Fractional and charter operator Wheels Up Experience has announced the departure of its Chief Financial Officer (CFO) Todd Smith and Chief Legal Officer Laura Heltebran. According to the company, Smith is leaving to assume a new role elsewhere, while Heltebran will "pursue other opportunities."
Wheels Up CEO George Mattson stated that Matthew Knopf will take on the roles of Chief Legal Officer and Secretary starting September 9. Eric Cabezas will serve as acting CFO until a permanent replacement for Smith is appointed. "Over the last nine years," Mattson said, "Matthew has played a pivotal leadership role in the completion of Delta’s many significant transactions and key joint venture restructurings, while serving as deputy general counsel."
Mattson added, "As we conduct our search for Todd's replacement, we would like to thank Eric for stepping into the role of interim CFO for the second time in his tenure at Wheels Up. I have worked extensively with Eric and have every confidence in his ability to lead our finance team as we continue down the path to becoming a profitable and resilient business."