Madison Air Solutions names new accounting chief

Madison Air Solutions Corporation reported a leadership change in its finance organization.

Rhea-AI Filing Summary

Madison Air Solutions Corporation reported a leadership change in its finance organization. Effective June 17, 2026, the Board appointed David M. Wisniewski as Chief Accounting Officer. Former Interim Chief Accounting Officer Michael Kenning will continue as Global Controller.

Wisniewski, age 57, previously served as Chief Accounting Officer at James Hardie Industries and Gates Industrial Corporation. Under his offer letter, he will receive a $355,000 annual base salary, be eligible for an annual incentive award targeted at 50% of base salary, and participate in the long-term incentive program. He is also slated to receive equity appreciation rights units with an approximate grant date value of $700,000, vesting on July 15, 2031, subject to employment commencement and approvals.

8-K Event Classification

2 items: 5.02, 9.01

2 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Effective date of appointment: June 17, 2026 Age of appointee: 57 Base salary: $355,000 per year +3 more

6 metrics

Effective date of appointment June 17, 2026 Start date as Chief Accounting Officer

Age of appointee 57 Age of David M. Wisniewski

Base salary $355,000 per year Annual base salary under offer letter

Target annual incentive 50% of base salary Target bonus opportunity tied to performance goals

Equity award value $700,000 Aggregate grant date value of equity appreciation rights units

Equity vesting date July 15, 2031 Scheduled vesting date of equity appreciation rights units

Key Terms

Chief Accounting Officer, Global Controller, equity appreciation rights units, long-term incentive program, +1 more

5 terms

Chief Accounting Officer financial

"appointed David M. Wisniewski to the position of Chief Accounting Officer of the Company"

A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.

Global Controller financial

"Michael Kenning will continue in his role as Global Controller"

equity appreciation rights units financial

"will receive an award of equity appreciation rights units having an aggregate grant date value"

A bundle of rights that gives the holder a claim to the increase in a company’s share price over a set period, payable in cash, shares, or a mix of both. Think of it like a ticket that pays out only if the stock goes up: it rewards recipients for generating share-price gains but can dilute existing shareholders if settled in stock or reduce company cash if paid in cash, so investors watch these grants for their impact on ownership and earnings.

long-term incentive program financial

"eligible to participate in the Company’s annual long-term incentive program"

A long-term incentive program is a company plan that pays executives or employees rewards—often stock, options, or cash—only if the business hits performance goals over several years. It matters to investors because these payouts align managers’ interests with shareholders, encouraging decisions that boost sustained growth and share value rather than short-term gains; think of it as a multi-year bonus tied to measurable company outcomes.

related person transactions regulatory

"There are no related person transactions (within the meaning of Item 404(a) of Regulation S-K"

Transactions between a company and individuals or entities that have close relationships to the company’s insiders or major owners, such as executives, directors, their family members, or firms they control. These deals matter to investors because they can affect the company's finances or fairness—like a shop owner buying supplies from a relative’s business, which could be normal but might also favor the relative or mask conflicts of interest—so transparency and terms are closely watched.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What leadership change did Madison Air Solutions (MAIR) announce in this 8-K?

Madison Air Solutions appointed David M. Wisniewski as Chief Accounting Officer effective June 17, 2026. Interim Chief Accounting Officer Michael Kenning will continue as Global Controller, providing continuity while Wisniewski assumes responsibility for the company’s accounting and financial reporting functions.

What is the compensation package for Madison Air Solutions’ new Chief Accounting Officer?

David Wisniewski will receive a $355,000 annual base salary and be eligible for an annual incentive award targeted at 50% of base salary. He will also participate in the company’s long-term incentive program, aligning part of his compensation with longer-term performance.

What equity award will David Wisniewski receive from Madison Air Solutions (MAIR)?

Subject to employment commencement and approvals, Wisniewski will receive equity appreciation rights units with an aggregate grant date value of about $700,000. These units are scheduled to vest on July 15, 2031, encouraging long-term retention and alignment with shareholder interests.

Does Madison Air Solutions disclose any related-party transactions with David Wisniewski?

The company states there are no related person transactions between David Wisniewski and Madison Air Solutions within the meaning of Item 404(a) of Regulation S-K. This indicates no disclosed business dealings that could raise conflict-of-interest concerns under that SEC rule.

