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flyExclusive Announces Key Addition, Further Strengthening Leadership Team

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flyExclusive (NYSEAMERICAN: FLYX), a premium private jet charter provider, has announced key leadership appointments to strengthen its executive team. Brad Garner joins as Chief Financial Officer, Matt Lesmeister becomes Chief Operating Officer, and Mike Guina transitions to Chief Commercial Officer, effective immediately.

Garner, previously with Hale Partnership Capital Management, , brings experience in fundraising, capital structuring, and accounting. Lesmeister will focus on driving operational excellence across the enterprise, while Guina will oversee sales and new business strategies.

CEO Jim Segrave expressed confidence in the new leadership structure, stating it positions the company for its next growth phase and reinforces its commitment to world-class professionals. The changes aim to optimize finance operations, accelerate strategic initiatives, and drive multiyear value for customers, employees, and shareholders.

flyExclusive (NYSEAMERICAN: FLYX), un fornitore premium di noleggio di jet privati, ha annunciato importanti nomine dirigenziali per rafforzare il suo team esecutivo. Brad Garner entra come Chief Financial Officer, Matt Lesmeister diventa Chief Operating Officer e Mike Guina passa a Chief Commercial Officer, con effetto immediato.

Garner, precedentemente con Hale Partnership Capital Management, porta un'esperienza nella raccolta fondi, nella strutturazione del capitale e nella contabilità. Lesmeister si concentrerà sul miglioramento dell'eccellenza operativa dell'azienda, mentre Guina supervisionerà le vendite e le strategie per nuovi affari.

Il CEO Jim Segrave ha espresso fiducia nella nuova struttura dirigenziale, affermando che posiziona l'azienda per la sua prossima fase di crescita e rafforza il suo impegno verso professionisti di livello mondiale. Le modifiche mirano a ottimizzare le operazioni finanziarie, accelerare le iniziative strategiche e generare valore pluriennale per clienti, dipendenti e azionisti.

flyExclusive (NYSEAMERICAN: FLYX), un proveedor premium de chárter de jets privados, ha anunciado importantes nombramientos en su liderazgo para fortalecer su equipo ejecutivo. Brad Garner se une como Director Financiero, Matt Lesmeister se convierte en Director de Operaciones y Mike Guina pasa a ser Director Comercial, con efecto inmediato.

Garner, quien anteriormente trabajó en Hale Partnership Capital Management, aporta experiencia en recaudación de fondos, estructuración de capital y contabilidad. Lesmeister se enfocará en impulsar la excelencia operativa en toda la empresa, mientras que Guina supervisará las ventas y las estrategias de nuevos negocios.

El CEO Jim Segrave expresó confianza en la nueva estructura de liderazgo, afirmando que posiciona a la empresa para su próxima fase de crecimiento y refuerza su compromiso con profesionales de clase mundial. Los cambios tienen como objetivo optimizar las operaciones financieras, acelerar iniciativas estratégicas y generar valor a largo plazo para clientes, empleados y accionistas.

flyExclusive (NYSEAMERICAN: FLYX)는 프리미엄 개인 제트 전세 제공업체로서 임원 팀을 강화하기 위한 주요 리더십 임명을 발표했습니다. Brad Garner가 최고 재무 책임자로, Matt Lesmeister가 최고 운영 책임자로, Mike Guina가 최고 상업 책임자로 즉시 전환합니다.

Garner는 이전에 Hale Partnership Capital Management에서 근무했으며, 자금 조달, 자본 구조화 및 회계 분야의 경험을 제공합니다. Lesmeister는 기업 전반의 운영 우수성 향상에 집중할 것이며, Guina는 판매 및 신규 사업 전략을 감독할 것입니다.

CEO Jim Segrave는 새로운 리더십 구조에 대한 신뢰를 표명하며, 이는 회사를 다음 성장 단계로 위치시키고 세계적 수준의 전문가들에 대한 헌신을 강화한다고 말했습니다. 이러한 변화는 재무 운영을 최적화하고 전략적 이니셔티브를 가속화하며 고객, 직원 및 주주를 위한 다년간의 가치를 창출하는 것을 목표로 합니다.

flyExclusive (NYSEAMERICAN: FLYX), un fournisseur premium de location de jets privés, a annoncé des nominations clés pour renforcer son équipe dirigeante. Brad Garner rejoint l'entreprise en tant que Directeur Financier, Matt Lesmeister devient Directeur des Opérations et Mike Guina passe au poste de Directeur Commercial, avec effet immédiat.

