US-based private jet charter and aircraft management company, Ventura Air Services, has announced changes in its executive leadership, to begin effective immediately.

Current chief executive, Nik Tarascio, will assume the role of executive chairman of the board while current president, Sam Wolf, will become the new chief executive.

As chief executive since 2010, Tarascio has been responsible for Ventura’s growth and commitment to ensuring operational excellence and customer satisfaction. His transition to the new position on the board will allow him to focus on the company’s long-term initiatives.

In his place, Wolf is expected leverage his experience as president of Ventura since 2020, and his understanding of the aviation sector to the forefront of the company’s operations to ensure it maintains its standards of customer service, safety, and innovation, and expand its operations.

Ventura is now ranked 25^th largest Part 135 operator in the US based on annual flight hours, managing a floating fleet of citation excel and challenger 604/605 aircraft via an innovative charter lease model.

“We are excited about these new changes within our executive team. This transition will leverage our leadership’s strengths and position Ventura for continued success. I look forward to focusing on innovation and strategic initiatives that will continue to propel Ventura forward,” said Tarascio.

“It’s an honour to lead Ventura as CEO. I’m excited to build on the strong foundation we’ve established under Nik, continuing our mission of building the charter company we have always wanted to work for— a company that operates with integrity, takes pride in our work, and is attentive to the needs of our employees,” added Wolf.