What prior experience does Madison Air Solutions’ new Chief Accounting Officer have?

Wisniewski most recently served as Vice President, Global Controller and Chief Accounting Officer at James Hardie Industries from April 2024 to March 2026. Before that, he was Senior Vice President and Chief Accounting Officer at Gates Industrial Corporation from April 2018 to April 2024.

Does David Wisniewski have any family relationships with Madison Air Solutions’ leadership?

The company reports that Wisniewski has no family relationships with any director, executive officer, or person nominated or chosen to become a director or executive officer. This disclosure helps clarify potential conflicts or governance concerns around his appointment.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/16/2026 - 03:44 PM EDT Learn about SEC filing dates

FALSE000209843000020984302026-06-122026-06-12

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 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): June 12, 2026

Madison Air Solutions Corporation

(Exact name of registrant as specified in its charter)

Delaware

001-43236

41-2529345

(State or other jurisdiction of incorporation or organization)

(Commission File Number):

(I.R.S. Employer Identification Number)

444 West Lake Street, Suite 4460

Chicago, IL 60606

(Address of principal executive offices)

(312) 262-6374

(Registrants telephone number, including area code)

Check the appropriate box below if the Form 9-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 240.425)
☐			Soliciting materials pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbols(s)

Name of each exchange on which registered

Class A common stock, par value $0.0000001

MAIR

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Act of 1934 (§240.12.b-2 of this chapter).
Emerging growth company									☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.									☐

Item 5.02 Departure of Directors or Certain Officers; Elections of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective June 17, 2026, the Board of Directors of Madison Air Solutions Corporation (the “Company”) appointed David M. Wisniewski to the position of Chief Accounting Officer of the Company. In connection with this appointment, Michael Kenning will continue in his role as Global Controller and will no longer serve as the Company’s Interim Chief Accounting Officer effective June 17, 2026.

Mr. Wisniewski, age 57, most recently served as Vice President, Global Controller and Chief Accounting Officer of James Hardie Industries PLC (NYSE: JHX; ASX: JHX), a global provider of exterior home and outdoor living solutions, from April 2024 to March 2026. Prior to this role, Mr. Wisniewski served as Senior Vice President and Chief Accounting Officer of Gates Industrial Corporation PLC (NYSE: GTES), a global manufacturer of power transmission and fluid power solutions, from April 2018 to April 2024. Mr. Wisniewski received a Bachelor of Business Administration from the University of Michigan and is a Certified Public Accountant licensed in Michigan.

Pursuant to Mr. Wisniewski’s offer letter, dated June 12, 2026 (the “Offer Letter”), Mr. Wisniewski will receive an annual base salary of $355,000, will be eligible to earn an annual incentive award at a target rate of 50% of base salary, subject to attainment of applicable performance goals, and will be eligible to participate in the Company’s annual long-term incentive program. In connection with Mr. Wisniewski’s appointment, subject to commencement of employment and approval by the Compensation and Nominating Committee and the Board of Directors, Mr. Wisniewski will receive an award of equity appreciation rights units having an aggregate grant date value of approximately $700,000 vesting on July 15, 2031.

There are no arrangements or understandings between Mr. Wisniewski and any other person pursuant to which Mr. Wisniewski was appointed as Chief Accounting Officer of the Company. Mr. Wisniewski does not have any family relationships with any director, executive officer or person nominated or chosen by the Company to become a director or executive officer of the Company. There are no related person transactions (within the meaning of Item 404(a) of Regulation S-K promulgated by the Securities and Exchange Commission) between Mr. Wisniewski and the Company.

The Offer Letter is attached hereto as Exhibit 10.1 and incorporated herein by reference. The foregoing description of the Offer Letter does not purport to be complete and is qualified in its entirety by reference to the full text of the Offer Letter.

Item 9.01. Financial Statements and Exhibits.

Exhibit Number			Exhibit Description
10.1			Offer Letter, dated June 12, 2026, by and between David Wisniewski and Madison Air Solutions Corporation.
104			Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

									Madison Air Solutions Corporation (Registrant)
Date:			June 16, 2026			By:			/s/ JOHN LAVORATO
									John Lavorato
									General Counsel

Filing Exhibits & Attachments

4 documents

Agreements & Contracts

• EX-10.1 EX-10.1 950 B

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 1.8 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 22.0 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 12.8 KB