AOG Investors OPS Portal PAARTSSM Store
Twitter Facebook Instagram Linkedin YouTube

Press release

May 07, 2013

AAR to Name John Fortson as New Chief Financial Officer

Extensive background in global strategic finance and institutional capital markets

WOOD DALE, Illinois – AAR CORP. (NYSE: AIR), a leading provider of value-added products and services to the worldwide aerospace, government and defense industries, today announced that John Fortson will join the Company on July 1, 2013, as Vice President of Finance. Fortson will then become Vice President, Chief Financial Officer and Treasurer on July 19, 2013, or as soon as possible following the filing of the Company’s Form 10-K for its fiscal year ending May 31, 2013.

Mr. Fortson, 45, joins the Company from Bank of America Merrill Lynch, where he held the position of Managing Director, Investment Banking. Fortson joined Merrill Lynch in 1998 and was promoted to Managing Director in 2007. His client base and scope of work has extended beyond U.S.-based companies to Italy, the United Kingdom, Switzerland, France, South Africa and Israel. Prior to joining Merrill Lynch, Fortson served for seven years as an infantry officer in the U.S. Army, with his final assignment as a company commander in the storied 82d Airborne Division, Fort Bragg, N.C. He is a graduate of the United States Military Academy at West Point and received an MBA from Duke University’s Fuqua School of Business.

“We are very pleased to welcome John to AAR’s senior leadership team,” said David P. Storch, Chairman and Chief Executive Officer, AAR CORP. “John brings extensive financial expertise to the Company, with more than 14 years of experience in international capital markets. His leadership and insights will be invaluable as we execute AAR’s plans for continued growth.”

Storch continued, “I would like to acknowledge Michael J. Sharp, who has served as acting Chief Financial Officer since 2012. Mike has done an outstanding job during this interim period and we look forward to his ongoing contributions as AAR’s Vice President, Controller and Chief Accounting Officer.”

About AAR

AAR is a global aftermarket solutions company that employs more than 6,000 people in over 20 countries. Based in Wood Dale, Illinois, AAR supports commercial aviation and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR’s Aviation Services include inventory management; parts supply; OEM parts distribution; aircraft maintenance, repair and overhaul; engineering services and component repair. AAR’s Expeditionary Services include airlift operations; mobility systems; and command and control centers in support of military and humanitarian missions. More information can be found at www.aarcorp.com.

Contact
Media Team
Corporate Marketing & Communications
+1-630-227-5100
Editor@aarcorp.com



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. 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, 2018. 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.

Related news

See all SeeAll

Press release

May 22, 2023

AAR names Tom Hoferer Vice President of Repair and Engineering Services

Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today it has selected Tom Hoferer as its Vice President of Repair and Engineering Services. In this role Hoferer will oversee the Company’s Maintenance, Repair, and Overhaul (MRO) Services and Mobility Systems operations.

Press release

March 29, 2023

AAR to acquire nine Boeing 757-200 passenger aircraft equipped with 18 Rolls-Royce RB211 engines

Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced its subsidiary AAR Supply Chain will acquire nine Boeing 757-200 passenger aircraft equipped with 18 Rolls-Royce RB211 engines from American Airlines.

Press release

March 27, 2023

AAR signs distribution agreement with Cloud Cap Technology, a Collins Aerospace Mission Systems business

Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced a distribution agreement with Cloud Cap Technology, a Collins Aerospace Mission Systems business.

AOG Investors OPS Portal PAARTSSM Store
logo

Our products

Airframe parts Engine solutions OEM Solutions Mobility Systems AOG Contact nowContact
logo

Our services

Airframe Maintenance Landing Gear Services Component Repair Services Wheels and Brakes Services Engineering Services
Flight-hour support Consumables and Expendables Aircraft sales and leasing Airinmar® Trax
ASTRO Government contract vehicles
logo

Digital innovation

AARIVE® The PAARTSSM Store Airvolution® Trax
logo

About

Locations Certifications Doing It Right®

LeadershipLeadership

Corporate Officers Senior Leaders Board of Directors

Environmental, social, and governanceEnvironmental, social, and governance

Ethics and compliance
logo

Careers

JobsJobs

US job openings Amsterdam job openings Trois Rivières job openings United Kingdom job openings Windsor job openings

Working at AARWorking at AAR

Employee experience Diversity, equity, and inclusion Military veterans

StudentsStudents

EAGLE Career Pathway Program
logo

Newsroom

AAR in the news AAR news Press releases Media resources
2022 Annual Report 2022 ESG Report Senior leaders Events