August 26, 2015
AAR Appoints Timothy J. Romenesko Vice Chairman
Company veteran continues in role as Chief Operating Officer of Expeditionary Services
WOOD DALE, Illinois, August 26, 2015 – AAR (NYSE: AIR) today announced that Timothy J. Romenesko has been appointed Vice Chairman. Romenesko will also continue in his role as Chief Operating Officer of the Expeditionary Services segment at AAR, which is comprised of Airlift and Mobility Systems, and as strategic advisor to the chairman and CEO.
This change is part of AAR’s strategic positioning initiative following the successful sale of the Company's cargo businesses, in which Romenesko played a critical role.
Romenesko, who began his career at AAR in 1981, served as Chief Financial Officer from 1994 to 2007, and President and Chief Operating Officer of AAR CORP., from 2007 to the present. He is a member of AAR’s board of directors.
As part of this transition, David P. Storch, AAR's Chairman and CEO, will assume the title and responsibilities of President.
"Tim has been a significant and steady contributor and a true partner in the success of AAR,” said Storch. “I am very appreciative of Tim's hard work and support, and we both look forward to AAR's next chapter.”
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.
Media contact: Daniela Pietsch, Vice President Corporate Marketing & Communications, at editor@aarcorp.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. 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
April 22, 2025
AAR and Defense Logistics Agency Aviation sign Supply Chain Alliance, formalizing commitment to strengthening joint support of the warfighter
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, and the U.S. Defense Logistics Agency (DLA) Aviation’s Supply Center in Richmond, Virginia, signed a Supply Chain Alliance charter, formalizing a commitment to strengthening joint support of the nation’s warfighter. AAR is DLA Richmond’s first Supply Chain Alliance partner.
April 07, 2025
AAR, KIRA establish KALS LLC joint venture, awarded E-6B contract by U.S. Navy
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, has formed a joint venture, KALS LLC, with KIRA Aviation Services under the federal government’s Small Business Administration Mentor-Protégé Program. The joint venture was recently awarded an E-6B Mercury pilot training contract by the U.S. Navy.
April 07, 2025
AAR names Sharon Purnell Senior 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 Sharon Purnell has joined the Company as Senior Vice President and Chief Human Resources Officer. In this role, Purnell will oversee the Company’s global Human Resources department, including its recruitment, talent management, and engagement initiatives.
