Sign in

Joseph P. Adams, Jr.

Chairman and CEO at FTAI Aviation
Board
Since May 2015
Age
66 years
Education
Earned a B.S. in Engineering from the University of Cincinnati and an M.B.A. from Harvard Business School.
Tenure
Joined FTAI as CEO and Director in May 2015 and was promoted to Chairman in May 2016.

Also at FTAI Aviation

KJN
Kenneth J. Nicholson
Director
E(N
Eun (Angela) Nam
CFO and Chief Accounting Officer

About

Joseph P. Adams, Jr. has an extensive background in leading FTAI, serving as CEO since May 2015 and taking on the role of Chairman in May 2016. His appointment at FTAI marks a significant milestone in his career, highlighting his leadership and strategic planning skills in the aviation and transportation sectors.

Educated with a B.S. in Engineering and an MBA, his academic credentials laid the foundation for a robust career in private equity and investment banking. Prior to his tenure at FTAI, he held pivotal roles, including positions at Fortress Investment Group LLC, where he was a Managing Director and part of the Management Committee, as well as key leadership roles at firms like Brera Capital Partners and Donaldson, Lufkin & Jenrette.

Beyond his contributions at FTAI, he has held multiple board positions, served as the first Executive Director of the Air Transportation Stabilization Board in 2002, and currently chairs FTAI Infrastructure Inc. His diverse career not only underscores his expertise in financial strategy and transportation-related industries but also reflects his commitment to impacting various sectors through both executive leadership and board service.

$FTAI Performance Under Joseph P. Adams, Jr.

Past Roles

OrganizationRoleDate RangeDetails
FTAIChief Executive OfficerMay 2015 - May 2016Held prior to becoming Chairman and CEO
FTAIBoard of Directors MemberMay 2015 - May 2016Served on the board before becoming Chairman
Seacastle, Inc.Board of Directors MemberN/AN/A
SeaCube Container Leasing Ltd.Board of Directors MemberN/AN/A
Aircastle LimitedBoard of Directors MemberN/AN/A
RailAmerica Inc.Board of Directors MemberN/AN/A
Brera Capital PartnersPartnerN/AN/A
Donaldson, Lufkin & JenretteTransportation Industry Group MemberN/AWorked in the transportation industry group
Air Transportation Stabilization BoardExecutive Director2002First Executive Director

External Roles

OrganizationRoleDate RangeDetails
FTAI Infrastructure Inc. (Nasdaq: FIP)Chairman of the Board and DirectorSince April 2022Current board leadership
Fortress Investment Group LLCMember of the Management CommitteeCurrentAlso serving as Managing Director in the Private Equity Group
Fortress Investment Group LLCManaging Director, Private Equity GroupCurrentN/A

Fixed Compensation

Data from  FY 2024
Component NameAmountPayment ScheduleAdditional Details
Base Salary$975,000 Annualized; retroactive to January 1, 2024 Fixed annual rate
RSUs58,498 units Vests ratably in three annual installments on each anniversary of the Effective Date Award calculated as $4,700,000 divided by the 10-Day VWAP; subject to continued service, completion of a corresponding share purchase within 90 days, and maintaining share holding on each vesting date

Performance Compensation

Data from  FY 2024

Discretionary Annual Bonus

MetricValueNotes
Target Bonus$800,000 Discretionary; paid no later than March 15 of the subsequent calendar year; requires active employment until bonus payment
Performance Metrics/ThresholdNot provided Specific performance metrics, targets, or thresholds are not detailed in the documents

Prorated Bonus upon Termination

MetricValueNotes
Bonus BasisActual performance Prorated bonus based on the actual performance in the termination year
Subjective ElementTreated as not less than target Any individual subjective bonus element is satisfied at a minimum of target
RSU Accelerated VestingApplicable RSUs (58,498 units) may vest accelerated upon termination, subject to conditions
Change in Control ScenarioGreater of target or actual performance In change in control, the bonus is determined by the greater of target or actual performance

Note: There is no additional detailed information on performance metrics, thresholds, weights, vesting schedules (beyond what is noted for RSUs), or evaluation periods for performance compensation in the documents.