 2022-10-03 | Nicholas J. Swenson 54 Director, Chairman of the Board Audit: X Compensation: C Nominating and Governance: X The following table details the fees earned by our non-employee directors during fiscal 2022. Nicholas J. Swenson $18,000 |
| 2023-10-27 | Nicholas J. Swenson 55 Director, Chairman of the Board Audit: C Compensation: X Nominating and Governance: C The following table details the fees earned by our non-employee directors during fiscal 2023. Nicholas J. Swenson $18,000 $18,000 |
| 2024-10-08 | Nicholas J. Swenson 56 Director, Chairman of the Board Audit C Compensation X Nominating and Governance C. The following table details the fees earned by our non-employee directors during fiscal 2024. Nicholas J. Swenson $18,000 Total $18,000. |
Data sourced from SEC filings. Last updated: 2025-08-30