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Wheels Up Appoints Meaghan Wells as EVP of Enterprise Planning and Strategy

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Wheels Up Experience Inc. (NYSE: UP) has appointed Meaghan Wells as its new EVP of Enterprise Planning and Strategy. Wells will lead the development of the company's long-term growth strategy, focusing on enterprise planning, fleet and corporate strategy, corporate development, and commercial partnerships. Her expertise lies in driving growth and securing capital for rapidly scaling organizations.

Wells' background includes a notable tenure as Chief Investment Officer at Vista Global, where she led financing strategy, corporate finance, FP&A, and investor relations during a period of rapid profitable growth. CEO George Mattson expressed confidence in Wells' ability to contribute to Wheels Up's strategic mission of building a strong and resilient business model.

Wells is set to begin her role at Wheels Up on November 4, 2024. She joins the company as it continues to focus on profitable growth and operational excellence, building upon its recent operational improvements and strategic partnership with Delta Air Lines.

Wheels Up Experience Inc. (NYSE: UP) ha nominato Meaghan Wells come nuovo EVP di Pianificazione e Strategia Aziendale. Wells guiderà lo sviluppo della strategia di crescita a lungo termine dell'azienda, concentrandosi sulla pianificazione aziendale, la strategia della flotta e corporate, lo sviluppo aziendale e le partnership commerciali. La sua esperienza si trova nel guidare la crescita e nel garantire capitali per organizzazioni in rapida espansione.

Il background di Wells include un'importante esperienza come Chief Investment Officer presso Vista Global, dove ha guidato la strategia di finanziamento, la finanza aziendale, FP&A e le relazioni con gli investitori durante un periodo di rapida crescita redditizia. Il CEO George Mattson ha espresso fiducia nella capacità di Wells di contribuire alla missione strategica di Wheels Up di costruire un modello di business forte e resiliente.

Wells inizierà il suo ruolo in Wheels Up il 4 novembre 2024. Si unisce all'azienda mentre continua a concentrarsi sulla crescita redditizia e sull'eccellenza operativa, costruendo sui recenti miglioramenti operativi e sulla partnership strategica con Delta Air Lines.

Wheels Up Experience Inc. (NYSE: UP) ha nombrado a Meaghan Wells como nueva EVP de Planificación y Estrategia Empresarial. Wells liderará el desarrollo de la estrategia de crecimiento a largo plazo de la empresa, centrándose en la planificación empresarial, la estrategia de flota y corporativa, el desarrollo corporativo y las asociaciones comerciales. Su experiencia radica en impulsar el crecimiento y asegurar capital para organizaciones en rápido crecimiento.

La trayectoria de Wells incluye una destacada labor como Directora de Inversiones en Vista Global, donde lideró la estrategia de financiación, finanzas corporativas, FP&A y relaciones con inversores durante un período de rápido crecimiento rentable. El CEO George Mattson expresó confianza en la capacidad de Wells para contribuir a la misión estratégica de Wheels Up de construir un modelo de negocio fuerte y resiliente.

Wells comenzará su función en Wheels Up el 4 de noviembre de 2024. Se une a la empresa mientras continúa enfocándose en el crecimiento rentable y la excelencia operativa, construyendo sobre las recientes mejoras operativas y la asociación estratégica con Delta Air Lines.

Wheels Up Experience Inc. (NYSE: UP)는 Meaghan Wells를 새로운 기업 계획 및 전략 EVP로 임명했습니다. Wells는 기업 계획, 함대 및 기업 전략, 기업 개발 및 상업적 파트너십에 중점을 두고 회사의 장기 성장 전략 개발을 이끌 것입니다. 그녀의 전문성은 빠르게 성장하는 조직을 위해 성장을 주도하고 자본을 확보하는 데 있습니다.

Wells의 배경에는 Vista Global의 최고 투자 책임자로서의 주목할 만한 재임 기간이 포함되어 있으며, 그 동안 그녀는 빠르게 수익성 있는 성장 기간 동안 자금 조달 전략, 기업 금융, FP&A 및 투자자 관계를 이끌었습니다. CEO George Mattson은 Wells가 Wheels Up의 강력하고 탄력적인 비즈니스 모델 구축이라는 전략적 목표에 기여할 수 있는 능력에 대해 확신을 표명했습니다.

