Alex B. Rozek
About Alex B. Rozek
Alex B. Rozek (age 46) has served on Sky Harbour Group Corporation’s Board since the January 25, 2022 business combination and was previously a director of Yellowstone Acquisition Corp (YAC). He is currently Founder and CEO of Mac Mountain (telecom infrastructure) and Managing Member of Boulderado Partners, with prior service as Co-Chairperson, Co-CEO, and President of Boston Omaha Corporation (NYSE:BOC) from 2015–2024. He holds a BS in Biology and a Minor in Chemistry from the University of North Carolina at Chapel Hill .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Boston Omaha Corporation (NYSE:BOC) | Co‑Chairperson, Co‑CEO, President | 2015–2024 | Senior leadership of diversified holding company |
| Water Street Capital; Friedman Billings Ramsey Group | Analyst | 2004–2007 | Investment analysis roles |
| Hunton & Williams; FedEx | Early career roles | Prior to 2004 | Operational and professional experience |
| Yellowstone Acquisition Corp (YAC) | Director | Aug 2020–Jan 2022 | Pre-merger sponsor director, continued post‑combination |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Mac Mountain | Founder & CEO | Current | Telecom infrastructure leadership |
| Boulderado Partners, LLC | Managing Member | Since Jul 2007 | Private investment partnership leadership |
Board Governance
- Independence: The Board determined Mr. Rozek is “independent” under NYSE rules; five of seven current directors are independent (Jackson, Rozek, Wellmon, Moelis, Nancoo, Leiponis) .
- Committee assignments: Member, Nominating & Corporate Governance Committee (chair: Lysa Leiponis); the Compensation Committee description lists him as a member alongside the CEO, which can dilute independence in pay oversight (chair: Alethia Nancoo) .
- Attendance: The Board held eight meetings in 2024; all directors attended all meetings .
- Leadership: CEO/Chair combined (Tal Keinan); Lead Independent Director is Lysa Leiponis; independent directors meet in executive session .
- Controlled company: SKYH qualifies as a controlled company and is exempt from certain NYSE governance requirements, though it states it is not currently relying on those exemptions; note the CEO serves on the Compensation Committee .
Fixed Compensation
| Component | 2024 Value | Notes |
|---|---|---|
| Cash fees | $55,000 | Reflects $50,000 base retainer + committee membership fees per plan schedule |
| Annual cash retainer (policy) | $50,000 | Policy-level retainer for non‑executive directors |
| Committee fees (policy) | Audit member $7,500; Audit chair $25,000; Compensation member $5,000; Compensation chair $15,000; Nominating/Gov member $5,000; Nominating/Gov chair $15,000; Lead Independent Director $25,000 | Policy schedule |
Performance Compensation
| Equity | 2024 Value | Units/Status | Vesting/Performance |
|---|---|---|---|
| RSU grant (director comp) | $86,310 grant-date fair value | Directors (including Rozek) held 18,083 stock awards as of 12/31/2024 | Time-based; subject to 2022 Plan vesting terms. No director performance metrics disclosed |
No director-specific performance metrics (e.g., revenue, EBITDA, TSR) are disclosed for equity vesting; RSUs appear time-based per the 2022 Plan .
Other Directorships & Interlocks
| Company/Entity | Type | Role/Connection | Potential Interlock/Notes |
|---|---|---|---|
| Boston Omaha Corporation | Public company (prior role) | Co‑Chairperson/Co‑CEO/President (2015–2024) | Boston Omaha designated him a Board nominee under the Stockholders’ Agreement |
| SKYH Sponsor (Sponsor Holders) | Stockholder group | Sponsor designation rights for one director; Sponsor nominated Alex B. Rozek; must remain NYSE‑independent | Ongoing designation rights subject to ownership thresholds and fall‑away provisions |
Expertise & Qualifications
- Investor/operator background across public and private companies; telecom infrastructure leadership; long-tenured investment partnership management .
- Independence under NYSE rules and experience with governance structures through SPAC/YAC transition .
Equity Ownership
| Metric | Amount | Notes |
|---|---|---|
| Class A shares beneficially owned | 676,507 | 2.0% of Class A outstanding |
| Combined voting power | <1% (asterisked) | As reported in beneficial ownership table |
| Director stock awards held | 18,083 RSUs as of 12/31/2024 | No options held |
| Ownership guideline (policy) | $150,000 required by third anniversary | Applies to non‑executive directors |
Anti‑hedging: Directors are prohibited from hedging transactions (no puts, calls, derivatives, monetization) . Insider trading policy applies to directors and officers .
Governance Assessment
- Committee effectiveness and independence: Rozek is independent and contributes governance oversight on the Nominating & Corporate Governance Committee; the Compensation Committee includes the CEO, a governance drawback for pay independence, though Rozek is listed as a member in the committee description, enhancing investor scrutiny over compensation processes .
- Attendance and engagement: 100% attendance in 2024 signals strong engagement .
- Ownership alignment: Meaningful direct Class A ownership (676,507 shares) plus RSUs supports alignment; director ownership guidelines require $150,000 by year three, and an anti‑hedging policy enhances alignment quality .
- Conflicts/related party exposure: He and his spouse invested in the September 2024 PIPE ($1,224,312.50 each for 128,875 shares); the Audit Committee oversees related party transactions under a formal policy, mitigating conflict risk (he disclaims beneficial ownership of his spouse’s shares) . Sponsor designation rights and controlled company status can concentrate influence; SKYH states it is not relying on NYSE exemptions currently, but the CEO’s role on Compensation Committee remains a red flag for pay oversight .
- Stockholder agreement constraints: Sponsor (and other blocks) hold designation rights and consent rights over certain board and business changes until voting power falls below thresholds—this can limit board autonomy; nominees must remain NYSE‑independent and recuse from conflicts .
Overall, Rozek presents as an independent, well‑qualified director with strong attendance and ownership alignment. Key governance watch‑items include sponsor designation dynamics and the CEO’s presence on the Compensation Committee, which reduces pay oversight independence .