No. 2 leader has no significant business experience outside of Air Methods. Hat's off to him for working his way up from a math major/pilot to the No. 2 position of a billion dollar public company, but he has no business perspective other than the one he developed at Air Methods ... very weak on business and leadership fundamentals. Other than at the very top and for just a few individuals, the bonus structure is not effectively linked to company performance and is very subjective. Several Regional Vice Presidents ultimately reporting to the No. 2 leader, via one intermediate level, also have minimal leadership skills and business acumen ... again, pilots or nurses promoted to run significant parts of the business with little to no prior experience managing P&Ls, nor do they have material experience in sales leadership. In short, upper middle management is weak on business fundamentals and leadership. Management ranks are bloated ... significant opportunity for a private equity firm to cut costs and reorganize.
