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Bridger Aerospace expands board with new directors

EditorEmilio Ghigini
Published 03/08/2024, 07:35 AM
© Reuters.
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BELGRADE, Mont. - Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER, BAERW), a prominent aerial firefighting company, announced today the appointment of Elizabeth C. Fascitelli and David A. Schellenberg as independent directors. This expansion brings the total number of board members to 11.

Jeffrey Kelter, the Chairman of Bridger Aerospace, emphasized the significance of the new appointments, stating that Fascitelli and Schellenberg's wealth of experience will be instrumental in guiding the company's growth and enhancing its value creation strategies. Both new directors expressed their enthusiasm for contributing to Bridger's mission and leveraging their expertise to support the company's long-term success and financial performance.

Elizabeth Fascitelli, with a distinguished 37-year tenure at Goldman Sachs Group (NYSE:GS), brings a background in investment, risk management, and diversity initiatives to the board. She has served on various boards, including public, private, and non-profit organizations. Fascitelli's educational background includes a BA from Dartmouth College and an MBA from Harvard Business School.

David A. Schellenberg, recognized for his leadership in the aviation and aerospace sectors, comes with over three decades of experience in operating, financial leadership, and risk management. His previous roles include President and CEO of the Conair Group and its subsidiary Cascade Aerospace. Schellenberg is a Fellow of the Chartered Professional Accountants of Canada and holds an undergraduate degree from the University of Manitoba and an MBA from the University of Western Ontario.

Bridger Aerospace, headquartered in Belgrade, Montana, is known for providing critical aerial firefighting and wildfire management services to government agencies across the United States and internationally. The company's strategic board expansion is based on a press release statement and is seen as a move to strengthen its leadership team as it continues to address the challenges of aerial firefighting.

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