The board of directors of Gogo Inc. (NASDAQ: GOGO) announced the appointment of Monte Koch as a board member, effective July 17. This addition expands the board from nine to 10 directors.
“Monte brings unique, deep expertise on the business aviation ecosystem and is a valuable addition to Gogo’s board,” said Oakleigh Thorne, Gogo chairman and CEO. “For nearly 20 years, Monte served on the board of the National Business Aviation Association, not to mention logging over 5,000 hours as a pilot, reflecting his lifelong passion for private aviation.”
“That experience, coupled with his 25-year career in finance and role as a public company director, will benefit Gogo and our shareholders as we launch new products that deliver order of magnitude improvements in inflight connectivity, and capture more of the opportunity in the underpenetrated business aviation market,” Thorne said.
Koch is a private investor and a retired partner of BDT & Co., a merchant bank managing over $20 billion in assets. Koch is chair emeritus of the National Business Aviation Association, where he served from 2005 to 2023, including his last two years as board chair. He also serves as a director of Choice Hotels International.
Broomfield-based Gogo provides broadband connectivity services for the business aviation market, offering a suite of smart cabin systems for connectivity, in-flight entertainment, and voice solutions. As of March 31, 2024, Gogo reported 7,136 business aircraft flying with its broadband ATG systems onboard.