Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 5, 2022, the board of directors of Saker Aviation Services, Inc. (the
"Company") appointed Samuel Goldstein, age 44 to serve as president, chief
executive officer, principal executive officer, principal financial officer, and
principal accounting officer, effective immediately. Mr. Goldstein has served as
a director of the Company since September 21, 2018 and has been serving as our
acting principal executive officer since March 26, 2021. Also on July 5 2022,
the Company, as the sole stockholder of its fully owned subsidiary FBO
Air-Garden City, Inc., (the "Subsidiary") appointed Mr. Goldstein to serve as
the director of the Subsidiary, effective immediately. The board of directors of
the Subsidiary, upon the Company's recommendation, appointed Mr. Goldstein as
president, chief executive officer, and secretary of the Subsidiary, effective
July 5, 2022. In early 2019, Mr. Goldstein joined Marino, a leading strategic
communications firm with offices in New York and Los Angeles, where he is a
Senior Director with Marino's Land Use Public Policy unit. Mr. Goldstein served
as Deputy Director of the Helicopter Tourism and Jobs Council ("HTJC") from 2014
to 2019. Mr. Goldstein was also a principal at Kivvit Public Affairs from 2017
to 2018 and served previously as the director of government relations for Air
Pegasus, from 2013 to 2016, and for Selfhelp Community Services, one of New
York's largest senior housing and social service organizations, from 2008 to
2013.
The Company believes Mr. Goldstein's exposure and outreach skills acquired
during his time as Deputy Director of the Helicopter Tourism and Jobs Council,
along with his knowledge of the local helicopter marketplace, enable Mr.
Goldstein to advise the Subsidiary and Company on potential courses of action.
Mr. Goldstein was not appointed to these positions pursuant to any arrangement
or understanding with any person and has no family relationships between any
directors or executive officers of the Company. Neither Mr. Goldstein nor any of
his immediate family has been a party to any transaction with the Company, nor
is any such transaction currently proposed, that would be reportable under Item
404(a) of Regulation S-K.
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