Investor Relations

Management Team

Simon R. Kay

Chief Executive Officer and President
Mr. Kay is a 35-year veteran of the business and commercial aviation industries, and has an extensive record of achievement directing business, sales, new product development, and operations management within the aerospace sector. His previous experience includes roles as CEO and COO of two startup companies; he has worked for divisions of Fortune 500 companies in both Operations Management and Sales and Marketing roles; he was chief pilot of a business aircraft operations company, representing multiple aircraft owners; and he was a professional pilot, where he gained over 7,000 flight hours and multiple aircraft and helicopter type ratings.

Mr. Kay has demonstrated a proven ability to deliver millions of dollars in revenue growth while improving operational performance, market penetration, customer acquisition and retention, and profitability. He has developed special expertise in the areas of aircraft interior component design, manufacture and certification, aircraft operations, sales, and aircraft outfitting & refurbishment. He previously grew a company from initial startup to approaching $40M in annual revenue within 10 years.  Under his leadership, that organization grew to become the world leader in its market segment and developed multiple advanced aircraft interior products.  He excels at building and leading top-performing teams, establishing relationships with top-tier accounts and Fortune 500 companies, and resolving complex issues.

Mr. Kay’s visionary leadership resulted in his organization receiving multiple recognitions and awards, including: Grow Florida’s Florida Companies to Watch Award (2016); the South Florida Manufacturer’s Association Manufacturer of the Year Award (2017); and the Florida Sterling Council’s Manufacturing Business Excellence Award (2017).  Mr. Kay was awarded the Florida Governor’s Business Ambassador Award by Governor Rick Scott (2016); and was nominated as CEO of the Month by Wealth and Finance magazine (October 2015).

Mr. Kay graduated from Georgetown University with a Master of Business Administration, and from Embry-Riddle Aeronautical University with a Bachelor of Science in Professional Aeronautics (focus on Aviation Business Administration), Magna Cum Laude.  His professional memberships have included the Aircraft Owners and Pilots Association, the National Space Society and the National Business Aircraft Association.

He resides in Parkland, Florida, is married and has four children.

Fred Tingberg Jr.

Chief Technology Officer
With over 25 years of construction industry experience, Fred Tingberg Jr. leads Basanite’s product development, sales, and technical certification programs, as well as ensures the Company’s adherence to government building codes and construction regulations. He is also a member of the Basanite Board of Directors.

Tingberg also manages Basanite contracts and specifications, such as the recent Bahamian government approval of the Company’s basalt fiber-reinforced polymer in structural and seawall applications, and Broward County’s Utility Technical Review Committee approval for the use of Basanite products in local infrastructure reinforcement projects.

Mr. Tingberg, a Rensselaer Polytechnic Institute graduate and materials engineer, is also a published technical author and has developed and patented multiple construction-related products.

He holds construction-related licenses in Florida, Arizona, Georgia, Louisiana, and South Carolina, and is a member of the North American Society for Trenchless Technology, American Water Works Association, American Public Works Association, Underground Construction Technology International, National Association of Sewer Service Companies and ASTM.