Garner, auparavant chez Hale Partnership Capital Management, apporte une expérience dans la collecte de fonds, la structuration du capital et la comptabilité. Lesmeister se concentrera sur l'amélioration de l'excellence opérationnelle dans l'ensemble de l'entreprise, tandis que Guina supervisera les ventes et les stratégies de nouveaux affaires.

Le PDG Jim Segrave a exprimé sa confiance dans la nouvelle structure de leadership, affirmant qu'elle positionne l'entreprise pour sa prochaine phase de croissance et renforce son engagement envers des professionnels de classe mondiale. Les changements visent à optimiser les opérations financières, à accélérer les initiatives stratégiques et à générer de la valeur sur plusieurs années pour les clients, les employés et les actionnaires.

flyExclusive (NYSEAMERICAN: FLYX), ein Anbieter von Premium-Charterdiensten für Privatjets, hat wichtige Führungspositionen angekündigt, um sein Führungsteam zu stärken. Brad Garner tritt als Chief Financial Officer bei, Matt Lesmeister wird Chief Operating Officer und Mike Guina wechselt sofort zu Chief Commercial Officer.

Garner, zuvor bei Hale Partnership Capital Management, bringt Erfahrung in den Bereichen Fundraising, Kapitalstrukturierung und Rechnungswesen mit. Lesmeister wird sich darauf konzentrieren, die betriebliche Exzellenz im gesamten Unternehmen voranzutreiben, während Guina den Vertrieb und die Strategien für neue Geschäfte überwachen wird.

CEO Jim Segrave äußerte Vertrauen in die neue Führungsstruktur und erklärte, sie positioniere das Unternehmen für die nächste Wachstumsphase und verstärke das Engagement für weltweit führende Fachleute. Die Änderungen zielen darauf ab, die Finanzoperationen zu optimieren, strategische Initiativen zu beschleunigen und langfristigen Wert für Kunden, Mitarbeiter und Aktionäre zu schaffen.

Positive
  • Addition of experienced CFO Brad Garner to strengthen financial operations
  • Reorganization of leadership roles to focus on operational excellence and business growth
  • Potential for improved financial strategies and capital structuring
  • Enhanced alignment between finance, sales, and operating functions
Negative
  • None.

Brad Garner joins the Company as Chief Financial Officer

Matt Lesmeister to broaden responsibilities as Chief Operating Officer

Mike Guina named Chief Commercial Officer

KINSTON, N.C.--(BUSINESS WIRE)-- flyExclusive, Inc. (NYSEAMERICAN: FLYX) (“flyExclusive” or the “Company”), a publicly-traded provider of premium private jet charter experiences, today announced a number of key leadership appointments, adding additional experience to the Company’s executive leadership. Brad Garner joins flyExclusive as Chief Financial Officer, Matt Lesmeister will become Chief Operating Officer and Mike Guina will transition to Chief Commercial Officer, effective immediately.

“The addition of Brad to our team adds significant bench depth to a leadership team that we believe is the best in the industry. The actions reflect our commitment to a leadership team with world-class professionals and positions the Company for the next phase of growth,” said Jim Segrave, Founder and CEO of flyExclusive. “I’m thrilled to welcome Brad to the organization and I’m confident his expertise in fundraising, innovative capital structuring, and accounting will further optimize our finance organization. His addition, in close coordination with Matt Lesmeister, should extend and leverage the significant improvement in our processes made by Matt and team over the course of this past year. Brad’s addition also allows Matt and Mike to accelerate strategic operational and new business initiatives designed to drive multiyear value and success for flyExclusive’s customers, employees and shareholders.”

