Mark J. Carmen is a Co-founder, President and CEO of Modern Aviation since. Mark’s operating experience stems from his role as President of Universal Weather & Aviation, Inc., a global company with 1,750+ employees at the time providing business jet owners and operators international trip support services, FBO/ground handling services via Universal Aviation, fuel via UVAir, and software solutions. He was also a Board Member at Universal Weather & Aviation and Air Culinaire Worldwide.

Prior to Modern Aviation, Mr. Carmen served as Managing Partner of CM Equity Partners, LP, where he focused on the aerospace, defense, and federal services industries. Mr. Carmen is a Senior Advisor to CM Equity and Chairman of the Board of GracoRoberts, a CM Equity portfolio company.

Mr. Carmen previously was Managing Director, Private Equity at Macquarie Capital Funds, Inc., the private equity arm of the Macquarie Group (ASX:MQG), where he led the private equity investment in Sentient Flight Group, a leader in private jet membership card programs, on-demand charters and fuel management via Everest. In this role, he sourced and executed the Sentient complex carve-out acquisition, executed add-on acquisitions and worked on several Macquarie portfolio assets.

Prior to Macquarie, Mr. Carmen had a 13-year career with Jefferies & Company, Inc. in New York City, a global investment bank (NYSE: JEF), where he held positions as Managing Director Investment Banking, Jefferies Quarterdeck and Co-head of Aerospace, Defense & IT Services Group. In these roles he led numerous investment banking transactions across aerospace, defense, homeland security and IT services sectors; sourced and executed IPOs, follow-on equity offerings, high yield debt offerings, private placements, mergers and acquisitions and other financial advisory services; and structured and closed numerous complex and precedent setting transactions.

Mark received his MBA at Columbia University Graduate School of Business and his B.A. from Brandeis University.

Emmanuel Yapo is a co-founder and the EVP of Strategy and Corporate Development at Modern Aviation.

Mr. Yapo was Director of Corporate Development at Atlantic Aviation, a portfolio company of Macquarie Infrastructure Corporation (NYSE: MIC), where he assessed and structured $129 million in FBO growth projects within the FBO portfolio. Prior to Atlantic Aviation, Mr. Yapo spent approximately 10 years at Macquarie Infrastructure and Real Assets, where he was responsible for Fixed-Base Operations (FBO) acquisitions and development to support the build-up of Atlantic Aviation’s FBO network, the second largest FBO chain in the United States.

He executed more than $1.4 billion of FBO acquisitions, $970 million leveraged recapitalizations and approximately $1.0 billion of debt restructuring in the FBO sector. Additionally, Mr. Yapo served as Senior Advisor to Aquamarine Investment Partners, where he sourced and led several infrastructure investment opportunities for Aquamarine’s North America $1.5 billion infrastructure fund.

Previously, Mr. Yapo worked in financial planning and analysis at General Electric in Europe where he was stationed in France, Germany and Italy at several GE subsidiaries. Prior to General Electric, Mr. Yapo worked as an auditor at Mazars group, a global audit, accounting and consulting firm operating in 79 countries. Prior to Mazars, he worked in corporate development at Brambles Europe, a subsidiary of Brambles Group, a supply chain logistics company operating in 60 countries.

Mr. Yapo received his MBA from the Wharton School at the University of Pennsylvania and a MSc from ESCP EUROPE, and also graduated from the General Electric Financial Management Program.

Richard Layson brings more than 20 years of aviation leadership experience spanning both commercial and business aviation. As Chief Operating Officer of Modern Aviation, he is responsible for operational excellence across the company’s nationwide network, overseeing safety, service delivery, and sales performance.

Richard began his aviation career with Menzies Aviation, where he developed his foundation in ground handling and operations management. He went on to hold senior operational leadership roles at ABM Aviation and Prosegur, where he led large teams and executed growth strategies across major U.S. airport markets.

In 2020, Richard transitioned to business aviation, joining TAC Air as Director of Operations. During his time there, he introduced scalable infrastructure, modernized workflows, and developed proprietary software that streamlined fuel transactions and enhanced service efficiency across the FBO network. Following TAC Air’s acquisition by Signature Aviation in 2022, he joined Jet Aviation as Vice President of Operations, leading all U.S. FBO and sales operations across its US locations —including Teterboro Airport, the busiest business aviation hub in the world.

Known for his people-first leadership style, Richard focuses on building culture, driving accountability, and developing systems that empower teams to deliver exceptional service. His experience leading high-growth operations, managing complex transitions, and integrating technology with frontline operations positions him as a key strategic leader as Modern Aviation continues to scale.

Daniel Reinheimer is the Chief Financial Officer of Modern Aviation. Throughout his career, Mr. Reinheimer has provided executive level leadership to accounting and operational functions for both public and private organizations.

Mr. Reinheimer has built strong processes, systems, business cases, metrics, resource planning, capital procurement approaches, and high-performing teams. Mr. Reinheimer has both domestic and international experience.

Prior to Modern Aviation, Mr. Reinheimer worked as the CFO of asTech (a provider of automobile electronic diagnostic solutions). Prior to that, Mr. Reinheimer was the CFO for Hawaii Gas, a company owned by Macquarie Infrastructure Group (NYSE:MIC), and Atlantic Aviation, a FBO services company with approximately 70 FBOs, also owned by MIC. At Atlantic Aviation, Mr. Reinheimer led the Accounting, IT, Risk & Safety, and Communications teams. Previously, as CFO of Dental One, a consortium of dental practices in Texas, Arizona, Colorado and Utah with over 54 practices, Mr. Reinheimer was responsible for Accounting and IT and worked closely with the Board of Directors. Additional leadership roles at Level 3 and Frontier Communications round out Mr. Reinheimer’s successful career experience.

Mr. Reinheimer received his MBA from the University of Dallas and his B.S. from the University of Missouri.