Richard Corrado elected president of ATSG

Rich Corrado, next CEO of ATSG

The board of directors at Air Transport Services Group has elected Richard Corrado as president, effective from 16 September.

As president, Corrado, who has been chief operating officer since September 2017, will be responsible for goal-setting and oversight of all ATSG business.

The board has elected Edward Koharik to succeed Corrado as chief operating officer, managing day-to-day operations for the majority of ATSG companies.

Randy Rademacher, board chairman of ATSG says: “I know I speak for the Board of Directors in expressing confidence that Rich’s strengths in marketing, operations, and business development, backed by Ed Koharik’s operations experience and the continuing contributions and experience of the rest of our outstanding management team, will launch ATSG on an exciting new phase of sustained success, providing solid returns for our shareholders, exemplary service for our customers, and growth opportunities for our employees.”

Since 2010, Corrado has extended ATSG’s business model known as A+CMI, allowing customers to separate the aircraft lease from the crew, maintenance and insurance.

He also recognised the growth of e-commerce and placed midsize, medium-range Boeing 767 Freighters at the centre of the express network.

Koharik comes to ATSG after a military career with leadership experience with the US Transportation Command and operational and safety roles with FlightSafety.

Commenting on his new role, Corrado says: “No other company in the world can compete with our bundle of services for midsize freighters, including leasing, air express operations, heavy maintenance, freighter conversions, and logistics services. I am eager to take on a new role as president to help leverage our exceptional assets and lead our dedicated employees to deliver even greater results for shareholders.”