A plane crash in southern Iowa Thursday morning has claimed the life of an Omaha businessman. According to KETV in Omaha, Dave Paladino died when a small plane crashed a little before 8-a.m., short of the Lamoni Municpal Airport.  The family’s pastor confirmed Paladino was on board the single-engine Cirrus SR-22 went it crashed near the south end of the runway. A second victim has not yet been identified.

Through FAA records, KETV NewsWatch 7 confirmed the plane was registered out of Valley, Nebraska with the tail number N123RE.  The FAA crash report says the aircraft attempted to land, but took off immediately and appeared to stall on departure, resulting in the crash.  Paladino leaves behind a wife and four children. He’s the founder of Dino’s Storage, Paladino Development Group, Landmark Group, and Grncompanies, which collectively employ more than 100 people.

The FAA and National Transportation Safety Board are investigating the crash. Neither agency identifies people involved in aircraft accidents.