February 13, 2013
AAR Chief Information Officer Kevin M. Larson Distinguished Among Top U.S. CIOs
Recognized for IT leadership and information management excellence
WOOD DALE, Illinois – Kevin M. Larson, Vice President and Chief Information Officer of AAR CORP. (NYSE: AIR), has been named a top U.S. CIO for 2012. Larson, 53, was recognized by ExecRank, an independent authority that ranks C-level executives across multiple industries.
“I am grateful for this recognition, which reflects the strength and dedication of AAR’s outstanding team of software developers and technical support personnel,” said Larson, who has worked in various IT leadership capacities since joining AAR in 1989.
Larson was ranked among 150 CIOs from a field of 38,000 selected by ExecRank, which looks at 24 key criteria in selecting its “Most Distinguished CIO” honorees. Chief among them was experience in managing budgets, people and resources and the overall flow of information. Speaking engagements and participation on boards also weighed heavily.
Larson, who has 30 years of information technology experience, joins a distinguished list of CIOs being honored by ExecRank for 2012, including Thaddeous Arroyo, AT&T; Kim Hammonds, Boeing; and Dave Weick, McDonald’s. Under his direction, AAR has gained a competitive technological edge, especially in the Company’s MRO and supply chain operations.
“Kevin’s leadership integrating information technologies into our customer solutions has been a key differentiator as we have expanded our offerings to include more sophisticated, integrated and efficient aircraft maintenance and supply chain solutions,” said AAR President and Chief Operating Officer Timothy J. Romenesko.
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.
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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.
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September 30, 2025
AAR announces public offering of 3,000,000 shares of common stock
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 that it has commenced an underwritten registered public offering of 3,000,000 shares of its common stock. In addition, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 450,000 shares of the Company’s common stock at the public offering price, less underwriting discounts and commissions.
September 30, 2025
AAR announces pricing of public offering of 3,000,000 shares of common stock
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.
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AAR acquires leading parts distributor ADI American Distributors
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 acquired American Distributors Holding Co., LLC (ADI), a leading distributor of components and assemblies, for $146 million in an all cash transaction funded using the Company’s existing revolving credit facility. The acquisition immediately expands AAR’s new parts Distribution with new additional product lines and extensive OEM relationships. The business will become part of AAR’s Parts Supply segment.
