8-KLeadership ChangesOther Events

FTAI Aviation Ltd. 8-K Report, Executive Changes (Apr 16, 2025)

Filed April 16, 2025For Securities:FTAIFTAIMFTAIN

Summary

FTAI Aviation Ltd. (FTAI) has announced key executive appointments via an 8-K filing dated April 16, 2025, reflecting organizational changes effective April 15, 2025. The most significant development is the appointment of David Moreno as Principal Operating Officer, in addition to his existing role as Chief Operating Officer, and his election as an "officer" under Section 16 of the Exchange Act. Mr. Moreno brings extensive experience from Fortress Investment Group, with a strong focus on aviation investments, and has been with FTAI since January 2021. This elevation suggests a greater role in the company's operational leadership. Furthermore, the Board has elected Stacy Kuperus as Chief Portfolio Officer and BoHee Yoon as General Counsel and Secretary as "officers" for Section 16 purposes. Ms. Kuperus, who has been with FTAI since March 2021 and has a background in portfolio asset operations from Fortress, will oversee business operations across FTAI's asset portfolio. Ms. Yoon, appointed General Counsel in February 2025 and Secretary in May 2024, brings a wealth of legal and corporate governance experience from Fortress and major public companies, including prior roles as Secretary for several publicly traded entities. These appointments underscore a strengthening of the executive team, particularly in operational, portfolio management, and legal/governance capacities.

Key Highlights

  • 1David Moreno appointed Principal Operating Officer and elected as a Section 16 "officer".
  • 2Moreno's promotion signifies an expanded operational leadership role within FTAI.
  • 3Stacy Kuperus elected as Chief Portfolio Officer and designated a Section 16 "officer".
  • 4BoHee Yoon elected as General Counsel and Secretary and designated a Section 16 "officer".
  • 5These appointments reflect a strengthening of FTAI's senior executive team.
  • 6All appointed officers have prior experience within Fortress Investment Group, indicating continuity and leveraging of established expertise.

Frequently Asked Questions

Being elected an "officer" for Section 16 purposes means these individuals are now subject to specific reporting requirements under the Securities Exchange Act of 1934. This includes reporting their ownership of the company's securities and any changes to that ownership (Form 3, 4, and 5 filings) to the SEC and the public. It generally signifies a higher level of responsibility and access to material non-public information within the company.

While the filing does not explicitly state strategic shifts, the appointment of David Moreno as Principal Operating Officer, in addition to his COO role, suggests a reinforced focus on operational execution and management. The appointments of Ms. Kuperus and Ms. Yoon further solidify the executive team in areas critical to managing a diverse asset portfolio and ensuring robust legal and governance frameworks, which are foundational to executing any strategy effectively.

David Moreno has been COO since January 2021 and previously held aviation investment roles at Fortress. Stacy Kuperus has been Chief Portfolio Officer since March 2021 and led operational structuring at Fortress's aviation platform. BoHee Yoon joined as General Counsel in February 2025 and Secretary in May 2024, bringing extensive legal and corporate governance experience from Fortress and serving as secretary for other public companies. All three have significant experience within Fortress Investment Group, indicating a deep understanding of the company's operating environment and investment history.