Trend reversal: Strauss to remain Amerijet CEO after reconciliation
Tim Strauss canceled his resignation as CEO of Miami-based cargo airline Amerijet International Airlines, a week after the company announced his surprise departure in what industry sources called a disagreement over how to implement a new strategic vision.
“I am happy to announce that Tim Strauss has decided to remain CEO of Amerijet. I understand that the past week and a half may have been troubling for some of you and I appreciate your professionalism and support for the company, ”Executive Chairman Vic Karjian said Monday afternoon in a message to employees obtained by American Shipper.
Karjian was due to become interim CEO last Saturday while Amerijet sought out Strauss’ replacement. Karjian served as CEO for four years before moving to the board level when Strauss joined the company from Air Canada, where he headed cargo operations, in August 2020.
American Shipper reported that Strauss had resigned, frustrated that he did not have the elbow room to implement decisions as the company recruited new talent, increased investments in IT projects, and increased its fleet, operational footprint and customer base. . One of the main customers Amerijet now flies for is DHL Express.
“I am very happy that Tim has decided to stay with Amerijet and look forward to continuing to work with him as we realize our ambitions for the company,” Karjian said in a press release issued at the time of publication. of this story.
Amerijet, which is owned by New York-based private equity firm ZS Fund, did not explain how the parties resolved the apparent power struggle.
“There were many factors that motivated my decision to stay, but the most important was the great team that currently works in the company and our tremendous prospects for growth,” Strauss said in the unpublished press release. “I look forward to continuing to support our employees and customers during this exciting time for Amerijet. “
Amerijet began in 1974 with a leased jet carrying small cargo and passengers to the Bahamas. In 1978 Amerijet was on night flights with a fleet of Falcon 20. In 1987 Amerijet opened its hub at Miami International Airport to cover the Caribbean, Central America, Mexico and parts of America. from South. Last year she launched her first transatlantic route.
The company has grown rapidly and today has more than 800 employees.
Strauss added five planes to Amerijet’s fleet this year, bringing the total to 14 Boeing 767 freighters and one narrow-body Airbus A321 operated on his behalf by Titan Airways. The company has already taken delivery of two of the six converted Boeing 757s it has ordered and plans to deploy them later this year, spokeswoman Christine Richard said last week.
Strauss is also making plans to expand to other European destinations beyond Brussels and is considering expansion into the Asia-Pacific region.
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Cargo airline Amerijet and CEO Tim Strauss divorce after 1 year