February 23, 2023
AAR names Tracey Patterson Vice President and Chief Human Resources Officer
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced that Tracey Patterson has joined the Company as Vice President and Chief Human Resources Officer. In this position, Tracey will oversee global Human Resources, Communications, and other functions.
Patterson joins AAR from Accenture, a publicly traded global professional services company. At Accenture, Patterson led the company’s Global HR Operations with a team of 10,000 and complex HR initiatives for Fortune 500 clients. As a seasoned executive, she brings over a decade of experience building world class HR organizations, employee experiences, innovative operations, and data driven decision making. She holds a bachelor’s degree from Loyola University Chicago and a Master of Business Administration from Northwestern University’s Kellogg School of Management.
“We are very excited about Tracey joining the AAR leadership team,” said John M. Holmes, AAR’s Chairman, President, and CEO. “Tracey’s deep experience in workforce development, employee engagement, and continuous improvement will enable her to build on our comprehensive Human Resources strategy and position the Company for future growth.”
“I look forward to becoming part of AAR,” said Patterson. “I am a strong believer in empowering people and am enthusiastic about furthering AAR’s culture of Doing It Right®.”
For more information on AAR, visit aarcorp.com/.
About AAR
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 aarcorp.com.
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Wood Dale, Illinois – AAR CORP. (“AAR” or the “Company”) (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today the pricing of an underwritten registered public offering of 3,000,000 shares of its common stock at a public offering price of $83.00 per share. The underwriters have a 30-day option to purchase up to an additional 450,000 shares from the Company at the public offering price. The Company estimates that the net proceeds from the offering, after deducting the underwriting discounts and commissions, will be approximately $239.0 million, or $274.9 million if the underwriters exercise their option to purchase additional shares in full. The shares are expected to be delivered on or about October 2, 2025, subject to customary closing conditions.
