Sky Harbour Group (NYSE: SKYH) appoints Gessow, names new audit chair after Jackson
Rhea-AI Filing Summary
Sky Harbour Group Corporation reported that director Walter Jackson will resign from its Board of Directors, effective December 31, 2025. Jackson, who is 66 and has served on the Board and as Chairman of the Audit Committee since January 2022, is stepping down for reasons not related to any disagreement with the company’s operations, policies, or practices.
To fill the vacancy, the Board has appointed Andrew Jody Gessow, age 68, to serve as a director until the 2026 Annual Meeting of Shareholders and as a member of the Audit Committee, both effective upon Jackson’s resignation. The Board determined that Gessow qualifies as an independent director under SEC and NYSE rules, noted that he has no related-party transactions above $120,000, and will receive standard non‑management director compensation and an indemnification agreement. The Board also named Jordan Moelis, a director and Audit Committee member since June 2024, as the new Chairman of the Audit Committee, effective upon Jackson’s resignation.
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FAQ
What board changes did Sky Harbour Group (SKYH) disclose?
Sky Harbour Group announced that Walter Jackson will resign from the Board and as Chairman of the Audit Committee effective December 31, 2025. The Board appointed Andrew Jody Gessow as a director and Audit Committee member and named Jordan Moelis as the new Audit Committee Chairman, both effective upon Jackson’s resignation.
Why is Walter Jackson resigning from the Sky Harbour (SKYH) board?
The company stated that Walter Jackson’s resignation from the Board, effective December 31, 2025, was not due to any disagreement with Sky Harbour Group’s operations, policies, or practices.
Who is Andrew Jody Gessow, the new Sky Harbour (SKYH) director?
Andrew Jody Gessow, age 68, is the President of Argosy Development and has held senior roles at DivCore Equity Partners, Divco West Real Estate Services, and One Equity Partners LLC. He serves on the board of Waterfall Security Solutions and previously served on the boards of Quotient Technology, Mandiant Corporation, and TV Guide Network.
Is Andrew Gessow considered an independent director at Sky Harbour (SKYH)?
Yes. The Board determined that Andrew Gessow is an independent director under applicable Securities and Exchange Commission rules and New York Stock Exchange listing standards, including with respect to committee service.
Who will chair the Audit Committee at Sky Harbour Group (SKYH) after Jackson resigns?
Upon Walter Jackson’s resignation, the Board appointed Jordan Moelis, age 38, as the new Chairman of the Audit Committee. Moelis has been a member of the Board and Audit Committee since June 2024.
Are there any related-party transactions involving Andrew Gessow and Sky Harbour (SKYH)?
The company stated that since the beginning of its last fiscal year, Andrew Gessow has not been, and is not expected to be, a participant in any transaction in which the amount exceeded $120,000 and in which any related person had or will have a direct or indirect material interest.
Does Andrew Gessow have any family or appointment arrangements with Sky Harbour (SKYH)?
Sky Harbour Group reported that there is no arrangement or understanding with any person pursuant to which Andrew Gessow was appointed to the Board and that he has no family relationships with any current director, executive officer, or nominee of the company.