Leadership Team

MARK MORABITO, BA, JD

EXECUTIVE CHAIRMAN

Mark Morabito has more than 20 years of experience in the public markets with expertise in raising capital and corporate development. He is the founder of King & Bay West, a merchant bank and technical services company that specializes in identifying, funding, developing and managing high-potential opportunities. Mark has been the principal driving force behind numerous resource development companies including Alderon Iron Ore Corp. and Excelsior Mining Corp., among others. He has raised more than $700 million in capital and commitments to date and has attained two listings on the New York Stock Exchange. Mark has a Bachelor of Arts from Simon Fraser University and completed his Juris Doctor degree at Western University.

STAN GADEK, B.SC, MBA

CEO & DIRECTOR

Stan Gadek has more than 20 years of experience in the airline industry. He served as President, CEO and CFO of Sun Country Airlines, where he grew revenue and sales, reduced costs and improved customer service, resulting in four consecutive years of profitability. He expanded Sun Country’s network to 34 domestic and international destinations and developed a vacation travel division, which created additional revenue diversification. Stan was also the past CFO of AirTran, a 140 Boeing 737 scheduled airline, which was sold to Southwest Airlines in 2011 for more than US$1.3 billion. He has experience with other notable carriers including United Express, a brand of United Airlines, Continental Airlines, and Northwest Airlines.

JOHN STEPHENSON, B.SC

INDEPENDENT DIRECTOR

John Stephenson has more than 20 years of senior management and executive experience in the ULCC sector. John was instrumental in the rapid and substantial growth of Wizz Air and EasyJet, two highly successful European ULCCs. In 2006, he joined Wizz Air as Chief Commercial Officer and became Executive Vice President in 2009 until he stepped down in 2016. During his 10-year tenure with Wizz Air, the fleet grew from six to 75 aircraft, revenue increased to more than €1.5 billion and net profit margin grew by more than 15%. John worked at EasyJet from 1997 to 2006 in a variety of roles including Head of Revenue Management, Head of Network and Revenue Management and Acting Commercial Director. He helped EasyJet become one of Europe’s most profitable airlines and grow its fleet from three to 100 aircraft. From 1991 to 1997, John was with MVA Consultancy as a consultant in the transport and financial divisions. He obtained his Bachelor of Science degree in mathematics from the University of Brighton.

JASON GRANT, BA, MBA

INDEPENDENT DIRECTOR

Jason Grant has helped to raise more than US$900 million in aviation and transportation capital over the past 20 years, while working in key financial, operational and leadership roles in the airline, transportation, logistics and private equity sectors. Jason is currently Managing Partner of Headhaul Capital Partners LLC, a New York based private equity investment firm he co-founded in 2014. HeadHaul specializes in acquiring and building businesses in the transportation, logistics and distribution industries. Previously, Jason served as Executive Vice President, CFO and Chief Commercial Officer at United Maritime Group LLC, a Jefferies Capital Partners LLC portfolio company. He was also CFO at Atlas Air Worldwide Holdings, where he helped the company grow its market capitalization by more than 250% to above $1.5 billion. He also led an operational transformation that significantly grew earnings and margins and successfully completed the sale of three operating divisions. Jason also held senior finance roles at both American Airlines and Canadian Airlines. He obtained his Bachelor of Business Administration from Wilfrid Laurier University and has an MBA from Simon Fraser University.

Saad Hammad, BA, MBA

INDEPENDENT DIRECTOR

Saad Hammad has more than 30 years of executive, senior management and board experience, including a proven ability to build a profitable business and create value in the low-cost airline industry. He also serves on the Board of Directors for Pegasus Airlines, a leading low-cost airline in Turkey, and held previous board positions at Air Berlin and Optos Plc, a medical technology company, Saad has a Bachelor of Arts, with Honours, in Politics, Philosophy and Economics at the University of Oxford and obtained his MBA from the INSEAD business school in France.

