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- Departure Of Ceo (new) — Chairman Carl Albert is departing the Board after the 2026 Annual Meeting, though transitioning to an advisory role.
Surf Air Mobility Chairman Carl Albert to step down, transition to paid advisor role
Filed May 22, 2026 · Period ending May 18, 2026 · ~1 min read
Key Changes
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high
Chairman Carl Albert will not seek re-election at July 24 annual meeting, ending his Board service. Company states departure is not due to any disagreement on operations or policies.
Item 5.02 verify on EDGAR → -
high
Shawn Pelsinger elected as successor Chairman, effective July 24, 2026, following Albert's nomination.
Item 5.02 verify on EDGAR → -
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Albert will become Chairman Emeritus advisor receiving $110K annual cash, $165K annual equity grants, plus one-time award of 1 million shares (750K vesting immediately, 250K after one year).
Item 5.02, Exhibit 10.1 verify on EDGAR →
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Source-verified from EDGAR · Narrative written by AI · May 24, 2026 · How we verify