Wheels Up Names John Verkamp as Chief Financial Officer

Staff Report From Georgia CEO

Monday, March 17th, 2025

Wheels Up Experience Inc. (NYSE: UP), a global leader in private aviation, today announced the appointment of John Verkamp as Chief Financial Officer. With a track record of financial leadership and a deep understanding of complex operations, John will oversee the company's global finance organization. John will be based in Atlanta and is expected to join the company on March 31, 2025.

John brings more than two decades of experience from General Electric Company ("GE") and GE Vernova Inc. ("GE Vernova") in the aviation and power industries. Prior to accepting this role, John served as Vice President and CFO of the Gas Power Global Services business of GE Vernova and previously held various financial leadership positions in the GE family of companies, including CFO of Gas Power Commercial and Services, CFO of Avio Aero and Chief Risk Officer at GE Aviation.

"We are excited to welcome John to Wheels Up at such a pivotal moment in our business transformation," said George Mattson, CEO of Wheels Up. "His extensive financial experience, strategic mindset and ability to drive impactful change in partnership with our commercial and operations teams will make him an outstanding addition to our executive team. His leadership and experience will be invaluable as we continue to deliver on the financial improvement that is part of our strategic transformation plan and chart an ambitious course for the future."

"I also want to take this opportunity to thank Eric Cabezas for the outstanding contributions he has made as Interim CFO as he transitions back to his role as Senior Vice President of Finance," said Mattson.

John holds a Bachelor of Science degree in Finance and Accounting from the Kelley School of Business at Indiana University.