Joe Hete reappointed CEO of Air Transport Services Group

North America Appointments
Former CEO of Air Transport Services Group (ATSG), Joe Hete, has returned to his old role, taking over from Rich Corrado.

Hete, who has 40 years of industry experience, previously served as CEO between 2003 and 2020, has been a member of the Board of Directors since 2003 and previously held management roles at ABX Air.

He was appointed by the Board of Directors to return to his long-time position and will remain Chairman of the Board.

Randy Rademacher, Lead Independent Director, says, “He is uniquely qualified to step into this role to optimise our current performance and position ATSG for the future. Under Joe’s leadership, we believe the company will be well-positioned to continue building on its strong foundation, solidifying its market-leading position, and working to deliver meaningful value for our shareholders.”

Commenting on his new role, Hete says, “ATSG has always proven itself to be a very resilient business, and I am both honoured and energised to be returning to the role of CEO. With our strong balance sheet, differentiated business model, diverse customer base and unique competitive position, we believe we are poised to create value for our stakeholders as the world’s premier freighter lessor.”