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StandardAero Appoints Derek Kerr to Board of Directors

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StandardAero (NYSE: SARO), a leading aerospace aftermarket services provider, has appointed Derek Kerr to its Board of Directors, effective February 18, 2025. Kerr brings nearly four decades of aviation experience, having most recently served as Vice Chair of American Airlines and President of American Eagle. His previous roles include Executive Vice President and CFO positions at American Airlines, U.S. Airways, and America West Airlines.

Kerr holds an MBA and a Bachelor's in Aerospace Engineering from the University of Michigan. StandardAero specializes in engine maintenance, repair and overhaul, component repair, field service support, asset management, and engineering solutions for fixed- and rotary-wing aircraft in commercial, military, and business aviation markets.

StandardAero (NYSE: SARO), un fornitore leader di servizi post-vendita nel settore aerospaziale, ha nominato Derek Kerr nel suo Consiglio di Amministrazione, con effetto dal 18 febbraio 2025. Kerr porta con sé quasi quattro decenni di esperienza nel settore dell'aviazione, avendo recentemente ricoperto il ruolo di Vice Presidente di American Airlines e Presidente di American Eagle. Le sue esperienze precedenti includono posizioni di Vice Presidente Esecutivo e CFO presso American Airlines, U.S. Airways e America West Airlines.

Kerr possiede un MBA e una laurea in Ingegneria Aerospaziale presso l'Università del Michigan. StandardAero è specializzata nella manutenzione, riparazione e revisione dei motori, nella riparazione dei componenti, nel supporto tecnico, nella gestione degli asset e nelle soluzioni ingegneristiche per aerei ad ala fissa e ad ala rotante nei mercati dell'aviazione commerciale, militare e d'affari.

StandardAero (NYSE: SARO), un proveedor líder de servicios postventa en el sector aeroespacial, ha nombrado a Derek Kerr en su Junta Directiva, con efecto a partir del 18 de febrero de 2025. Kerr aporta casi cuatro décadas de experiencia en aviación, habiendo ocupado recientemente el cargo de Vicepresidente de American Airlines y Presidente de American Eagle. Sus roles anteriores incluyen posiciones de Vicepresidente Ejecutivo y CFO en American Airlines, U.S. Airways y America West Airlines.

Kerr tiene un MBA y una licenciatura en Ingeniería Aeroespacial de la Universidad de Michigan. StandardAero se especializa en mantenimiento, reparación y revisión de motores, reparación de componentes, soporte de servicio de campo, gestión de activos y soluciones de ingeniería para aeronaves de ala fija y rotativa en los mercados de aviación comercial, militar y de negocios.

StandardAero (NYSE: SARO), 항공우주 애프터마켓 서비스 제공업체의 선두주자로, Derek Kerr를 이사회의 임원으로 임명했습니다. 임기는 2025년 2월 18일부터 시작됩니다. Kerr는 최근 American Airlines의 부회장 및 American Eagle의 사장을 역임하며 거의 40년의 항공 경험을 가지고 있습니다. 이전에는 American Airlines, U.S. Airways 및 America West Airlines에서 부사장 및 CFO로 일했습니다.

Kerr는 미시간 대학교에서 항공우주 공학 학사 및 MBA를 취득했습니다. StandardAero는 상업용, 군용 및 비즈니스 항공 시장의 고정익 및 회전익 항공기를 위한 엔진 유지보수, 수리 및 점검, 부품 수리, 현장 서비스 지원, 자산 관리 및 엔지니어링 솔루션을 전문으로 합니다.

StandardAero (NYSE: SARO), un fournisseur leader de services après-vente dans le secteur aérospatial, a nommé Derek Kerr au sein de son Conseil d'Administration, à compter du 18 février 2025. Kerr apporte près de quatre décennies d'expérience dans l'aviation, ayant récemment occupé le poste de Vice-Président d'American Airlines et Président d'American Eagle. Ses précédents rôles incluent des postes de Vice-Président Exécutif et de CFO chez American Airlines, U.S. Airways et America West Airlines.

