KINSTON, N.C.–(BUSINESS WIRE)–flyExclusive, a leading provider of premium private jet charter experiences, today announced the appointment of three key division leaders to roles across business development, operations and flight control.
Rich Brennan was named Chief Development Officer reporting to flyExclusive Founder and CEO Jim Segrave. Christopher “Chip” Schultz will serve as Senior Vice President of Operations and will report to flyExclusive’s Chief Operating Officer Mike Guina. Scott Robbins was appointed Senior Director of Flight Control.
“We are thrilled to have Rich, Chip, and Scott in these key leadership roles during this critical juncture for our company,” Segrave said. “As our business grows, maintaining consistent, reliable and safe operations will always be our priority as we aim to provide a best-in-class experience for our customers and execute on our vertical integration strategy. The experience and expertise that these three professionals bring to our organization will be invaluable.”
Brennan will oversee the expansion of strategic partnerships and initiatives to accelerate the company’s continued growth. Brennan joins flyExclusive after two decades of experience in private aviation. From 2003 to 2010 Brennan served as Vice President of Sales at Segrave Aviation. He continued in this role at Delta Private Jets following the sale of Segrave Aviation to Delta. Brennan later joined Travel Management Company as Vice President of Sales and Marketing before working as an aviation consultant for a private family office.
“It’s an honor to once again join Jim and the seasoned management team at flyExclusive,” Brennan said. “This company excites me particularly because of its long runway for growth and proven business model. I look forward to building new partnerships and providing our customers with an unmatched private aviation experience.”
Schultz will oversee the flight operations team and strive to deliver the highest levels of safety and service in the industry. Schultz brings more than 25 years of aviation experience to flyExclusive and a background that spans FAR 121, 135, and 91k fractional operations. Schultz served in the U.S. Navy and has logged more than 6,800 hours of total aircraft time. He holds type ratings in A320, BE-300, BE-400, CL-65 and MU-300 aircraft.
“I am excited to relocate to Kinston with my family and to be a part of the vision Jim has set for this organization,” Schultz said. “It is an honor to be able to serve both the clients and employees that place their trust in the flyExclusive name and to partner with this group of aviation professionals.”
Robbins joins flyExclusive with more than three decades of experience in travel management and flight optimization. Robbins began his career in aviation at Travel Management Company where he led the development of one of the first fleet and crew optimization programs in charter aviation, growing the fleet to more than 70 planes and 200 pilots. He later held director positions in scheduling and sales with Talon Air and Image Air Charter.
“I look forward to the challenge of contributing to a team that will help flyExclusive continue its rapid growth,” Robbins said. “This opportunity is what led me to North Carolina, and I am excited to work with this incredible team.”
About flyExclusive
flyExclusive is a vertically-integrated, FAA regulated operator of private jet experiences offering customers on-demand charter, Jet Club, and fractional jet services to destinations across the globe. As one of the world’s largest operators of Cessna Citation aircraft, flyExclusive owns a floating fleet of more than 90 light to heavy jets. The company manages all aspects of the customer experience, ensuring that every flight is on a modern, comfortable and safe aircraft. flyExclusive’s in-house Maintenance, Repair and Overhaul services, including paint, interiors, and avionics capabilities, are provided from its campus headquarters in Kinston, North Carolina. To learn more, visit www.flyexclusive.com.
Additional Information
EG Acquisition Corp. (“EG”) filed a preliminary proxy statement (the “Preliminary Proxy Statement”) with the Securities and Exchange Commission (the “SEC”) on May 5, 2023 in connection with EG’s proposed acquisition (the “Business Combination”) of LGM Enterprises, LLC (“LGM”) pursuant to the equity purchase agreement, dated as of October 17, 2022, by and among EG, LGM and other parties (the “Equity Purchase Agreement”), and EG will mail the definitive proxy statement and other relevant documents to its stockholders. This communication does not contain all the information that should be considered concerning the Business Combination. It is not intended to provide the basis for any investment decision or any other decision in respect to the proposed Business Combination. EG’s stockholders and other interested persons are advised to read the Preliminary Proxy Statement, any amendments thereto, and, when available, the definitive proxy statement in connection with EG’s solicitation of proxies for the special meeting to be held to approve the Business Combination as these materials will contain important information about flyExclusive and EG and the proposed Business Combination. The definitive proxy statement will be mailed to the stockholders of EG as of a record date to be established for voting on the Business Combination. Such stockholders will also be able to obtain copies of the definitive proxy statement, without charge, once available, at the SEC’s website at http://www.sec.gov.
Participants in the Solicitation
EG, EG Sponsor LLC and their respective directors, executive officers, other members of management, and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies of EG’s stockholders in connection with the Business Combination. Investors and security holders may obtain more detailed information regarding the names and interests in the Business Combination of EG’s directors and officers in EG’s filings with the SEC, including EG’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022, which was filed with the SEC on April 13, 2023, and the Preliminary Proxy Statement. Stockholders can obtain copies of EG’s filings with the SEC, without charge, at the SEC’s website at www.sec.gov.
flyExclusive and its directors and executive officers may also be deemed to be participants in the solicitation of proxies from EG’s stockholders in connection with the Business Combination. A list of the names of such directors and executive officers and information regarding their interests in the Business Combination can be found in the Preliminary Proxy Statement.
No Offer or Solicitation
This communication is for informational purposes only and is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy any securities or the solicitation of any vote in any jurisdiction pursuant to the Business Combination or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, and otherwise in accordance with applicable law.
