WOOD DALE, Illinois, May 21, 2013 — AAR CORP. (NYSE: AIR), announced today that its Board of Directors has named Ronald R. Fogleman as its Lead Director.
Fogleman, a retired U.S. Air Force General and a former member of the U.S. Joint Chiefs of Staff, has served as an AAR director since 2001 and is currently Chairman of the Board’s Nominating and Governance Committee and a member of its Compensation Committee. He also serves as non-executive Chairman of Alliant Techsystems, Inc. (NYSE: ATK).
“Ron has a keen understanding of our Company, its businesses and the aviation industry,” said David P. Storch, AAR’s Chairman and Chief Executive Officer. “As Lead Director, Ron will continue to provide outstanding service to the Company and its stockholders in this vital corporate governance role.”
Fogleman served on the U.S. Joint Chiefs of Staff as a military advisor to the Secretary of Defense, the National Security Council and the President. He also was the 15th Chief of Staff of the Air Force, the senior uniformed officer responsible for the organization, training and equipage of 750,000 active duty, Guard, Reserve and civilian forces. He retired from the Air Force in 1997 after 34 years of active commissioned service.
AAR is a global aerospace and defense contractor that employs more than 6,000 people in 17 countries. Based in Wood Dale, Illinois, AAR supports commercial, government and defense customers through two operating segments: Aviation Services and Technology Products. AAR’s services include inventory management and parts distribution; aircraft maintenance, repair and overhaul; and expeditionary airlift. AAR’s products include cargo systems and containers; mobility systems and shelters; advanced aerostructures; and command and control systems. More information can be found at www.aarcorp.com<http://www.aarcorp.com/>.
Storch advocates nationally for enhanced STEM programs to build a skilled, technical labor force, commissioning the special report "The Mid-Skills Gap in Middle America: Building Today's Workforce...
Extensive background in global strategic finance and institutional capital markets
The facility dedicated to maintaining the U.S. Department of Energy's National Nuclear Security Administration (NNSA) fleet of aircraft.