By Dean Seal
The president and chief operating officer of Gogo will retire from those positions at the end of the year.
The aviation technology company disclosed Thursday that Sergio Aguirre intends to retire on Dec. 31.
He will continue to be paid his salary until June 30 and become entitled after that to certain customary severance payments equal to 12 months of his current base salary, Gogo said in a securities filing.
Aguirre will provide consulting services to the company related to its acquisition of Satcom Direct Holdings until June 30, the company said.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
November 21, 2024 17:27 ET (22:27 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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