Garner joins flyExclusive from Hale Partnership Capital Management, LLC (‘HPCM”), a multi-strategy investment partnership with a focus on public equity, private equity and real estate, where he served as Chief Financial and Compliance Officer since 2015. Garner also served as the Chief Financial and Principal Accounting Officer for the publicly traded HG Holdings, Inc. from 2018 through 2022. Also while at HPCM, Brad served as the CFO of Best Bar Ever, Inc., a protein bar company, where he helped lead the spin-off of non-core assets and structured multiple rounds of venture capital investment and ultimate exit. Prior to HPCM, Brad spent nearly 10 years in public accounting at Dixon Hughes Goodman LLP in both the audit and tax practices. Brad has a Bachelor of Science and a Master of Science in Accountancy from Wake Forest University.

“I’m incredibly excited to join flyExclusive as it sets the industry standard for excellence in private aviation,” Garner said. “I look forward to leveraging my public company experience to build on the strong foundation that’s been established and continue flyExclusive’s impressive growth trajectory.”

As Chief Operating Officer, Lesmeister will focus on driving operational excellence across the enterprise with continued alignment and coordination between finance, sales and operating functions.

As Chief Commercial Officer, Guina will further focus his oversight of flyExclusive’s sales and new business strategies across wholesale, retail, fractional, Jet Club, and aircraft Maintenance Repair and Operations.

“I’d like to thank Matt and Mike for their continued leadership and dedication to our business,” Segrave said. “They have been instrumental in driving excellence across the organization and we’re a stronger company today because of their many contributions to date. I have never been more confident than I am today about the leadership team we have in place and look forward to further leveraging this core strength to consolidate and accelerate flyExclusive’s leadership position in the industry.”

About flyExclusive

flyExclusive is a vertically integrated, FAA-certificated air carrier providing private jet experiences by offering customers a choice of on-demand charter, Jet Club, and fractional ownership services to destinations across the globe. flyExclusive has one of the world’s largest fleets of Cessna Citation aircraft, and it operates a combined total of approximately 100 jets, ranging from light to large cabin sizes. The company manages all aspects of the customer experience, ensuring that every flight is on a modern, comfortable, and safe aircraft. flyExclusive’s in-house repair station, aircraft paint, cabin interior renovation, and avionics installation capabilities, are all provided from its campus headquarters in Kinston, North Carolina. To learn more, visit www.flyexclusive.com.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to: risks related to reliance on and the need to hire, integrate and retain key personnel; management of growth; the ability of the Company to file timely file its required annual and quarterly reports with the SEC; the ability of the Company to regain compliance with NYSE American continued listing standards and maintain the listing of the Company’s securities on a national securities exchange; the ability of the Company to comply with covenants under and repay its debt; the potential dilution of stock ownership by our capital raising efforts; the outcome of any legal proceedings; volatility of the price of the Company’s securities due to a variety of factors, including publication of articles about the Company by third parties, changes in the competitive and highly regulated industries in which flyExclusive operates, variations in operating performance across competitors, changes in laws and regulations affecting flyExclusive’s business; the ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities; and the risk of downturns and a changing regulatory landscape in the highly competitive aviation industry. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of flyExclusive’s registration statement on Form S-1 and other documents filed by the Company from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. The Company does not give any assurance that it will achieve its expectations.

Media: Jillian Wilson, Marketing Specialist

media@flyexclusive.com



Investor Relations: Sloan Bohlen, Solebury Strategic Communications

investors@flyexclusive.com

Source: flyExclusive, Inc.

FAQ

Who is the new CFO of flyExclusive (FLYX)?

Brad Garner has been appointed as the new Chief Financial Officer of flyExclusive (FLYX), effective immediately.

What changes were made to flyExclusive's (FLYX) leadership team?

flyExclusive (FLYX) appointed Brad Garner as CFO, promoted Matt Lesmeister to COO, and transitioned Mike Guina to CCO.

What is Brad Garner's background before joining flyExclusive (FLYX)?

Brad Garner previously served as Chief Financial and Compliance Officer at Hale Partnership Capital Management, , and has experience in public accounting and as CFO for publicly traded companies.

How might these leadership changes impact flyExclusive's (FLYX) future growth?

The new leadership structure aims to optimize finance operations, accelerate strategic initiatives, and drive multiyear value, potentially positioning flyExclusive (FLYX) for its next growth phase.

flyExclusive, Inc.

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