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Kitty Hawk, Inc. (KHK) RSS Feed

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Created
05/04/07
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KHK -- Kitty Hawk, Inc.--http://www.kha.com Phone: (972) 456-2200 Kitty Hawk, Inc., located at Dallas/Fort Worth International Airport, is a publicly traded holding company, with three wholly-owned subsidiaries, Kitty Hawk Cargo, Inc., Kitty Hawk Aircargo, Inc., and Kitty Hawk Ground, Inc. With more than 30 years of air cargo experience, Kitty Hawk, Inc. is recognized as the premier provider of mission-critical, heavy weight transportation services in North America. Kitty Hawk Cargo, Inc. is North America’s only independent overnight heavy-weight freight system moving millions of pounds of freight each night. With our all-cargo fleet of Boeing 727 and 737-300SF freighter aircraft, Kitty Hawk Aircargo, Inc. provides air freight transportation services and ACMI charters around the globe. Kitty Hawk Ground, Inc. doing business as Air Container Transport, manages Kitty Hawk's nationwide airport-to-airport scheduled LTL ground service. http://www.cnbc.com/id/15837275?q=khk Officers: Robert W. Zoller Jr, CEO; Toby Skaar, COO; Randy S. Leiser, CFO; Steven E. Markhoff, Secretary NOTE: On April 25, 2007 Major Stockholder Bryant Riley Joins Board of Directors ! Mel Keating Elected Chairman of the Board President & CEO Bob Zoller Announces his Retirement ***Four other members of the Company’s Board of Directors including Gerald Gitner, Raymond Greer, Myron Kaplan and Laurie Shahon have resigned from the Board oc april 25, 2007 http://www.kittyhawkcompanies.com/press_release.aspx?id=70 A two-member Executive Committee comprised of current Board members Mel Keating and Joe Ruffolo will temporarily assume Mr. Zoller’s responsibilities until a replacement is appointed. The executive management team will continue in their current positions and will report to the Executive Committee. Mr. Keating, who joined the Kitty Hawk Board of Directors in March 2006, has been appointed Chairman of the Board, replacing Mr. Gitner. Bryant Riley, a greater than 15 percent stockholder of Kitty Hawk, and Alan Howe, Vice President of Strategic and Wireless Business Development for Covad Communications, Inc.(Public, AMEX:DVW)and recommended by Lloyd Miller III, a greater than 23 percent stockholder of Kitty Hawk have been appointed to the Board of Directors. The Board has been reduced to five members from seven. *Mr. Keating, 57, is a certified public accountant with more than 30 years of international experience in senior financial and operating positions including, senior vice president of financial administration at Olympia + York Companies, as president and chief executive officer of both Sunbelt Management Company and Picasso Properties, and as a consultant to Warburg Pincus Equity Partners. Currently, he serves on the board of Plymouth Rubber Company and is chairman of its audit committee. Mr. Keating holds MBA and MS degrees from the Wharton School of Business at the University of Pennsylvania. *Mr. Keating is also currently the CEO of Alliance Semiconductor Corp.-----Ticker symbol(ALSC) Website: http://www.alsc.com http://www.investorshub.com/boards/quotes.asp?ticker=alsc&qm_page=23308&qm_symbol=ALSC ><><><><><><><><><><><><><> Lloyd I. Miller, III --- 21.7% owner SOLE VOTING POWER 9,980,871 SHARED VOTING POWER 2,989,842 TOTAL SHARE VOTED 12,970,713 *SCHEDULE 13D for Lloyd I. Miller, III - April 20, 2007 http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0000950123%252D07.... *Fiscal Year End: December 31 *Edgar Filing Status: Current EDGAR Filer *CIK: 0000932110 *Outstanding Shares: 52,925,896 as of 2007-03-29 *Estimated Market Cap: 28.05M as of 2007-05-03 (based on *Outstanding Shares as of 2007-03-29) *Number of Shareholders of Record: 1,590 as of 2007-04-02 Company Notes: Note=5-00 Company filed petition under Chapter XI of the Federal Bankruptcy Code in the U.S. Bankruptcy Court for the Northern District of Texas, Fort Worth Division. Case No. 00-42141-BJH-11. Plan of Reorganization effective 9-30-02: Holders of Com (Old) to receive nothing; 9.95% Senior Notes in the prin amt of $340 million were cancelled in exchange for the the right to receive approx 40,500,000 shs of Com (New) & cash; Company expects to issue to the holders of unsecured claims of the Debtors approx 7,000,000 shs and 2,500,000 shs of Com (New) to an affiliate of Pegasus Aviation Class Notes: Issued=9-02 Pursuant to reorganization out of bankruptcy. 9.95% Senior Notes in the prin amt of $340 million were cancelled in exchange for the the right to receive approx 40,500,000 shs of Com (New) & cash. Company expects to issue to the holders of unsecured claims of the Debtors approx 7,000,000 shs and 2,500,000 shs of Com (New) to an affiliate of Pegasus Aviation Kitty Hawk Corporate Headquarters Physical Address: 1515 W. 20th Street DFW Int’l. Airport, Texas 75261 Mailing Address: P.O. Box 612787 DFW Int’l. Airport, Texas 75261 Telephone: (800) 468-3257 Primary State of Incorporation: Delaware Country of Incorporation: USA
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