Mark Miklos Named Leader of Spirit AeroSystems Defense & Space Unit

Rhea-AI Summary

Spirit AeroSystems Holdings has appointed Mark Miklos as Senior Vice President of its Defense & Space division, effective April 1, 2023. He will take over from Duane Hawkins, who is retiring after joining the company in 2013. Miklos, who joined Spirit in 2020 through the acquisition of Fiber Materials, Inc., brings over 25 years of experience in advanced materials. He will report directly to Tom Gentile, President & CEO. Miklos's role will focus on expanding Spirit's Defense & Space portfolio, which is pivotal for the company's growth strategy.

Positive

• Appointment of Mark Miklos as Senior VP of Defense & Space to lead growth initiatives.
• Miklos brings over 25 years of experience in advanced materials, enhancing leadership quality.

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• None.

WICHITA, Kan.--(BUSINESS WIRE)-- Spirit AeroSystems Holdings, Inc. [NYSE: SPR] today announced that Mark Miklos has been named Senior Vice President of the company’s Defense & Space business, effective April 1, 2023. Miklos will replace Duane Hawkins, current Executive Vice President; President Defense & Space, who has announced his intent to retire at the end of March 2023.

“We are pleased to have Mark Miklos lead Spirit’s growing Defense & Space business,” said Tom Gentile, President & CEO of Spirit AeroSystems. “Mark brings both industry experience and operational expertise to the role as he helps us further diversify Spirit’s portfolio. Also, we are grateful for Duane’s contributions across Spirit which includes both commercial and defense programs.”

Hawkins, who joined Spirit in 2013, will remain with the company in an advisory role following his retirement.

Miklos will become a member of the Spirit Executive Leadership Team, reporting directly to Gentile. He is currently Vice President in Spirit Defense & Space with responsibility for the company’s high-temperature composites business in Maine and the executive lead for the company’s hypersonics strategy.

Miklos joined Spirit in January 2020 as a part of the acquisition of Fiber Materials, Inc. (FMI). He was CEO of FMI for three years, from 2017 to 2020.

Prior to joining FMI in 2017, Miklos had more than 25 years of experience years leading manufacturing organizations in the advanced materials industry developing ceramics, high-temperature composites, and high purity alloy components for Aerospace and other high reliability applications. He previously served in various executive roles in public and privately held multinational companies. He holds a bachelor of arts degree from Baldwin Wallace University in Berea, Ohio.

On the web: www.spiritaero.com
On Twitter: @SpiritAero

About Spirit AeroSystems Inc.

Spirit AeroSystems is one of the world’s largest manufacturers of aerostructures for commercial airplanes, defense platforms, and business/regional jets. With expertise in aluminum and advanced composite manufacturing solutions, the company’s core products include fuselages, integrated wings and wing components, pylons, and nacelles. Also, Spirit serves the aftermarket for commercial and business/regional jets. Headquartered in Wichita, Kansas, Spirit has facilities in the U.S., U.K., France, Malaysia and Morocco. More information is available at www.spiritaero.com.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains "forward-looking statements" that may involve many risks and uncertainties. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "aim," "anticipate," "believe," "could," "continue," "estimate," "expect," "goal," "forecast," "intend," "may," "might," "objective," "outlook," "plan," "predict," "project," "should," "target," "will," "would," and other similar words, or phrases, or the negative thereof, unless the context requires otherwise. These statements reflect management's current views with respect to future events and are subject to risks and uncertainties, both known and unknown. Our actual results may vary materially from those anticipated in forward-looking statements. We caution investors not to place undue reliance on any forward-looking statements. Important factors that could cause actual results to differ materially from those reflected in such forward-looking statements and that should be considered in evaluating our outlook include, without limitation, the impact of the COVID-19 pandemic on our business and operations; the timing and conditions surrounding the full worldwide return to service (including receiving the remaining regulatory approvals) of the B737 MAX, future demand for the aircraft, and any residual impacts of the B737 MAX grounding on production rates for the aircraft; our reliance on Boeing for a significant portion of our revenues; our ability to execute our growth strategy, including our ability to complete and integrate acquisitions; our ability to accurately estimate and manage performance, cost, and revenue under our contracts; demand for our products and services and the effect of economic or geopolitical conditions in the industries and markets in which we operate in the U.S. and globally; our ability to manage our liquidity, borrow additional funds or refinance debt; and other factors disclosed in our filings with the Securities and Exchange Commission. These factors are not exhaustive and it is not possible for us to predict all factors that could cause actual results to differ materially from those reflected in our forward-looking statements. These factors speak only as of the date hereof, and new factors may emerge or changes to the foregoing factors may occur that could impact our business. Except to the extent required by law, we undertake no obligation to, and expressly disclaim any obligation to, publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230118005901/en/

Media: Forrest Gossett

(316) 371-6751

forrest.s.gossett@spiritaero.com

Investor Relations: Aaron Hunt

(316) 523-7040

investorrelations@spiritaero.com

Source: Spirit AeroSystems Holdings, Inc.

FAQ

Who is the new Senior Vice President of Spirit AeroSystems' Defense & Space division?

Mark Miklos has been appointed as the new Senior Vice President of Spirit AeroSystems' Defense & Space division.

When does Mark Miklos start his role at Spirit AeroSystems?

Mark Miklos will begin his role on April 1, 2023.

Who did Mark Miklos replace at Spirit AeroSystems?

Mark Miklos replaces Duane Hawkins, who is retiring.

What experience does Mark Miklos bring to Spirit AeroSystems?

Mark Miklos has over 25 years of experience in advanced materials and previously served as CEO of Fiber Materials, Inc.