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David Mast’s CEO success story for two and one-half decades\nstarted small. In 1996 when he first took charge, revenues were just $250\nthousand. Back then, PAG had 14 employees. Today, PAG has 402 personnel and\nprojected revenues for 2021 are $260 Million. One might ask: How does a CEO\ntransform a company by 1000 times its previous size? To quote another aviation\nCEO who served on PAG’s Board for 12 years: “It’s not as easy as David\nMast makes it look!”<\/p>\n\n\n\n
A graduate of Georgia Tech with a degree in industrial\nmanagement, Mast’s early career included experiences in sales, finance, and\noperations management with companies such as AT&T and First Financial\nManagement Corp. His journey with PAG began as Inventory Manager, then Sales\nManager, advancing to Vice President \u2013 Sales & Marketing, and then promoted\non his merits and contributions to President twenty-five years ago. By 1999,\njust three years into his CEO tenure, PAG was named to the “INC. 500”\nas one of the fastest-growing companies in America.<\/p>\n\n\n\n
In 1996, Mast took the risk and “bet on himself and the\npeople of PAG” that he could grow the business far more aggressively. When\nthe company “leapt forward” to $14 Million revenues, David recants\nthe story of creating a 5-year roadmap: “How shall we build to $50 Million\nor more in less than 60 months?” And indeed, that’s exactly what happened.<\/p>\n\n\n\n
To keep building the business, David knew he needed a bigger\ngas tank, more fuel for the PAG engine. He adroitly negotiated with not just\none, but three successive Private Equity investor groups, in roughly 5-year\nseries each, to vault PAG forward. Some of David’s strongest admirers are those\nhuge institutional shareholders who consider PAG to be a “Home Run”\ninvestment. With his current round of capitalization, Mast is intent on taking\nPAG to record-high growth and value creation. He has laser focus on advancing\nthe brand, the business, the careers of his people, and of course the\nshareholder value of PAG.<\/p>\n\n\n\n
PAG has nine operating subsidiaries today, with 17 business\nunits in 13 domestic and international locations, in 5 US states and stretching\nas far as Canada, Brazil, and Singapore. That includes 13 FAA-approved Part 145\nrepair stations. PAG has accomplished ten (10!) add-on acquisitions since 2004,\neach integrated effectively into the growing family of enterprises. Since 2002,\nPAG has built 6 green-field business units from scratch, all the while adhering\nto PAG’s tried-and-true values of quality, safety, and customer service.\nNumerous quality and excellence awards from OEM’s and other major customers dot\nthe hallways at the head office of Precision Aviation Group, and it is that\nreputation for impeccable quality that is one of David Mast’s lasting legacies.<\/p>\n\n\n\n
David Mast is often quoted in the press as an expert voice in\nthe industry. “We want to be a better company every day,” said Mast.\n“That’s in terms of employer of choice; that’s in terms of efficiency,\ngood stewards and a growing, successful business. And part of that philosophy\nis really focusing on how do we better serve our customers.”<\/p>\n\n\n\n
Quoting a former Board Member of PAG: “David Mast is\nknown as a brilliant, fair, sometimes tough-minded leader, and a\nhighly-accomplished business-builder. He is also known as a great boss by those\nwho know him well. It is tangibly evident in the positive spirit and superior\nperformance of the PAG organization. Mast has fostered a long-term High-Performance\nCulture.”<\/p>\n","protected":false},"excerpt":{"rendered":"
In the world of high-speed turnover in the executive suites of many companies large or small, David Mast stands out as a model of sustained leadership amid accelerated strategic growth. June 2021 marked his twenty-fifth year as the President & CEO of Precision Aviation Group, Inc., headquartered in Atlanta, Georgia and with aviation support operations […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[115],"tags":[],"class_list":["post-18963","post","type-post","status-publish","format-standard","hentry","category-national-news"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/18963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/comments?post=18963"}],"version-history":[{"count":1,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/18963\/revisions"}],"predecessor-version":[{"id":18965,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/18963\/revisions\/18965"}],"wp:attachment":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/media?parent=18963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/categories?post=18963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/tags?post=18963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}