T. Allan McArtor
About T. Allan McArtor
T. Allan McArtor (age 83) has served as an independent director of Global Crossing Airlines Group Inc. (GlobalX) since January 2021 and is Vice Chairman of the Board. He previously served as Chairman of Airbus Americas (2001–2018), was founder/CEO of Legend Airlines, Administrator of the FAA (1987–1989), and held senior roles at FedEx; he graduated from the U.S. Air Force Academy (BSE, 1964) and holds an MSE from Arizona State University .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Airbus Americas, Inc. | Chairman; retired as Chairman Emeritus | 2001–2018 | Senior leadership of major aircraft manufacturer; regulatory/industry expertise |
| Legend Airlines | Founder, Chairman & CEO | Not disclosed (pre-2001) | Airline founding/executive leadership |
| Federal Aviation Administration (FAA) | Administrator | 1987–1989 | U.S. civil aviation regulator leadership |
| FedEx (Federal Express) | SVP Telecommunications; SVP Air Operations | 1979–1987; 1989–1994 | Led telecom network development; ran airline operations incl. maintenance, planning, fleet |
| U.S. Air Force | Officer; Thunderbird pilot; Associate Professor (USAFA) | 1964–1974 | Combat pilot; engineering academia; elite demonstration team |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Airbus Americas, Inc. | Chairman Emeritus (upon retirement as Chairman) | Post-2018 | Retired as Chairman Emeritus per company biography |
Board Governance
- Independence and leadership: The Board affirmatively determined McArtor is independent under Cboe Canada listing standards. He serves as Vice Chairman to ensure the Board functions independently of management and acts as Chair when the Executive Chairman (a non-independent director) is not present .
- Committee assignments and attendance (2024): McArtor served on the Compensation Committee and chaired the Safety Committee. The Board met 5 times; committees met as follows—Audit (4), Compensation (1), Nominating & Corporate Governance (3), Safety (0). All directors, including McArtor, attended 100% of Board and relevant committee meetings .
- Majority voting policy: The Board adopted a policy requiring directors receiving less than a majority of “for” and “withhold” votes to tender their resignation for Board consideration; decisions disclosed within 90 days .
Committee membership snapshot (2024):
| Committee | Member/Chair |
|---|---|
| Compensation | Member |
| Safety | Chair |
Fixed Compensation
Director cash/equity program overview:
- Program: In 2023, lead and non-executive directors received annual cash compensation of $100,000 and $80,000, respectively; starting Q1 2024, the lead and two non-executive directors elected to receive stock awards in lieu of cash while the remaining two non-executive directors continued at $20,000 per quarter. The Executive Chairman received no board compensation .
McArtor—Director compensation (chronological):
| Metric | FY 2022 | FY 2024 |
|---|---|---|
| Cash Fees ($) | 24,000 | 80,000 |
| Stock Awards ($, grant-date fair value) | 82,958 | — |
| Total ($) | 106,958 | 80,000 |
Notes:
- In FY 2024, McArtor did not receive stock awards; peers Bird/Robinson/Harrington each received RSUs valued at $96,059 (see Performance Compensation) while McArtor and Axelrod received cash .
Performance Compensation
- Equity vehicles and timing: Non-executive directors are eligible for discretionary equity-based awards; in 2024 certain directors elected stock awards in lieu of cash. The company does not currently grant stock options; employees may participate in an ESPP; no timing around MNPI for 2024 equity decisions .
Director RSU grant details (context for structure):
| Director | Grant | Shares/Units | Grant Price | Vesting |
|---|---|---|---|---|
| Alan Bird | RSUs (3/20/2024) | 250,000 | $0.49 | 100% on 1st anniversary |
| Deborah Robinson | RSUs (3/20/2024) | 250,000 | $0.49 | 100% on 1st anniversary |
| Cordia Harrington | RSUs (3/20/2024) | 250,000 | $0.49 | 100% on 1st anniversary |
| T. Allan McArtor | — | — | — | No equity grant in 2024 |
- Performance metrics: No director equity performance metrics disclosed; RSUs above vest with service/time-based schedules (one-year cliff) .
Other Directorships & Interlocks
| Company/Entity | Role | Status |
|---|---|---|
| Current U.S. public company boards | None disclosed in proxy | Not listed in biography/board disclosures |
| Prior corporate/government boards/roles | Airbus Americas (Chairman), Legend Airlines (Founder/CEO), FAA (Administrator) | Historical roles; not current public directorships |
Expertise & Qualifications
- Qualifications cited by the Board: Extensive executive experience with a major aircraft manufacturer, regulatory expertise (FAA), and deep aviation industry knowledge .
- Additional competencies: Airline operations leadership (FedEx SVP Air Ops), telecom/systems (FedEx SVP Telecommunications), safety oversight experience aligned with Safety Committee chair role .
Equity Ownership
Security ownership as of October 13, 2025:
| Holder | Shares Beneficially Owned (Common) | Percent of Common | Total Voting % |
|---|---|---|---|
| T. Allan McArtor | 183,333 | <1% | <1% |
Basis: 49,940,527 Common outstanding (plus separate Class A/B non-voting classes; see proxy methodology) .
Governance Assessment
Strengths
- Independence and leadership: Independent director serving as Vice Chairman with a defined mandate to ensure independent board functioning amid a non-independent Executive Chairman structure .
- Attendance and engagement: 100% attendance at Board and committee meetings in 2024, indicating high engagement .
- Relevant committee placement: Safety Committee Chair and Compensation Committee member leverage his FAA and airline operations background, aligning expertise with oversight .
Watch items / potential red flags
- Related-person transactions policy not finalized: Audit Committee “has not yet developed” a formal Related Person Transactions Policy as of the latest proxy, though it expects to do so—an unusual gap that could affect transaction vetting rigor .
- Safety Committee activity: Safety Committee recorded zero meetings in 2024; for an airline, limited formal safety committee activity warrants monitoring even if safety oversight may occur at the Board/management level .
- Pay mix vs. alignment: In 2024, several peers elected stock in lieu of cash while McArtor took cash-only ($80k), which modestly reduces direct equity alignment year-over-year for him (he had stock awards in 2022). Not a breach, but alignment differs versus peers who accepted RSUs in 2024 .
Board context
- Majority voting policy in place for director elections enhances accountability to shareholders .
- Independence determinations reaffirm a majority-independent board and fully independent key committees (Audit, Compensation, Nominating/Corporate Governance) .
Notes on Unavailable/Undisclosed Items
- No director-specific hedging/pledging prohibitions, stock ownership guidelines, or say‑on‑pay results were disclosed in the cited proxy sections. Items not disclosed above are omitted per company filings .