Veteran Leader Brings Deep Strategic,
Aviation, and Governance Experience to Boardroom
ATLANTA, Aug. 8, 2024
/PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) today
announced that Gregory L. Summe,
Managing Partner of Glen Capital Partners LLC, joined its Board of
Directors, effective August 7.
Summe fills the unexpired term of David
Adelman, who is stepping down to focus on other professional
pursuits. Summe's initial term as a Class II director will continue
until the 2026 annual meeting of the Company's stockholders. He
will serve on the Audit and Compensation Committees of the
Board.
"We are excited to welcome Greg
Summe to our Board of Directors. He brings sharp strategic
focus, decades of relevant experience, a successful track record as
a public company CEO, and valuable insights as an investor and
highly experienced corporate director," said Adam Zirkin, Chairman of the Board. "I would
also like to thank David Adelman for
his years of invaluable service and unwavering dedication to the
Wheels Up mission."
Summe currently serves as the Managing Partner of Glen Capital,
a role which he has held since 2013. Previously, Summe was the
Managing Director and Vice Chair of Global Buyout at The Carlyle
Group ("Carlyle"), a leading global private equity firm, from 2009
to 2014. At Carlyle, he was a member of the firm's Operating
Committee and responsible for the Buyout Funds in Financial
Services, Infrastructure, Japan,
the Middle East and Africa. Prior to joining Carlyle, he was the
Chair and Chief Executive Officer of PerkinElmer Inc.
("PerkinElmer"), a global leader in health sciences, from 1998 to
2009. He also served as a senior advisor to Goldman Sachs Capital
Partners, from 2008 to 2009. Prior to joining PerkinElmer, Summe
held various leadership roles, including as President of General
Aviation Avionics, President of the Aerospace Engines Group and
President of the Automotive Products Group of AlliedSignal, now
Honeywell International, General Manager of Commercial Motors at
General Electric Company, and Partner with the global consulting
firm McKinsey & Company, Inc.
Summe is a deeply experienced corporate director, having served
on 11 public boards over the span of his 23 years as a corporate
director, including in board and committee leadership roles, and
has served on the Board of Directors of State Street Corporation
(NYSE: STT) since 2001, NXP Semiconductors NV (NASDAQ: NXPI) since
2015, Avantor Inc. (NYSE: AVTR) since 2020, and Grail, Inc.
(NASDAQ: GRAL) since 2024.
Summe received his Bachelor of Science and Master of Science
degree in Electrical Engineering from the University of Kentucky and the University of Cincinnati, respectively, and a
Master of Business Administration with distinction from the Wharton
School at the University of
Pennsylvania. He is also in the University of Kentucky's Hall of Distinction.
About Wheels Up
Wheels Up is a leading provider of on-demand private aviation
and one of the largest companies in the industry. Wheels Up offers
a complete global aviation solution with a large and diverse fleet
and a global network of safety-vetted charter operators, all backed
by an uncompromising commitment to safety and service. Customers
can access charter and membership programs, as well as unique
commercial travel benefits through a one-of-a-kind, strategic
partnership with Delta Air Lines. Wheels Up also offers cargo,
safety and security solutions and managed services to individuals,
industry, government and civil organizations.
Wheels Up is guided by the mission to deliver a premium solution
for every customer journey. With the Wheels Up mobile app and
website, members and customers have the digital convenience to
search, book and fly.
For more information, please visit: wheelsup.com
Media
Contact
press@wheelsup.com
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