AAR CORP. (NYSE:AIR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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AAR CORP. (NYSE:AIR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January9, 2018, AAR CORP. (“AAR”) announced that, after 39 years with AAR, David P. Storch will retire as Chief Executive Officer of AAR at the end of AAR’s fiscal year on May31, 2018. Mr.Storch will remain a director of AAR and will become the non-executive Chairman of the Board on June1, 2018.

AAR’s Board of Directors, at its regularly scheduled meeting on January9, 2018, appointed John M. Holmes to succeed Mr.Storch as Chief Executive Officer on June1, 2018. Mr.Holmes is currently AAR’s President and Chief Operating Officer, having served in that capacity since June2017. Mr.Holmes previously served as Chief Operating Officer — Aviation Services from 2015 to 2017, Group Vice President, Aviation Services — Inventory Management and Distribution from 2012 to 2015, and in various other positions since joining AAR in September2001. Mr.Holmes has been a director of AAR since July10, 2017.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

ExhibitNo.

Description

99.1

Press release issued on January10, 2018.


AAR CORP Exhibit
EX-99.1 2 a18-2545_2ex99d1.htm EX-99.1 Exhibit 99.1   NEWS For Immediate Release   AAR CEO David P. Storch Announces Plans to Retire   AAR President & COO John M. Holmes to Become CEO June 1,…
To view the full exhibit click here

About AAR CORP. (NYSE:AIR)

AAR CORP. (AAR) is a provider of services and products to the commercial aviation and government and defense markets. The Company operates in two segments: Aviation Services, which consists of supply chain and maintenance, repair and overhaul (MRO) activities, and Expeditionary Services, which includes airlift and mobility activities. Its services and products include aviation supply chain and parts support programs; MRO of aircraft and landing gear; design and manufacture of specialized pallets, shelters and containers; expeditionary airlift services; aircraft modifications, and aircraft and engine sales and leasing. It serves commercial, defense and governmental aircraft fleet operators, original equipment manufacturers and independent service providers around the world. Its landing gear overhaul facility is in Miami, Florida, where it repairs and overhauls landing gear, brakes and actuators for various types of commercial and military aircraft.