All-cargo airline Amerijet International abruptly ousted CEO Tim Strauss on Monday after only one year on the job and announced that former CEO and current Executive Chairman Vic Karjian will replace him on an interim basis, effective Saturday, while it conducts a search for a new CEO.
The Miami-based airline, which is owned by New York-based private equity firm ZS Fund, didn’t give a reason for the surprise change, but an industry source with close ties to the company said it was the result of...
https://www.freightwaves.com/news/cargo-airline-amerijet-dumps-ceo-tim-strauss-after-1-year