Wells는 2024년 11월 4일에 Wheels Up에서 역할을 시작할 예정입니다. 그녀는 수익성 있는 성장과 운영 우수성에 초점을 맞추고 Delta Air Lines와의 최근 운영 개선 및 전략적 파트너십을 바탕으로 회사를 합류하게 됩니다.

Wheels Up Experience Inc. (NYSE: UP) a nommé Meaghan Wells au poste de nouvelle EVP de la Planification et de la Stratégie d'Entreprise. Wells dirigera le développement de la stratégie de croissance à long terme de l'entreprise, en se concentrant sur la planification d'entreprise, la stratégie de flotte et d'entreprise, le développement d'entreprise et les partenariats commerciaux. Son expertise réside dans la stimulation de la croissance et la sécurisation des capitaux pour les organisations en forte expansion.

Le parcours de Wells comprend un passage notable en tant que Directrice des Investissements chez Vista Global, où elle a dirigé la stratégie de financement, la finance d'entreprise, FP&A et les relations avec les investisseurs durant une période de croissance rentable rapide. Le PDG George Mattson a exprimé sa confiance dans la capacité de Wells à contribuer à la mission stratégique de Wheels Up, qui est de construire un modèle commercial fort et résilient.

Wells devrait commencer son rôle chez Wheels Up le 4 novembre 2024. Elle rejoint l'entreprise alors qu'elle continue de se concentrer sur une croissance rentable et l'excellence opérationnelle, s'appuyant sur ses récents améliorations opérationnelles et son partenariat stratégique avec Delta Air Lines.

Wheels Up Experience Inc. (NYSE: UP) hat Meaghan Wells zur neuen EVP für Unternehmensplanung und Strategie ernannt. Wells wird die Entwicklung der langfristigen Wachstumsstrategie des Unternehmens leiten, mit Schwerpunkt auf Unternehmensplanung, Flotten- und Unternehmensstrategie, Unternehmensentwicklung und kommerziellen Partnerschaften. Ihre Expertise liegt darin, Wachstum zu fördern und Kapital für schnell wachsende Organisationen zu sichern.

Wells' Hintergrund umfasst eine bemerkenswerte Tätigkeit als Chief Investment Officer bei Vista Global, wo sie in einer Phase raschen profitablen Wachstums die Finanzierungsstrategie, Unternehmensfinanzierung, FP&A und Investorenbeziehungen leitete. CEO George Mattson äußerte sein Vertrauen in Wells' Fähigkeit, zu der strategischen Mission von Wheels Up beizutragen, ein starkes und widerstandsfähiges Geschäftsmodell aufzubauen.

Wells wird am 4. November 2024 ihre Rolle bei Wheels Up antreten. Sie tritt dem Unternehmen bei, während dieses weiterhin auf profitables Wachstum und operative Exzellenz fokussiert ist und auf den jüngsten operativen Verbesserungen sowie der strategischen Partnerschaft mit Delta Air Lines aufbaut.

Positive
  • Appointment of experienced industry professional Meaghan Wells as EVP of Enterprise Planning and Strategy
  • Wells' expertise in driving growth and securing capital for rapidly scaling organizations
  • Potential for immediate impact on company's success and long-term growth strategy
  • Continued focus on profitable growth and operational excellence
Negative
  • None.

Wells to lead Wheels Up's enterprise planning, fleet and corporate strategy, corporate development and commercial partnerships, leveraging her years of industry experience

ATLANTA, Oct. 8, 2024 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) today announced Meaghan Wells as its new EVP of Enterprise Planning and Strategy, to lead the development of the company's long-term growth strategy and further cement Wheels Up's position as a leader in global aviation solutions.

Wells has a dynamic background and experience, specializing in driving growth and securing capital for rapidly scaling organizations. Her experience in strategic planning, corporate development, capital raising, investor relations and commercial partnerships has assisted in transforming businesses into leaders within their industries.

