AAR Corp. (AIR)

69.55 +0.66 (+0.96%) At close: 04:00PM 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
Industry: Aerospace & Defense
Full-time employees: 5,700

Key executives

Name	Title	Pay	Exercised	Year born
Mr. John McClain Holmes III	CEO, President & Chairman of the Board	3.78M	5.8M	1977
Mr. Sean M. Gillen	Senior VP & CFO	1.53M	453.81k	1986
Ms. Jessica A. Garascia	Senior VP, General Counsel, Chief Administrative Officer & Secretary	1.38M	783.82k	1979
Ms. Tracey Patterson	Senior VP & Chief Human Resources Officer	1.17M	N/A	1975
Mr. Christopher A. Jessup	Senior VP & Chief Commercial Officer	1.56M	1.35M	1978
Mr. Eric S. Pachapa	VP, Controller & Chief Accounting Officer	838.83k	800.06k	1973
Mr. Rahul S. Ghai	Senior VP and Chief Digital & Technology Officer	N/A	N/A	N/A
Ms. Lori A. Knudson	VP and Chief Ethics & Compliance Officer	N/A	N/A	N/A
Mr. Terry D. Stinson	Executive Vice President	699.11k	N/A	1942
Mr. Andrew J. Schmidt	Senior Vice President of AAR Digital Services & Trax	N/A	N/A	N/A

Amounts are as of 31 December 2024, 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. The Parts Supply segment leases and sells aircraft components and replacement parts. The Repair & Engineering segment provides airframe maintenance services, such as airframe inspection, painting, line maintenance, airframe modification, structural repair, avionics service and installation, exterior and interior refurbishment, and engineering and support services; component repair services comprising maintenance, repair, and overhaul (MRO) services, engine and airframe accessories, and interior refurbishment; and landing gear overhaul services, including repair services on wheels and brakes. This segment also develops specific aircraft components and parts; and designs proprietary designated engineering representative repairs. The Integrated Solutions segment engages in the fleet management and operation of customer-owned aircraft; provision of supply chain logistics services, such as material planning, sourcing, logistics, information and program management, and parts and component repair and overhaul services; and flight hour component inventory and repair services. In addition, the segment provides integrated software solutions comprising Trax, a cloud-based electronic enterprise resource platform, as well as a suite of paperless mobility apps for automating MRO workflows. 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 18 September 2024 is 4. The pillar scores are Audit: 5; Board: 4; Shareholder rights: 5; Compensation: 5.

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.