Kerr détient un MBA et une licence en ingénierie aérospatiale de l'Université du Michigan. StandardAero se spécialise dans la maintenance, la réparation et la révision des moteurs, la réparation de composants, le soutien sur le terrain, la gestion des actifs et des solutions d'ingénierie pour les aéronefs à voilure fixe et tournante sur les marchés de l'aviation commerciale, militaire et d'affaires.

StandardAero (NYSE: SARO), ein führender Anbieter von Aftermarket-Dienstleistungen im Luft- und Raumfahrtsektor, hat Derek Kerr in seinen Vorstand berufen, mit Wirkung zum 18. Februar 2025. Kerr bringt fast vier Jahrzehnte Erfahrung in der Luftfahrt mit, nachdem er zuletzt als Vizepräsident von American Airlines und Präsident von American Eagle tätig war. Zu seinen vorherigen Positionen gehören die des Executive Vice President und CFO bei American Airlines, U.S. Airways und America West Airlines.

Kerr hat einen MBA und einen Bachelor-Abschluss in Luft- und Raumfahrttechnik von der Universität von Michigan. StandardAero ist auf die Wartung, Reparatur und Überholung von Triebwerken, die Reparatur von Komponenten, den Außendienst, das Asset Management und Ingenieurlösungen für Flugzeuge mit fester und drehbarer Tragfläche in den Märkten der kommerziellen, militärischen und geschäftlichen Luftfahrt spezialisiert.

Positive
  • Addition of board member with extensive aviation industry experience and financial expertise
  • Strategic appointment bringing customer perspective from major airline operations
Negative
  • None.

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- StandardAero (NYSE: SARO), a leading pure-play provider of aerospace aftermarket services for fixed- and rotary-wing aircraft, has announced the appointment of Derek Kerr to the company’s Board of Directors. Mr. Kerr’s appointment was effective February 18, 2025.

Mr. Kerr brings to StandardAero’s Board of Directors nearly four decades of aviation and airline experience along with senior executive perspectives from his long and distinguished career having served in a variety of increasingly responsible chief financial officer and operational positions.

Mr. Kerr most recently served as Vice Chair of American Airlines and President of American Eagle. In addition, he previously served as Executive Vice President and Chief Financial Officer of American Airlines. Prior to his roles at American Airlines, he served as Executive/Senior Vice President and Chief Financial Officer for U.S. Airways and America West Airlines.

“We are proud to welcome Derek to our Board of Directors,” said Russell Ford Chairman and Chief Executive Officer of StandardAero. “He is a proven aviation and aerospace leader who brings the domain experience, business acumen and customer perspectives of a true industry expert, along with the enthusiasm, energy and insight to help guide our company’s future.”

Mr. Kerr graduated from the University of Michigan with a Masters of Business Administration degree, as well as a Bachelor’s of Science degree in Aerospace Engineering. He resides seasonally in Scottsdale, Arizona, near StandardAero’s Corporate Headquarters.

StandardAero is a leading independent pure-play provider of aerospace engine aftermarket services for fixed- and rotary-wing aircraft, serving the commercial, military and business aviation end markets. StandardAero provides a comprehensive suite of critical, value-added aftermarket solutions, including engine maintenance, repair and overhaul, engine component repair, on-wing and field service support, asset management and engineering solutions. StandardAero is an NYSE listed company under the ticker symbol SARO. For more information about StandardAero, go to www.standardaero.com.

StandardAero Investor Relations Contact

Investors@StandardAero.com

Alex Trapp -- 480-377-3142

Alex.Trapp@StandardAero.com



StandardAero Media Contact

Kyle Hultquist – 1-480-377-3192

kyle.hultquist@standardaero.com

Source: StandardAero

FAQ

When did Derek Kerr join StandardAero's (SARO) Board of Directors?

Derek Kerr joined StandardAero's Board of Directors effective February 18, 2025.

What is Derek Kerr's most recent executive position before joining StandardAero (SARO)?

Derek Kerr most recently served as Vice Chair of American Airlines and President of American Eagle.

What are StandardAero's (SARO) main business services?

StandardAero provides aerospace engine aftermarket services including maintenance, repair and overhaul, component repair, field service support, asset management, and engineering solutions for fixed- and rotary-wing aircraft.

What is Derek Kerr's educational background?

Derek Kerr holds an MBA and a Bachelor's of Science degree in Aerospace Engineering from the University of Michigan.

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