AIRI · Air Industries Group · Executive Compensation
$2.47
-0.25 (-9.19%)
At close · Oct 5
Return incl. dividend (before tax)
Going-concern doubt
— flagged Aug 12, 2026
Substantial doubt about the company's ability to continue as a going concern.
“The Current Credit Facility expiration date and the rights granted to the lender, combined with the reasonable possibility that we might fail to meet covenants in the future, raise substantial doubt about our ability to continue as a going concern for the one year commencing as of the date of filing this report.”View the 10-Q filed Aug 12, 2026
Market Cap
$12.85M
Shares
4.85M
Volume · Oct 5
28.84K
Avg daily vol (3M)
26.82K
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Luciano Melluzzo | President and CEO | $1,005,716 |
| Scott Glassman | CFO | $595,594 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Luciano Melluzzo | President and CEO | $493,315 |
| Scott Glassman | CFO | $237,563 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Luciano Melluzzo | President and CEO | $544,592 |
| Scott Glassman | CFO | $228,313 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Luciano Melluzzo | President and CEO | $716,550 |
| Michael Recca | CFO | $447,148 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Luciano Melluzzo | President and CEO | $574,351 |
| Michael Recca | CFO | $348,994 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Luciano Melluzzo | President and CEO | $545,405 |
| Michael Recca | CFO | $323,457 |
Fiscal 2018
| Executive | Role | Total |
|---|---|---|
| Michael Recca | CFO | $209,246 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Brian Drisgula | Vice President of Finance | Appointed | 2026-03-20 |
| Scott Glassman | President | Appointed | 2026-03-20 |
| Scott Glassman | Acting Chief Executive Officer | Appointed | 2026-03-20 |
| Lou Melluzzo | Chief Executive Officer and President | Resigned | 2026-03-16 |
| Scott Glassman | Chief Financial Officer, Principal Accounting Officer and Secretary | Appointed | 2023-10-19 |