RÉJEAN BOURQUE, BAA, ICD.D

INDEPENDENT DIRECTOR

Réjean Bourque has more than 35 years of experience in managing large scale and innovative financing, risk and insurance transactions. He currently serves as Senior Vice President of Marsh Canada, a global leader in insurance broking and risk management. Réjean held executive positions with Bombardier in investor and government relations as well as corporate, aerospace and transportation financing. Réjean also sits on the board of Groupe DCM Inc. and served on the boards and executive committees of the Ste-Anne’s Hospital Foundation and Fondation Madeli-Aide. He also served on the Board of Directors of a subsidiary of GE Capital for six years. In 2007, he obtained the professional ICD.D designation from the Institute of Corporate Directors.

JOHN SUTHERLAND, CPA, CGA

INDEPENDENT DIRECTOR

John Sutherland has served as CFO at a number of publicly listed companies in the transportation, technology and mining sectors, including at Canada Jetlines from July 2015 to February 2017. In his career to date, John helped to take 12 companies public and raised more than $250 million in equity and debt financings. He has served as a director on numerous boards of companies listed on the Toronto Stock Exchange, TSX Venture Exchange and the NYEX Amex. He specializes in audit committee and corporate governance, with specific expertise in M&A.

DEBORAH ROBINSON, ICD.D

INDEPENDENT DIRECTOR

Deborah Robinson has more than 25 years of experience as a human resources executive, working in dynamic, changing environments. She is the President of Bay Street HR, a company she founded in late 2001. Previously, Deborah was the Executive Director at CIBC World Markets and held senior HR positions at Fidelity Investments and American Express in Boston and New York City. She is a graduate of Rotman School of Corporate Governance, Institute of Corporate Directors, ICD.D, and Institute of Corporate Directors, Human Resources Committee Certification. Deborah is also a director on the board of VIA Rail Canada, where she serves on the Human Resources and Compensation Committee, as well as the Governance and Risk Committee.

MARK LOTZ, BBA, CA, CPA

INDEPENDENT DIRECTOR

Mark Lotz has more than 22 years of experience as a director and in senior finance roles in the mining industry and related securities businesses. He has been a CFO at a number of publicly listed companies, served as a senior executive officer for two Vancouver-based securities firms and a financial compliance officer for the Vancouver Stock Exchange. He was a member of the Board of Examiners at the Chartered Professional Accountants of British Columbia and author of provincial tax and accounting exams. Mark obtained his Bachelors of Business Administration with a joint major in economics from Simon Fraser University.

MARK MORABITO, BA, JD

EXECUTIVE CHAIRMAN

Mark Morabito has more than 20 years of experience in the public markets with expertise in raising capital and corporate development. He is the founder of King & Bay West, a merchant bank and technical services company that specializes in identifying, funding, developing and managing high-potential opportunities. Mark has been the principal driving force behind numerous resource development companies including Alderon Iron Ore Corp. and Excelsior Mining Corp., among others. He has raised more than $700 million in capital and commitments to date and has attained two listings on the New York Stock Exchange. Mark has a Bachelor of Arts from Simon Fraser University and completed his Juris Doctor degree at Western University.

STAN GADEK, B.SC, MBA

CEO & DIRECTOR

Stan Gadek has more than 20 years of experience in the airline industry. He served as President, CEO and CFO of Sun Country Airlines, where he grew revenue and sales, reduced costs and improved customer service, resulting in four consecutive years of profitability. He expanded Sun Country’s network to 34 domestic and international destinations and developed a vacation travel division, which created additional revenue diversification. Stan was also the past CFO of AirTran, a 140 Boeing 737 scheduled airline, which was sold to Southwest Airlines in 2011 for more than US$1.3 billion. He has experience with other notable carriers including United Express, a brand of United Airlines, Continental Airlines, and Northwest Airlines.

CARLO VALENTE, BBA, CA, CPA

CFO

Carlo Valente has nearly two decades of international business development, corporate advisory, M&A, corporate finance and accounting experience. He has served as CFO at five different publicly listed and private companies, leading all financial reporting, management reporting, budgeting, treasury, financial modeling, merger integration, IT system implementation, tax, insurance and administrate matters. He was directly involved in the raising of more than $200 million in capital. He was with PwC for 15 years in both Canada and Europe. Carlo has a Bachelor of Business Administration from Simon Fraser University and obtained his CA designation in 2000. He is a member of both the Institute of Chartered Accountants of British Columbia and the Canadian Institute of Chartered Accountants.

