One TWAer found a new job ...

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PHX Flyer

Sep 23, 2002
Phoenix, AZ
Press Release Source: Kitty Hawk, Inc.
Kitty Hawk, Inc. Announces the Election of Gerald L. Gitner as Chairman of The Board
Thursday November 7, 5:08 pm ET
DALLAS, Nov. 7 /PRNewswire-FirstCall/ -- Kitty Hawk, Inc. (OTC Pink Sheets: KTHKV - News) announces that Gerald L. Gitner has been elected as non-executive Chairman of the Board of the Company effective as of November 4, 2002. Mr. Gitner has served as a director of the Company since October 1, 2002.
Mr. Gitner is currently Chairman of D.G. Associates, Inc., a strategic planning and consulting practice. Mr. Gitner''s career has included previous airline industry assignments such as: Chairman and Chief Executive Officer of TWA, Inc.; President of Texas Air Corp.; and Vice Chairman of Pan Am World Airways and Pan Am Corp. and Chairman and Chief Executive Officer of Pan Am World Services.
In nominating Mr. Gitner to serve as Chairman, Myron Kaplan, Chairman of the Board''s Search Committee and partner with Kleinberg, Kaplan, Wolff & Cohen, PC in New York noted, Gerry''s extensive experience as a senior executive of several major businesses and his energetic and methodical approach to the myriad of issues facing the Board make him the logical choice to be non-executive Chairman of the Board. Additionally, the Board felt that as a result of recent developments in the best practices of corporate governance, it made sense to have a non-employee director serve as our Chairman.
In accepting the role of Chairman of the Board, Gitner said, I look forward to providing the focus for the wealth of knowledge, vision and experience of the members of our Board and allowing executive management, and the Chief Executive Officer in particular, to focus exclusively on the growth and efficient operations of the Company.
Succeeding Mr. Tilmon J. Reeves as Chairman of the Board, Gitner also said, Jim has provided extraordinary leadership in his stewardship of the Company through its Chapter 11 reorganization, we are indebted to him for his service to the Company and wish him the greatest success in the future.
Mr. Reeves has accepted an offer to provide strategic consulting services to the management team.
Mr. Gitner is a graduate of Boston University and serves on the Board of Trustees of both the Rochester Institute of Technology and the American College of Management & Technology.
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