This was most notably seen in the private aviation sector during her career at Vista Global where, as Chief Investment Officer, she led the financing strategy, corporate finance, FP&A and investor relations functions during a phase of rapid profitable growth that also included multiple acquisitions.

"I'm delighted to add such a talented and experienced private aviation professional to our leadership team," said Wheels Up CEO George Mattson. "Meaghan's deep understanding of the industry, the competitive landscape and her experience in building a long-term plan that drives profitable growth will further our strategic mission to build a strong and resilient business model. As we continue to build the best team in the industry, we look forward to Meaghan joining the company and having an immediate impact on our success."

"Over the past year, Wheels Up has continued to lay the groundwork for the next phase in its journey by fortifying the business through continuous operational improvement and delivering simplified, accessible and flexible solutions across private and commercial aviation, including through its one-of-a-kind strategic partnership with Delta Air Lines," said Wells. "I'm thrilled to join Wheels Up, and look forward to working with leadership and the entire team to drive strategy and identify new opportunities as the company continues to focus on profitable growth while delivering operational excellence."

Wells is expected to officially begin her role at Wheels Up on November 4, 2024.

About Wheels Up
Wheels Up is a leading provider of on-demand private aviation in the U.S. and one of the largest companies in the industry. Wheels Up offers a complete global aviation solution with a large and diverse fleet and a global network of safety vetted charter operators, all backed by an uncompromising commitment to safety and service. Customers can access charter and membership programs, as well as unique commercial travel benefits through a one-of-a-kind, strategic partnership with Delta Air Lines. Wheels Up also offers freight, safety and security solutions and managed services to individuals, industry, government and civil organizations. 

Wheels Up is guided by the mission to deliver a premium solution for every customer journey. With the Wheels Up mobile app and website, members and customers have the digital convenience to search, book and fly.

Cautionary Note Regarding Forward-Looking Statements

This press release contains certain "forward-looking statements" within the meaning of the federal securities laws. 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 known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside of the control of Wheels Up Experience Inc. ("Wheels Up", or "we", "us", or "our"), that could cause actual results to differ materially from the results discussed in the forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding:  (i) the expected impact and timing of any new personnel or expected personnel transitions; and (ii) Wheels Up's ability to achieve positive Adjusted EBITDA (as defined in Wheels Up's Annual Report on Form 10-K for the year ended December 31, 2023 ("Annual Report") filed with the U.S. Securities and Exchange Commission (the "SEC") on March 7, 2024) pursuant to the schedule that its has announced or otherwise achieve our profitability goals. In addition, any statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate," "believe," continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "strive," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that statement is not forward-looking. We have identified certain known material risk factors applicable to Wheels Up in our Annual Report filed with the SEC and our other filings with the SEC. Moreover, it is not always possible for us to predict how new risks and uncertainties that arise from time to time may affect us. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Except as required by law, we do not intend to update any of these forward-looking statements after the date of this press release.

Media Contact
press@wheelsup.com

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SOURCE Wheels Up

FAQ

Who is Meaghan Wells and what is her new role at Wheels Up (NYSE: UP)?

Meaghan Wells has been appointed as the new EVP of Enterprise Planning and Strategy at Wheels Up Experience Inc. (NYSE: UP). She will lead the development of the company's long-term growth strategy, focusing on enterprise planning, fleet and corporate strategy, corporate development, and commercial partnerships.

When will Meaghan Wells start her new position at Wheels Up (NYSE: UP)?

Meaghan Wells is expected to officially begin her role at Wheels Up (NYSE: UP) on November 4, 2024.

What is Meaghan Wells' background and experience in the aviation industry?

Meaghan Wells has a background in the private aviation sector, most notably as Chief Investment Officer at Vista Global. There, she led financing strategy, corporate finance, FP&A, and investor relations during a period of rapid profitable growth that included multiple acquisitions.

How does Wheels Up (NYSE: UP) plan to benefit from Meaghan Wells' appointment?

Wheels Up (NYSE: UP) expects to benefit from Meaghan Wells' deep understanding of the industry, competitive landscape, and experience in building long-term plans that drive profitable growth. Her expertise is expected to further the company's strategic mission of building a strong and resilient business model.

Wheels Up Experience Inc.

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