AAR Names Marcus Jadotte Vice President of Public Affairs
August 10, 2016
Aerospace & defense contractor establishing permanent presence in Washington, D.C.
WOOD DALE, Illinois, August 10, 2016 – AAR, a global aerospace and defense contractor and leading provider of aviation services to airlines and governments worldwide, announces it has named Marcus Jadotte as its Vice President of Public Affairs. Jadotte, most recently an Assistant Secretary for the U.S. Commerce Department, will establish an AAR office in Washington, D.C., and be responsible for driving growth through strategic partnerships and alliances and deepening relationships with federal, state and local government officials.
Jadotte has a broad mix of global trade, investment and policy analysis and research prowess from his time as President Obama’s Assistant Secretary of Commerce for Industry and Analysis for the International Trade Administration, where he served as chief liaison with U.S. industry and trade associations and advised the Undersecretary and Secretary of Commerce Penny Pritzker on trade and investment policies impacting America’s global competitiveness.
“I am very excited that Marcus will be bringing his government and trade experience to AAR. Marcus has demonstrated a strength in identifying new markets and bringing resources together to create best-in-class solutions for customers around the world,” said David P. Storch, Chairman, CEO and President of AAR.
Jadotte’s new position at AAR will build on the government relations progress made by Cheryle Jackson, who was recently named President, AAR Africa.
“During his time at the Commerce Department, Marcus helped many U.S. companies identify and form trade partnerships around the world,” Jackson said. “We are delighted that he has agreed to add his unique blend of government experience and business intelligence to the AAR team as we work to expand our business with the U.S. government and its allies.”
Previously, Jadotte served as Vice President of Public Affairs and Multicultural Development for NASCAR, becoming the first African-American officer in NASCAR history. Prior to NASCAR, he served as chief of staff to two U.S. congressmen and served in the Labor Department under the Clinton administration. In 2014, Savoy magazine named Jadotte as one of the "Top 100 Blacks in Corporate America."
AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR’s Aviation Services include Parts Supply; OEM Solutions; Integrated Solutions; and Maintenance, Repair and Overhaul (MRO) Services. AAR’s Expeditionary Services include Mobility Systems operations. Additional information can be found at www.aarcorp.com.
Media contact: Daniela Pietsch, Vice President Corporate Marketing & Communications, at email@example.com or +1 630-227-5100.
This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, including, but not limited to,statements regarding the agreement to establish The Module Factory,AAR’s estimate that it will manage the teardown, repair, marketing and sales of spare parts of FTAI’s CFM56 engine pool totaling over 200 engines and growing, AAR’s ability to leverage its extensive USM capabilities to offer CFM56 serviceable engine material to the global commercial aviation aftermarket, that the partnership positions AAR well to service the growing demand for USM on a leading engine platform as customers increasingly prioritize more cost-efficient solutions, and the belief that serviceable engine products, combined with FTAI’s proprietary products and partnerships, completes its unique suite of CFM56 aftermarket offerings aimed at delivering the lowest cost per cycle solution to airline customers. Forward-looking statements may also be identified because they contain words such as ‘‘anticipate,’’ ‘‘believe,’’ ‘‘continue,’’ ‘‘could,’’ ‘‘estimate,’’ ‘‘expect,’’ ‘‘intend,’’ ‘‘likely,’’ ‘‘may,’’ ‘‘might,’’ ‘‘plan,’’ ‘‘potential,’’ ‘‘predict,’’ ‘‘project,’’ ‘‘seek,’’ ‘‘should,’’ ‘‘target,’’ ‘‘will,’’ ‘‘would,’’ or similar expressions and the negatives of those terms. These forward-looking statements are based on beliefs of Company management, as well as assumptions and estimates based on information currently available to the Company, and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated, including those factors discussed under Item 1A, entitled “Risk Factors”, included in the Company’s Form 10-K for the fiscal year ended May 31, 2016. Should one or more of these risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described. These events and uncertainties are difficult or impossible to predict accurately and many are beyond the Company’s control. The Company assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. For additional information, see the comments included in AAR’s filings with the Securities and Exchange Commission.