Bridger Aerospace announces leadership changes due to CEO resignation

July 2, 2024

Leadership transitions at Bridger Aerospace

I look forward to watching their continued success.

Bridger Aerospace CEO Timothy P. Sheehy

Bridger Aerospace Group Holdings, Inc. has announced changes to its management team and Board of Directors following the resignation of Chief Executive Officer and Director, Timothy P. Sheehy.

Sheehy is leaving the company to run for the U.S. Senate in Montana.

As reported by Bridger Aerospace, Sam Davis, currently the Chief of Staff, has been appointed as interim CEO, and Jeffrey Kelter has been named Executive Chairman.

Tim Sheehy stated: “The leadership team at Bridger Aerospace, supported by our experienced board, will continue to excel at its core mission; saving lives and protecting property.

“This exceptional team deserves a fully focused CEO during its busy fire season.

“Now that I have won the primary election, it is appropriate for me to allow our leadership team to focus on their duties.

“I look forward to watching their continued success.”

Confidence in new leadership

Jeffrey Kelter, the newly appointed Executive Chairman, expressed confidence in the company’s future leadership.

Kelter commented: “Tim has worked tirelessly since he founded Bridger to build an industry-leading management team, including individuals with strong aviation, corporate and military backgrounds.

“As a result of this effort, the Board is confident in the ability of the Company’s executive team to continue to operate our fleet of aircraft to execute the Company’s vision.

“Additionally, since Tim announced his candidacy for U.S. Senate last year, the Board has been preparing for his possible departure, and we are fortunate to have Sam in place to take on the role of interim CEO.

“With his operating experience and long history with Bridger we expect a smooth transition and remain well positioned to achieve our growth objectives.”

Sam Davis steps in as interim CEO

Sam Davis, who joined Bridger Aerospace in 2019, has taken on the role of interim CEO.

Davis expressed his enthusiasm for the new role, stating: “I am honored to step in and serve in this capacity at such an exciting time for the Company.

“We are entering into the historical peak of the wildfire season, and I look forward to leading, managing and safely deploying the Company’s team and fleet to save lives, property and environmental habitat threatened by wildfires – on budget and in line with Company expectations.

“The Bridger team has a strong culture of high performance and safety – it is a highly reliable team – whose laser-focus on our customers and their communities is driving a strong trajectory of growth.”

Davis has played a key role in guiding Bridger Aerospace through its transition from private to public and has been integral in facilitating revenue growth and implementing operational efficiencies.

He has previously held positions at Oracle, Inc., Meltwater, and Natus Medical, Inc., bringing extensive experience in financial management and project leadership.

Board’s plans for permanent CEO search

The Nominating and Corporate Governance Committee of the Board, led by Board Member Rear Admiral (Upper Half) Wyman Howard, will begin a search process for a permanent CEO.

This process aims to ensure that Bridger Aerospace continues to grow and fulfill its mission of providing critical aerial firefighting services.

FSJA Comment

Bridger Aerospace’s recent announcement highlights a significant transition period for the company.

With the departure of Timothy P. Sheehy to pursue a political career, the company has positioned Sam Davis as interim CEO, showcasing confidence in his leadership capabilities.

Jeffrey Kelter’s role as Executive Chairman further supports this transition, emphasizing the strength and preparedness of the executive team.

As the company navigates the peak of the wildfire season, the leadership’s focus remains on operational efficiency and safety.

The upcoming search for a permanent CEO will be crucial for Bridger Aerospace as it seeks to maintain its trajectory of growth and commitment to its core mission of aerial firefighting and wildfire management services.

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