Charles Fabrikant, chairman of the board, stated, “On behalf of the entire board of directors, I would like to thank Sten for his meaningful contribution to Era in connection with its spin-off from SEACOR Holdings Inc. and during the critical early days as an independent public company and wish him well in his future endeavors. The board and the management team led by Chris Bradshaw are fully committed to the continued implementation of Era’s strategy.”
“Since I joined Era, we successfully separated Era from SEACOR, executed on our objective to develop and implement corporate strategies specific to Era’s business and have made tremendous progress in setting a course for the company as it commenced its journey as a stand-alone enterprise,” said Gustafson.
“I have full confidence in the ability of Era’s employees and management team to achieve the goals laid out for the company,” said Chris Bradshaw, who has served as executive vice president and CFO at Era Group since October 2012.
Era Group Inc. announced today that Sten L. Gustafson has resigned as chief executive officer and as a director of the company effective Aug. 29, 2014. The Board has named Christopher S. Bradshaw, Era’s executive vice president and chief financial officer, as acting CEO while the Board identifies a permanent replacement for Gustafson. Bradshaw will also retain his duties as CFO.
