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AAR Corp. (AIR)

NYSE - NYSE Delayed price. Currency in USD
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71.33+1.24 (+1.77%)
At close: 04:00PM EDT
71.33 0.00 (0.00%)
After hours: 04:02PM EDT

AAR Corp.

One AAR Place
1100 North Wood Dale Road
Wood Dale, IL 60191
United States
630 227 2000
https://www.aarcorp.com

Sector(s)Industrials
IndustryAerospace & Defense
Full-time employees5,000

Key executives

NameTitlePayExercisedYear born
Mr. John McClain Holmes IIICEO, President & Chairman of the Board3.06M5.63M1977
Mr. Sean M. GillenSenior VP & CFO1.3M542.55k1987
Mr. Eric S. PachapaVP, Controller & Chief Accounting Officer838.83k800.06k1973
Ms. Jessica A. GarasciaSenior VP, General Counsel, Chief Administrative Officer & Secretary1.16M902.41k1980
Mr. Christopher A. JessupSenior VP & Chief Commercial Officer1.33M1.16M1979
Mr. Rahul S. GhaiSenior VP and Chief Digital & Technology OfficerN/AN/AN/A
Ms. Lori A. KnudsonVP and Chief Ethics & Compliance OfficerN/AN/AN/A
Mr. Dylan Z. WolinVP of Strategic & Corporate Development and TreasurerN/AN/AN/A
Ms. Tracey PattersonSenior VP & Chief Human Resources OfficerN/AN/A1976
Mr. Terry D. StinsonExecutive Vice President699.11kN/A1942
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

AAR Corp. provides products and services to commercial aviation, government, and defense markets worldwide. It operates through Aviation Services and Expeditionary Services segments. The Aviation Services segment engages in lease and sale of new, overhauled and repaired engine, and airframe parts and components, as well as aircrafts; and offers customized flight hour component inventory and repair, warranty claim management, and outsourcing programs for engine and airframe parts and components. This segment also provides fleet management and operations of customer-owned aircraft for the U.S. Department of State; customized performance-based supply chain logistics programs, which includes material planning, sourcing, logistics, information and program management, airframe and maintenance planning, and component repair, and overhaul services for U.S. Department of Defense and foreign governments. Further, it offers airframe inspection, maintenance, repair and overhaul, painting services, line maintenance, modifications, structural repairs, avionics service and installation, exterior and interior refurbishment, and engineering services and support; and repair and overhaul components including landing gears, wheels, and brakes for commercial and military aircraft; and operates six airframe maintenance facilities and one landing gear overhaul facility. The Expeditionary Services segment designs, manufactures, and repairs transportation pallets and containers and shelters for military and humanitarian tactical deployment activities, including armories, supply and parts storage, refrigeration systems, tactical operation centers, briefing rooms, laundry and kitchen facilities, water treatment, and sleeping quarters, as well as engages in provision of engineering, design, and system integration services for specialized command and control systems. AAR Corp. was founded in 1951 and is headquartered in Wood Dale, Illinois.

Corporate governance

AAR Corp.’s ISS governance QualityScore as of 1 May 2024 is 2. The pillar scores are Audit: 1; Board: 4; Shareholder rights: 5; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.