8-K

SKYWEST INC (SKYW)

8-K 2021-01-11 For: 2021-01-11
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Added on April 09, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) ofthe Securities Exchange Act of 1934

Date of Report (date of earliest event reported):  January 11, 2021

SKYWEST, INC.

(Exact name of registrant as specified in its charter)

Utah 0-14719 87-0292166
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
444 South River Road<br> St. George, Utah 84790
--- ---
(Address of principal executive offices) (Zip Code)

(435) 634-3000

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class Trading Symbol(s) Name of Each Exchange on which Registered
Common Stock, No Par Value SKYW The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (section 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (section 240.12b-2 of this chapter).

Emerging growth company          ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨

Item 5.02 Departure of Directors or Certain Officers; Electionof Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 11, 2021, upon the recommendation of the Nominating and Corporate Governance Committee of the Board of Directors (the “Board”) of SkyWest, Inc. (the “Company”), the Board approved an increase in its authorized size from ten members to eleven members and appointed Smita Conjeevaram to fill the vacancy created by such increase.

Ms. Conjeevaram, 60, is a global executive with over 25 years in finance and nearly a decade of experience at two of the Big 4 worldwide accounting firms, including PricewaterhouseCoopers LLP. In her most recent operational role, Ms. Conjeevaram served as Deputy CFO of Fortress Investment Group’s Credit Funds and CFO of the Fortress Investment Group’s Credit Hedge Funds. She currently serves as a director and audit committee member of SS&C Technologies, Inc. Ms. Conjeevaram is a Certified Public Accountant and holds a Bachelor’s of Science in Accounting and Business Administration from Butler University.

Ms. Conjeevaram will be compensated under the Company’s non-employee director compensation program as in effect from time to time, as most recently described in the Company’s 2020 definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on March 13, 2020. Ms. Conjeevaram will enter into the Company’s standard form of Indemnification Agreement, which has been filed as an exhibit to the Company’s Annual Report on Form 10-K for the year ended December 31, 2019.

There is no arrangement or understanding between Ms. Conjeevaram and any other person pursuant to which Ms. Conjeevaram was appointed as a director. Ms. Conjeevaram is not a party to any transaction that would require disclosure under Item 404(a) of Regulation S-K promulgated under the Securities Act of 1933, as amended. The Board has determined that Ms. Conjeevaram is an independent director in accordance with the listing requirements of the Nasdaq Global Select Market.

On January 11, 2021, the Company issued a press release announcing Ms. Conjeevaram’s appointment to the Board. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by this reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No Description
99.1 Press Release dated January 11, 2021.
104 Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

SKYWEST, INC.
Date: January 11, 2021 By /s/ Robert J. Simmons
Robert J. Simmons, Chief Financial Officer

Exhibit 99.1

NEWS RELEASE
CONTACT: Investor Relations Corporate Communications
435.634.3200 435.634.3553
Investor.relations@skywest.com corporate.communications@skywest.com

SkyWest,Inc. Appoints Smita Conjeevaram to Board of Directors

ST. GEORGE, UTAH, January 11, 2021 -- SkyWest, Inc. (NASDAQ: SKYW) today announced the appointment of Smita Conjeevaram to its Board of Directors.

Ms. Conjeevaram, 60, is a global executive with over 25 years in finance and nearly a decade of experience at two of the Big 4 worldwide accounting firms, including PricewaterhouseCoopers LLP. In her most recent operational role, Ms. Conjeevaram served as Deputy CFO of Fortress Investment Group’s Credit Funds and CFO of the Fortress Investment Group’s Credit Hedge Funds. She currently serves as a director and audit committee member of SS&C Technologies, Inc. Ms. Conjeevaram is a Certified Public Accountant and holds a Bachelor’s of Science in Accounting and Business Administration from Butler University.

“The Board has conducted a rigorous search for the right addition, and we’re pleased to welcome Smita to the SkyWest Board of Directors,” said Chairman Jerry C. Atkin. “We’re confident that her strong background and philosophical alignments with SkyWest leadership will provide value to the Board and to all SkyWest stakeholders.”

About SkyWest

SkyWest, Inc. is the holding company for SkyWest Airlines and SkyWest Leasing, an aircraft leasing company. SkyWest Airlines has a fleet of over 400 aircraft connecting passengers to over 220 destinations throughout North America. SkyWest Airlines operates through partnerships with United Airlines, Delta Air Lines, American Airlines and Alaska Airlines carrying more than 43 million passengers in 2019.