Transcend Air
Richard Gersh possesses extensive experience in finance, risk management, and education. Currently serving as Treasurer, Director, and Chairperson of the Finance Committee for Oliver Hazard Perry Rhode Island since January 2019, Richard is committed to providing innovative education-at-sea programs. As Senior Vice President of Risk Management at Transcend Air Corporation since July 2017, Richard contributes to revolutionizing regional business travel. Previous roles include Vice President of Business Development/Risk Management at Terrafugia, Inc., and VP & General Manager at Housing Partnership Network. Richard's foundation in the insurance sector was established as President of Newbury Insurance Company, Ltd., and Second Vice President at MetLife. Richard's academic credentials include an M.Ed. in Higher Education Administration from Suffolk University, an MBA from the University of Massachusetts Lowell, and a BA from Boston University, complemented by participation in the Tuck Executive Program at Dartmouth.
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Transcend Air
Transcend Air is a group of experienced aerospace executives, engineers, and entrepreneurs who have designed a tiltwing VTOL aircraft, the Vy 400. Three times faster than helicopters, with half the operating costs, and enhanced safety, they expect it to grow to dominate the VIP transport helicopter segment. It will also enable a new city-center to city-center airline service, cheaper than current air travel options, and three to five times faster door to door. Since 2009, they have built and flown 15 prototype VTOL aircraft, giving their patent-pending Vy a nearly decade-long lineage of real-world experience. Using proven technologies, including the P&WC PT6 engine and BRS Aerospace whole-aircraft parachute, and requiring no new regulatory regimes nor air traffic control systems, the Vy will finally bring the promise of civil VTOL flight within everyone’s reach.