Republic Airways completes CEO succession; Grizzle receives $3.7M accelerated payout

Filed June 17, 2026 · Period ending June 11, 2026 · ~1 min read

Key Changes

• high

  Matthew Koscal appointed to board and assumed President/CEO role effective June 15, completing previously announced succession plan. Board expanded from six to seven members.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
• high

  Former CEO David Grizzle transitioned back to non-executive Chairman with accelerated compensation totaling $3.7M cash and 311,802 shares, despite original agreement terms extending through June 2027.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
• medium

  CFO Joseph Allman and COO Paul Kinstedt promoted to Executive Vice President roles, each receiving $500K equity awards split between time-vested RSUs and performance-based PSUs.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →