8-KLeadership ChangesRegulation FDExhibits & Filings

FTAI Aviation Ltd. 8-K Report, Executive Changes (Mar 6, 2026)

Filed March 6, 2026For Securities:FTAIFTAIMFTAIN

Summary

FTAI Aviation Ltd. (FTAI) announced significant executive leadership changes effective March 6, 2026. Nicholas McAleese has been appointed Chief Financial Officer (CFO), and Michael Hazan has been appointed Chief Accounting Officer (CAO). Both individuals have been promoted from within the company, bringing extensive experience in financial operations, accounting, and reporting. Mr. McAleese, formerly SVP of Financial Planning and Analysis, and Mr. Hazan, formerly SVP, Controller, have been instrumental in strengthening the company's financial functions. This internal promotion signals a focus on continuity and leveraging existing talent within FTAI's finance department. The company also confirmed the departure of Eun (Angela) Nam as CFO and CAO, who is leaving to pursue an opportunity outside the aviation industry. Her departure is stated to be amicable and unrelated to any financial or accounting issues, with Ms. Nam providing transition support.

Key Highlights

  • 1Appointment of Nicholas McAleese as CFO and Michael Hazan as CAO, effective March 6, 2026.
  • 2Both McAleese and Hazan are internal promotions, reflecting a strategy of nurturing talent within FTAI.
  • 3McAleese's prior role as SVP, Financial Planning and Analysis, and Hazan's role as SVP, Controller, highlight their direct experience within the company's financial operations.
  • 4Eun (Angela) Nam resigned as CFO and CAO to pursue an external opportunity in a different industry.
  • 5Ms. Nam's departure is confirmed to be amicable and not related to any financial or accounting disagreements or issues.
  • 6New compensation packages for McAleese and Hazan include base salary increases and significant Restricted Stock Unit (RSU) grants, signaling investment in key leadership.
  • 7The company issued a press release on March 6, 2026, to announce these executive changes.

Frequently Asked Questions

FTAI Aviation Ltd. appointed Nicholas McAleese as its new Chief Financial Officer (CFO) and Michael Hazan as its new Chief Accounting Officer (CAO), both effective March 6, 2026. These appointments follow the resignation of the previous CFO and CAO, Eun (Angela) Nam.

Eun (Angela) Nam resigned to pursue a new opportunity at a public company outside the aviation industry. The company explicitly stated that her decision is not related to any financial or accounting issues or disagreements with the company.

The promotion of Nicholas McAleese and Michael Hazan from within FTAI demonstrates a focus on internal talent development and promotes continuity in financial leadership. Both have significant experience within the company, suggesting a smooth transition and a deep understanding of FTAI's operations and financial strategies.

In connection with their new roles, Mr. McAleese's annual base salary increased to $525,000 and Mr. Hazan's to $425,000. Additionally, each received a one-time grant of Restricted Stock Units (RSUs) valued at $1,200,000 for Mr. McAleese and $1,000,000 for Mr. Hazan, which vest ratably over three years.