Form 8-K · Current Report · Filed 2025-05-02
FTAI Aviation Appoints Shyam Gidumal as New Independent Director
On April 30, 2025, FTAI Aviation Ltd.'s Board of Directors increased its size to seven members and appointed Shyam Gidumal as an independent director, effective May 7, 2025.
- Filer
- FTAI FTAI
- Filed
- Accession
- 0001140361-25-016983
- CIK
- 0001590364
- Signal
- High impact
- Source
- Official filing on sec.gov ↗
Details
Mr. Gidumal will serve a term expiring at the 2027 annual general meeting and will also join the Audit Committee. His compensation includes $75,000 in base annual compensation, an additional $12,500 fee for Audit Committee service, and restricted stock units valued at $145,000. No arrangements or understandings facilitated his appointment, and no related transactions requiring disclosure are noted.
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Market reaction
Close before filing
$86.90
Next session
+15.9%
Since filing
+137.1%
Latest close
$206.00
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Precedent
Previous filings from FTAI reporting the same item, with the next session's move:
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