-

StandardAero Appoints Derek Kerr to Board of Directors

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.

Contacts

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

StandardAero

NYSE:SARO

Release Versions

Contacts

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

More News From StandardAero

StandardAero Announces Fourth Quarter and Full Year 2025 Results

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero (NYSE: SARO) announced results today for the three months ended December 31, 2025 ("Fourth Quarter 2025") and the full fiscal year ended December 31, 2025 (“Full Year 2025”). Full Year 2025 Highlights Revenue increased 15.8% year-over-year to $6,062.5 million Net Income was $277.4 million; Diluted EPS was $0.83, Net Income as a percentage of Revenue was 4.6% Adjusted Net Income was $398.4 million; Adjusted Diluted EPS was $1.19 Adjusted EBITDA in...

StandardAero Completes First CFM LEAP-1A PRSV

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero (NYSE: SARO), a leading independent pure-play provider of aerospace engine aftermarket services including engine maintenance, repair and overhaul (MRO) and engine component repair, recently completed delivery of its first CFM International LEAP engine to undergo a performance restoration shop visit (PRSV). Achieving this milestone, which followed pass-off testing of the engine at StandardAero’s San Antonio, TX facility, demonstrates the maturity...

StandardAero Announces Pricing of Its Secondary Offering of 50,000,000 Shares of Common Stock by Affiliates of The Carlyle Group Inc. and GIC

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero, Inc. (NYSE: SARO) (“StandardAero” or the “Company”) announced today the pricing of its underwritten public offering by two of its stockholders (the “Selling Stockholders”), affiliates of The Carlyle Group Inc. and GIC, of an aggregate of 50,000,000 shares of the Company’s common stock, par value $0.01 per share (“Common Stock”), at a price to the public of $31.00 per share. The Selling Stockholders will receive all of the net proceeds from this...
Back to Newsroom