BNET Industries

AirNet Systems Inc.

(ANS) is in the Transportation Industry

Last Fiscal Year Sales:$161.0M
  • Public
  • US
Dow Jones Description

AirNet Systems Inc. was founded in 1974 by Jerry Mercer. Mr. Mercer started the company, then called PDQ Air Service Inc., with $50 and a pilot's license. He served as the president until 1999 and the chairman until his retirement in 2001. Based in Pontiac, Michigan, AirNet Systems transported canceled checks on a point-to-point basis for its customer base of large banking institutions. In 1980, the company established its primary hub in Columbus, Ohio. The geographical location of Columbus would serve as an ideal central point for its national air transportation network. Operations became so centralized in Columbus, that the corporate headquarters were moved there in 1988. In 1984, AirNet Systems leveraged its airline to provide delivery of other time-critical documents and small packages. They acquired the assets of Wright International Express, a primary sector competitor in the canceled check transportation business, in 1988. The next year another major competitor, Air Continental Inc., was acquired. Other than AirNet Systems, the only national provider of air transportation services to the U.S. banking industry is the Federal Reserve's Check Relay Network. On May 31, 1996, AirNet Systems successfully completed its initial public offering. The company debuted on the NASDAQ market. Less than a year after its arrival on the NASDAQ market, AirNet Systems moved to the New York Stock Exchange to provide a higher profile venue. ...

Number of Employees 640
Contact Information

7250 Star Check Dr

Columbus, Ohio 43217-1025

www.airnet.com

(614) 409-4900

NAICS Code Scheduled Freight Air Transportation: 481112

News & Analysis

airnet systems inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Fred L. deLeeuw CFO
Gary W. Qualmann Cfo, Treasurer and Secretary
Jeffery B. Harris Coo & Senior Vice President, Bank Services
Ray L. Druseikis Treasurer, Controller, Secretary & Vice President, Finance, Interim CFO
Frank Dimaria Senior Vice President of Sales and Marketing
Larry M. Glasscock Senior Vice President, Express Services
Craig A. Leach V.P., Information Systems
Craig Washka Director of Pilot Recruitment, Development
Dave Newman Manager, Dedicated Flight Services
Denise D. Brown Controller

Board of Directors

Name (plus bio) Position
David P. Lauer Board of Directors
J Ernest Riddle Board of Directors
Joel E. Biggerstaff Board of Directors
Russell M. Gertmenian Board of Directors

Organization Position Status
AirNet Systems, Inc. CFO Current

Organization Position Status
AirNet Systems, Inc. Cfo, Treasurer and Secretary Current
AirNet Systems, Inc. Board of Directors Current

Organization Position Status
AirNet Systems, Inc. Coo & Senior Vice President, Bank Services Current
Mellon Bank, N.A. Vice President Former
Mellon Bank, N.A. Senior Transit Product Manager Former

Organization Position Status
AirNet Systems, Inc. Treasurer, Controller, Secretary & Vice President, Finance, Interim CFO Current
Crown Northcorp, Inc. Chief Accounting Officer Current
Crown Northcorp, Inc. Controller Former
AirNet Systems, Inc. Principal Accounting Officer Current

Frank DiMaria has served as Senior Vice President of Sales and Marketing since April, 2009. Mr. DiMaria has over 25 years of wide-ranging logistics industry experience. His most recent position was Business Development Director for DHL Same-Day Services, where he was responsible for all business development functional teams and national accounts for the US Market. Prior to DHL Same-Day, he served as President of Gatx / APL Direct Logistics, Senior vice President of P&O Nedlloyd Limited, and held various senior sales management positions with Federal Express Corporation.

Organization Position Status
AirNet Systems, Inc. Senior Vice President of Sales and Marketing Current
Federal Express Corporation Senior Vice President Former

Organization Position Status
AirNet Systems, Inc. Senior Vice President, Express Services Current
Evercom Systems Inc. Senior Vice President Former

Organization Position Status
AirNet Systems, Inc. V.P., Information Systems Current
AirNet Systems, Inc. Courier Former

Organization Position Status
AirNet Systems, Inc. Director of Pilot Recruitment, Development Current

Organization Position Status
AirNet Systems, Inc. Manager, Dedicated Flight Services Current

Organization Position Status
AirNet Systems, Inc. Controller Current
AirNet Systems, Inc. Board of Directors Current

Organization Position Status
Findershome.Com Director of Wendy Current
AirNet Systems, Inc. Board of Directors Current
Tim Hortons Inc. Director Current
Diamond Hill Investment Group, Inc. Director Current
Wendy's/Arby's Group, Inc. Board of Directors Current
Huntington Bancshares, Inc. Board of Directors Current
R.G. Barry Corporation Director Current
Wendy's/Arby's Group, Inc. Nominating and Corporate Governance Committee Member Current
Bank One Corp President Former
Bank One, N.A. President Former
Bank One, N.A. Chief Operating Officer Former
Bank One Corp Chief Operating Officer Former
Ohio University Master of Science In Accounting Former
Capital University Bachelor of Science In Business Former

Organization Position Status
AirNet Systems, Inc. Board of Directors Current

Organization Position Status
AirNet Systems, Inc. Board of Directors Current
AirNet Systems, Inc. Chairman, President & CEO Former
AirNet Systems, Inc. Executive Officer Former

Mr. Gertmenian, age 59, has been a partner with Vorys, Sater, Seymour and Pease LLP since 1979 and currently serves as Managing Partner and Chair of that firm s Executive Committee. Vorys, Sater, Seymour and Pease LLP rendered legal services to AirNet and its subsidiaries during the 2006 fiscal year and continues to do so. Mr. Gertmenian also serves as a director of Abercrombie & Fitch Co.

Organization Position Status
Vorys, Sater, Seymour and Pease Partner Current
AirNet Systems, Inc. Board of Directors Current
Abercrombie & Fitch Co. Director Current