DIX LAWSON, OMM, CD, MPM, PMP, PCIP

VP STRATEGIC PLANNING & COST CONTROL

Dix Lawson has more than 30 years of strategic, operational and tactical planning experience in managing and leading projects and programs in the private and public sectors. He has worked on several large projects and programs valued at between $50 million to $80 million, as well as a supply chain re-engineering project that resulted in savings of about $200 million. Dix was the Project Manager of Security for the Vancouver 2010 Olympics. He is a former Canadian Army Officer and is an officer of the Order of Military Merit. He has a Master’s Degree in Project Management, maintains his Project Management Professional certification, and has an applied Military Science Diploma from Cranfield University in the UK.

OLEN AASEN, JD

VP LEGAL AND CORPORATE SECRETARY

Olen Aasen is a corporate and securities lawyer with more than 10 years of experience in corporate, securities and regulatory matters. He has been the Corporate Secretary and Vice President, Legal at various Canadian and U.S.- listed companies. Olen has an undergraduate business degree from the University of British Columbia’s Sauder School of Business, obtained his Juris Doctor degree from the University of British Columbia and is a member of the British Columbia Bar. Olen was named to the 2016 Legal 500 General Counsel Powerlist: Canada.

Jennifer Paterson, BA

Director of Corporate Development

Jennifer Paterson has extensive corporate communications and project management experience across Canada and the United States. Jennifer leverages her communications, logistics, and organizational skills to assist with the incubation, launch, and commercialization of new ventures. She leads all corporate development initiatives from the Vancouver office of King & Bay West and serves as the Deputy Captain on the Zone Leadership Team for the City of Vancouver, focusing on emergency planning and response. Jennifer obtained an honours degree in Business Management and Earth Sciences at Western University.

MIKE HARRIS, ICD.D

ADVISOR

Mike Harris was the Premier of the Ontario from 1995 to 2002. After leaving politics, he formed his own consulting firm and began serving as an advisor to a number of corporate organizations. Mike is a Senior Advisor at Fasken Martineau DuMoulin LLP and serves as a Director on a number of public and private boards. He also and sits on a number of corporate advisory boards, including private equity funds such as EnerTech Capital, Beringer Capital, and Sterling Financial Group. Mike is the Senior Fellow for the Fraser Institute, a leading Canadian economic, social research and education organization and Director for the Manning Centre for Building Democracy.

JERRY PRESLEY. B.ENG.SC.

ADVISOR

Jerry Presley is the founder, CEO and President of Manterra Technologies, which specializes in the design and manufacturing of engineered products. He served in the Royal Canadian Air Force and worked in airline operations at Canadian Pacific Airlines. Jerry has spent more than 30 years working as consultant in international business, corporate finance and advanced technologies, with an emphasis on aviation, manufacturing, travel, recreation and the financial sector. He serves on various foundations and community service organizations and is also a member of Canada’s Sports Hall of Fame and the Canadian Forces Sports Hall of Fame. Jerry has an engineering degree from the Royal Military College of Canada.

LES DAKENS

ADVISOR

Les Dakens has more than 30 years of experience working in human resources for top-tier companies and is widely recognized for his leadership in developing best practices as one of North America’s top human resource professionals. He serves as Managing Director and Partner at My Next Season Canada, an organization that advises transitioning executives. Previously, Les held numerous senior management roles, including Senior Vice President and Chief Human Resources Officer for Maple Leaf Foods Inc., Senior Vice President, People with Canadian National Railway, and North American Vice President of Human Resources at H.J. Heinz Company.

Vijay Bathija

ADVISOR

Vijay Bathija brings over 20 years of experience in the aviation industry in Canada and around the world. Vijay was the President and CEO of John C. Munro Hamilton International Airport. During his tenure, the airport realized over 70% growth in passengers and secured significant new air services. Prior to this, he spent over nine years with Air Canada, most recently as Vice President, Commercial for Air Canada Leisure Group, which includes Air Canada Vacations and Air Canada rouge with which he led the commercial aspects for the successful launch of the leisure carrier. He has also worked as a consultant with Sabre Airline Solutions, advising airlines and airports around the world on route network, fleet and alliance strategy projects. Vijay holds an MBA from Queen’s University in Kingston, Ontario and a Bachelor of Commerce degree from the University of Delhi in New Delhi, India.