Atlas Air Worldwide Holdings, Inc. announced that effective upon the consummation of the Merger, each of Duncan J. McNabb, Charles F. Bolden, Jr., Walter G. Borst, Raymond L. Conner, Beverly K. Goulet, Bobby J. Griffin, Sheila A. Stamps, George A. Willis and Carol J. Zierhoffer ceased to be directors of the Company. Additionally, effective as of the Effective Time, Betsy Atkins, Herbert “Chip” Frazier, William J. Hanenberg, C. Alexander Harman, Patrick Kearney, Antoine Munfakh, Jason Scheir and David Siegel became directors of the Company. John W. Dietrich will remain a director of the Company.