Flexjet recognized Michael Silvestro as he marks 10 years as CEO, making him the fractional private jet industry’s longest-tenured CEO.

Flexjet Chairman Kenn Ricci congratulated Silvestro on his 10-year anniversary and the company’s decade of success. “Mike Silvestro became chief executive officer just before the financial crisis of 2008. He ‘maintained an even strain,’ as aviators say, managing the company through the industry’s most difficult period and, eventually, building Flexjet into a provider that is challenging the largest player in the industry on every front. I’m proud of Mike, and the commitment he brings every day to making Flexjet the world’s premier private jet company,” said Ricci.

Silvestro, who has known Ricci for more than 40 years, since they were roommates at Notre Dame, has served as CEO at two companies owned by Ricci, Flexjet and Flight Options. Silvestro added, “I’m honored to work beside my fellow associates. We are a tenured leadership group – with many serving this organization for 20-plus years. They represent the best of the best, men and women dedicated to flying travelers around the world while meeting the highest standards of safety, security, comfort and convenience. Our people have made the past 10 years the most professionally fulfilling of my life, and I look forward to many more years working with them.”

“Mike Silvestro assumed the leadership of Flexjet, a company with a rich heritage of excellence, and has taken it to even higher levels of achievement,” said Ricci. “Even as we honor Mike for a decade of unprecedented accomplishments as CEO, he always has his focus on the future – a future in which I have no doubt that he will continue to work tirelessly to build the world’s premier private jet travel organization.”