Caps 44-Year Career In Aviation

Silver Airways Corp. announced Tuesday that CEO Darrell Richardson plans to retire from the company, capping a long and distinguished career in aviation. Mr. Richardson informed the Board of Directors of his decision and has received its full support. Silver’s board of directors is actively conducting a search for a new CEO, and Richardson will remain in a consulting capacity until a transition is finalized. Richardson has also accepted an offer to join the Company’s board of directors.

“Darrell has played an integral role in building Silver Airways and we have realized many accomplishments under his leadership," said Matthew Ray, Chairman of the Board for Silver Airways. "His dedication and contributions, both strategically and operationally, have positioned us for continued future success. We now have a strong operating platform and bright future ahead. We could not be more thankful for Darrell’s leadership.”

The former CEO of Air Turks & Caicos and Pace Airlines, Mr. Richardson’s career in aviation spans more than 40 years and includes posts with such notable former and current carriers as Continental, Air Florida and Mesaba Airlines, where he served as Chief Operating Officer from 1995 to 2000. He started his career with Piedmont Airlines in 1968 after earning a BSEE degree from the Cook Institute of Technology. Mr. Richardson also holds an MBA in International Business and Finance from the University of Miami.

FMI: www.gosilver.com