Gogo CEO Michael Small is out, replaced by board member
Michael Small is out as CEO of Gogo, a Chicago-based company that provides in-flight Wi-Fi, replaced by board member Oakleigh Thorne, its largest investor.
Small had led the company since before it went public in June 2013 at $17 per share. The stock closed at $9.25 on March 9. It traded at $14.48 as recently as Sept. 5.
The company says Small's departure "follows the mutual decision by (him) and the Gogo board of directors for Mr. Small to step down as president and chief executive ...